Give Now

Proposed Legislation Targets Foreclosures, Urban Blight

foreclosed

Photo: Flickr (taberandrew)

Many Indiana cities are facing urban blight due to home foreclosures.

A state senator plans to introduce legislation that could prevent more Hoosier homes from going into foreclosure and ending up abandoned and blighted.

Sen. Jim Merritt, R-Indianapolis, says vacant or abandoned housing continues to be a big problem in cities like Gary, South Bend, Muncie, Evansville, Indianapolis and others.

Merritt says the state has already distributed $23 million to local communities to tear down blighted homes. He’s promoting the “Hardest Hit Fund,” a $221 million pot of federal money set aside to either help financially-stressed homeowners avoid foreclosure and aid communities in tearing down blighted properties.

Merritt says Indiana lawmakers are also seeking permission from the federal government to use upwards of $100 million for communities to tear down abandoned properties.

Want to contact your legislators about an issue that matters to you? Find out how to contact your senators and member of Congress here.