The Observation Deck

from Cleve.com

CLEVELAND, Ohio -- Cuyahoga County is poised to receive nearly $12 million from a nationwide settlement with mortgage lenders to demolish thousands of buildings left vacant and blighted in the aftermath of the foreclosure epidemic.

Ohio Attorney General Mike DeWine announced Friday that the county is eligible to receive what amounts to the largest portion of the $75 million his office set aside to help communities deal with an estimated 100,000 abandoned houses statewide.

john crino wrote:from Cleve.com

CLEVELAND, Ohio -- Cuyahoga County is poised to receive nearly $12 million from a nationwide settlement with mortgage lenders to demolish thousands of buildings left vacant and blighted in the aftermath of the foreclosure epidemic.

Ohio Attorney General Mike DeWine announced Friday that the county is eligible to receive what amounts to the largest portion of the $75 million his office set aside to help communities deal with an estimated 100,000 abandoned houses statewide.

I am sure Lakewood will get a piece, but this is pretzel logic.

So people loose their homes, and the money flows to the city to tear down the homes left
by those getting jerked around?




.

Maybe it's just me but I'd like to know how the State of Ohio is going to "deal with" an estimated 100,000 abandoned houses for $750 per abandoned house....