The new Southeast Queens program, Foreclosure Buyback Program (not to be confused with the Gun Buyback Program in the area) has been spearheaded by three Southeast Queens Council Members (Miller, Richards and crooked Wills) who said the initiative is the first in the country of its kind, and would allow nonprofits to purchase distressed mortgages throughout New York City from the Federal Housing Association.
Well, hopefully it will not be crooked non-profits, like Clergy United for Community Empowerment, which Miller funneled $63,438 in discretionary funds to this crooked religious non-profit run by Rev. Ernestine Sanders (who the fuck in this backwoods community is not a reverend, they must give these certificates out in boxes of cereal) and which is being investigated and has ties to some of Southeast Queens shady politicians like former Senator Shirley Huntley. See https://cleanupjamaicaqueens.wordpress.com/2016/07/05/crooked-st-albans-clery-non-profit-disgraced-former-senator-shirley-huntley-councilman-daneek-miller-bad-news-in-the-dirty-southeast-queens/
I don’t trust anything these crooked clowns do anymore in the Jamaica Ghetto, but again, this was a problem from way way back and you are just getting around to it and figuring out that vacant homes in the ghetto are a bad idea. Wow, what superior “leaders”. Could leaving illegal garbage dumping all over for days and weeks a bad idea or having large trucks driving illegally on residential streets a bad idea or mixing crooked Southeast Queens Politics with crooked Southeast Queens churches and religious leaders?
………………and on another note, my final countdown has begun.
From The Daily News:
Council members representing southeast Queens gathered Tuesday morning to unveil the new Foreclosure Buyback Program, also known as the City Restoration Program.
They said the initiative is the first in the country of its kind, and would allow nonprofits to purchase distressed mortgages throughout New York City from the Federal Housing Association.
More than 40 so-called “zombie homes” across New York City have been selected for the pilot program, which has partnered with a number of nonprofits to purchase distressed mortgages.
Once these are bought back from the FHA, the nonprofits will work with families to restructure their mortgages and give them the opportunity to remain in their homes.
Councilman I. Daneek Miller, who spearheaded the program, called it a response to the foreclosure crisis that has disproportionately struck areas like southeast Queens.
“Communities are redlined,” Miller said, referring to the discriminatory practice of banks rejecting mortgages for residents of certain areas.
“You can’t go through a traditional bank to get a traditional mortgage, and then we become very vulnerable and susceptible to predatory lenders.”
Councilman Donovan Richards said foreclosed houses are dangerous and hurt surrounding communities’ quality of life.
“Crime is happening in these homes,” he said. “There are drug dealers in these homes.”
Tashie, a homeowner living in Jamaica, Queens, stopped by to commend the Council members for their work.
“The house next door to mine was boarded up about a month ago. Me and my family don’t feel safe because we don’t know who is living there,” said Tashie, who declined to give her last name.
The Foreclosure Buyback Program seeks to prevent such foreclosures and “is a huge shot in the arm for those who have been struggling,” said Richards.
The program has received funding from the New York City Council, as well as $6.9 million in private financing from Goldman Sachs’s Urban Investment Group.
For Miller, the aim is to find solutions for the more than 9,000 homes facing foreclosure in New York City.
With programs like these, “you’re going to see a major change in housing throughout Southeast Queens.”