Prevent foreclosure. Legal Aid is a critical resource for individuals and families facing foreclosure on their homes. In Ohio saw the biggest spike in foreclosure starts in the country this May, when rates jumped 96% over the course of one month. Nearly all of Ohio's metro areas have seen increases this spring in banks filing foreclosure notices, and the greater Cleveland area had the third-highest rate of foreclosure activity in the United States in May2.
Transformative Idea:
- Prevent Foreclosure
Rationale:
- Civil legal aid ensures homeowners stay in homes so local property tax revenue stabilizes and increases.Read more at this link.
Estimated Cost:
- Depends on size of community.
Source of Funds:
- Homeowners Assistance Fund for foreclosure prevention.Full details at this link.