CLEVELAND, Ohio — The federal housing agency has pulled the plug on a deal that helped keep some of Cleveland’s worst foreclosed homes out of the hands of negligent owners.
The U.S. Department of Housing and Urban Development has ended a program that allowed the city and nonprofits to take control of the homes, and instead is offering them in a market where buyers — responsible or not — can get them.
“They’re now dumping distressed properties back on the market again with reckless disregard for the community,” said Cleveland Councilman Tony Brancatelli. “It’s a big problem.”
