Forecast on foreclosures dismal. What to do?

More than 7,500 properties were foreclosed in MA in 2007. The numbers are projected to be much higher this year. The vacant, lender-owned properties tend to be concentrated in certain neighborhoods, often in our older industrial cities.

There are no easy solutions, but CHAPA has taken a first step at addressing the crisis with the release of a briefing paper on the topic. Take a look at the paper here.

Got ideas about what can be done? Or thoughts on CHAPA’s paper? Post them here.