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Non-Profit Organization Plants Food On Vacant Bank Owned Farms
Posted on June 11, 2008 at 2:00PM
ForeclosuresDE President and co-founder, Jeremy Shapiro
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Governor Harley Barbour hosted the Mississippi Summit on foreclosures in Jackson Tuesday. The Summit was about working with lenders to save your home. At this point in time the state has relatively low number of foreclosures, but the rate of mortgage delinquency is the fourth highest in the nation.
There is no end in sight to rising mortgage foreclosures in Wisconsin, with Dane County showing the largest percentage increase in the region over the past five months. Wisconsin added another 1,949 foreclosures in May, bringing year-to-date foreclosures to 10.644, a 38 percent increase over the same period in 2007.
Wayne County, Michigan has been hit especially hard by the mortgage crisis. the country has inherited thousands of unwanted properties, leaving plot after plot of vacant land. A non-profit organization has decided to use the plots and grow food for the needy. The group called Urban Farming will take 20 derelict propertied, pull the weeds, lay fresh topsoil, and plant fruits and vegetables.
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