Hardest hit programs in Michigan and Indiana are in a pinch, with one state nearly out of funds and the other under fire for misuse of those dollars. Which state is which?
Read More »Blight Elimination Program Gets Underway in Indiana
The BEP has made about $75 million (approved by the U.S. Department of Treasury) available to the state of Indiana to eliminate blight by reducing foreclosures and stabilizing neighborhoods, and about $1.5 million of that money was allocated to East Chicago.
Read More »Indiana AG Urges Lawmakers Not to Eliminate Foreclosure ‘Settlement Conferences’
Indiana Attorney General Greg Zoeller is trying to stop legislation that would eliminate a consumer protection known as the "settlement conference," which is a homeowner's final recourse before their home goes to foreclosure, according to an announcement on Zoeller's website.
Read More »Two Indiana Municipalities Receive Funds to Eliminate Blighted Properties
Indiana Lieutenant Governor Sue Ellspermann announced on Friday that two of the state's municipalities were recipients of a combined total of approximately $2.9 million in awards from the Hardest Hit Fund Blight Elimination Program (BEP).
Read More »Carrington Plans Expansion Into Central Indiana, Creating 360 Jobs
Santa Ana, California-based Carrington Mortgage Services announced earlier this week its intention to expand into the Central Indiana city of Westfield. The expansion will create up to 360 high-wage jobs by 2019, the company announced. Carrington plans to invest $3.17 million to renovate a 77,000-square foot facility in Westfield and have it operational by the end of the year.
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