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Latest Urban decay Stories

2008-11-03 12:00:12

MELVILLE, N.Y., Nov. 3 /PRNewswire/ -- Senior Lending Network(R), a leader in reverse mortgages, announced today the company is further developing and strengthening its brand to reflect its new tagline, "We can change your life." In line with this strategy, Senior Lending Network also is introducing an enhanced logo, which better reflects its trustworthy reputation and consolidates all of its sub-brands under the Senior Lending Network name. (Logo:...

2008-09-28 00:00:17

A federal judge Friday dismissed a lawsuit filed by residents of an East Hills housing project who have been fighting for two years to keep the U.S. Department of Housing and Urban Development from holding a foreclosure sale. Eight shareholder-residents of Third East Hills Park filed a lawsuit in 2006, claiming that HUD's plan to evict residents of the federally assisted housing development violated federal law, including the Fair Housing Act and Uniform Relocation Act. HUD planned to...

2008-08-11 06:00:25

Text of report by Ben Agina and Isaac Ongiri entitled: "Squatters invade airport land, endanger flights" published by Kenyan privately- owned daily newspaper The Standard website on 11 August Squatters have invaded corridors that aircraft use to approach the Jomo Kenyatta International Airport (JKIA). Illegal structures are mushrooming on the land set aside for security, as a new estate, Kiangombe, comes up. The land, measuring about 1,000 hectares, is a corridor for minor and major...

2008-08-02 06:00:13

By Paul Burgarino However, the agency must increase the amount of money deposited into the state treasurer's Condemnation Deposits Fund by $700,000 as probable compensation for the property. Maddock said the city must deposit a total of $1.8 million as potential reimbursement to the owner. Pittsburg has put about $1.1 million into the fund, said Juliet Cox, an attorney with Goldfarb and Lipman LLP, the firm representing the city. The agency board, which consists of the Pittsburg City...

2008-07-30 15:00:41

By Fraser Sherman, Destin Log, Fla. Jul. 30--Despite dwindling property values, Destin's Community Redevelopment Agency has enough property-tax revenue to begin its Mountain Drive and Destin harbor plans on schedule, city officials say. The CRA receives a share of city and Okaloosa County property taxes from the town center and Destin harbor redevelopment districts. Destin Finance Director Bragg Farmer told The Log that while the town center revenue will drop $150,000 in the coming...

2008-07-25 12:00:48

By Matt Katz, The Philadelphia Inquirer Jul. 25--Camden officials sent a letter this week to 1,300 property owners in a new redevelopment zone, saying they had to keep pace with the latest court ruling on the controversial practice of eminent domain. But the 26-page letter is so laden in detailed legal terms and foreboding phrases -- such as "affect and/or acquire your property against your will" -- it is seen by some residents as confirming their fear that the city wants to take all of...

2008-07-09 03:00:16

THE 125-acre Baldwin Park redevelopment plan is facing new hurdles in a bid to revitalize a dying downtown and help rescue a crime-plagued city. These are the issues that must be addressed by the City Council, its staff and the city's redevelopment partner, Bisno Development Co. LLC, or it's our view the project will not get off the launching pad: A sluggish economy and a tight lending market. If Bisno is to succeed as it has with its "City Place" development in Santa Ana, it must find...

2008-07-03 06:00:00

By Cassandra Crockett, The Salt Lake Tribune Jul. 3--In an effort to combat unfair lending practices, the NAACP of Salt Lake City joined in a national "Day of Action" against mortgage discrimination Wednesday, the 44th anniversary of the signing of the 1964 Civil Rights Act. Through news conferences and events nationwide, the NAACP called attention to what it contends are systemic problems for African-Americans and Latinos with dreams of homeownership. "Today, for many...

2006-11-23 05:51:17

By Dan Cortez, Detroit Free Press Nov. 23--Mark Steenbergh says he never liked what he calls "slumlords." And after 11 years as Warren's mayor, he plans to do something about them. Steenbergh wants owners of rental homes and apartment buildings to pay registration and inspection fees, which he believes will spur them to clean up high weeds, broken-down cars and other blight. A series of ordinances to put the new rules in place will come before the City Council on Tuesday. "Apartments...

2006-10-25 03:00:18

By Garnett, Nicole Stelle This Article challenges a foundational assumption about eminent domain-namely, that owners are systematically undercompensated because they receive only fair market value for their property. In fact, scholars may have overstated the undercompensation problem because they have focused on the compensation required by the Constitution, rather than on the actual mechanics of the eminent domain process. The Article examines three ways that "Takers" (i.e., nonjudicial...