Protesters: Moratorium On Foreclosures, Divert Funds From Hardest Hit To Homeowers
DETROIT (WWJ) - A protest Wednesday outside the Wayne County Treasurers Officer over tens-of-thousands of possible foreclosures.
Earl Jennings is with Russell Woods-Sullivan Area Association and helped to organize the Moratorium Now protest reports WWJ's City Beat reporter Vickie Thomas.
"Which happens to be the largest historic district in the city," says Jennings of the Russell Woods-Sullivan association.
Jennings says that the period for homeowners to challenge the assessment on their homes needs to be expanded beyond the two-week period in February.
"We have a serious issue with some problems with our local government that is actually causing people to lose their homes. We are taking a stance that when looking at the data on Russell Woods we are 100 to 300 percent over-assessed, poverty exemptions, there is exemption status' of our senior citizens not being processed," he says.
Jennings says some of the millions of dollars in the 'hardest hit funds' should be used to help keep owners in their homes not for blight removal.
Find more information at Wayne County Treasurer
There are approximately 30,000 occupied homes facing foreclosure this year in Wayne County.
