FEMA trying to use Foreclosed homes after Hurricanes
June 4, 2009 by admin
Filed under Real Estate
Looks like FEMA will try to use some of the foreclosures around Florida as shelters for those who may have lost there home from a Hurricane. Now this is still a possibility, nothing is set in stone. But I think its a pretty good idea to use those homes. And if banks turn down the idea of getting rent money in for that home that could be vacant for how long? So I hope they agree to this.
Here is a clip from the Sun-Sentinel.com
The idea is still being developed, but FEMA would likely contact banks, other mortgage holders and their representatives to compile a list of available homes. The evacuees would then be assigned homes close to their own and FEMA would use a contractor, acting as its agent, to pay rent directly to whoever owns the home, said Jon Arno, FEMA’s individual assistance branch director for Florida. His duties include finding temporary housing for disaster victims.
If the idea works in Florida, it could serve as a model nationally.
In April, there were 278,287 homes in some stage of foreclosure in Florida, according to RealtyTrac.
Jeannette Neerpat
9000 Sheridan Street
Pembroke Pines, Fl 33024
www.Neerpat.com
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