ROOF to boost efforts to buy back foreclosures
The aim of New Haven’s “Real Options, Overcoming Foreclosure” Program is twofold: first, preventing residents from losing their homes and second, buying back properties that have already foreclosed. So far, the program has not done much of the latter.
But Mayor John DeStefano Jr. has said that, in the coming year, he plans for ROOF to meet its goals.
ROOF, the city’s umbrella foreclosure-prevention organization, will expand its efforts this year by buying back foreclosed properties in critically affected regions of the city. DeStefano made a quick nod to ROOF in his “State...
