All posts in the topic Ninth Ward E-News - Friday, April 4, 2008 (Short link)
Summary
- There are 2 posts — by 2 authors — in this topic.
- Latest post made by Steven Clift at Apr 07 18:07 UTC
<http://www.ci.minneapolis.mn.us/council/ward9/> April 4, 2008 Contact Gary! > Click here to send Gary an email <http://www.ci.minneapolis.mn.us/contact/email-form-schiff.asp> More contact information > Inspections <http://www.ci.minneapolis.mn.us/contact/email-form-codeviol.asp> > Report Graffiti <http://www.ci.minneapolis.mn.us/contact/email-form-graffiti.asp> > Animal Control <http://www.ci.minneapolis.mn.us/contact/email-form-animalcomplaint.asp> > Public Works <http://www.ci.minneapolis.mn.us/public-works/> > Summer Jobs-14 to 15 <http://www.ci.minneapolis.mn.us/metp/docs/stepup_app_14.pdf> > Summer Jobs-16 to 21 <http://www.ci.minneapolis.mn.us/metp/docs/stepup_app_16.pdf> En Espaol > Presiona Aqui <http://www.ci.minneapolis.mn.us/council/ward9/Ward_9_News.asp> City sues to stop real estate fraud scheme The City of Minneapolis has joined three neighborhoods in filing a lawsuit <http://www.startribune.com/local/17245204.html> against a real estate business blamed for worsening the foreclosure crisis in the city. The suit seeks redress from TJ Waconia, which engaged in a complex and fraudulent residential real estate scheme that converted owner-occupied homes to rental units, most of which have since been foreclosed and many of which are vacant. TJ Waconia's practices have left many north Minneapolis homeowners unable to sell their homes or owing significantly more for their homes than they are worth. The suit seeks the appointment of an administrator to manage the properties and remedy code violations. The city is also looking to recover monetary damages as well as injunctive relief against TJ Waconia to prevent it from continuing its fraudulent activities. Plaintiffs include the Folwell Neighborhood Association <http://www.folwell.org/folwell/> , McKinley Community <http://www.neighborhoodlink.com/minneapolis/mckinley/> , Webber-Camden Neighborhood Organization <http://www.webbercamden.org/webber/> , Greater Metropolitan Housing Corporation <http://www.gmhchousing.org/> and local residents. Council Member Gary Schiff serves as a board member of the Family Housing Fund <http://www.fhfund.org/> , which is also a plaintiff in the suit. From 2003-2006, TJ Waconia purchased and flipped 140 north Minneapolis homes, 88 in three neighborhoods of Folwell, Webber-Camden, and McKinley. The city claims TJ Waconia's systemic, targeted, and intentional overvaluation of these homes used fraudulent appraisals to falsely inflate property values in north Minneapolis. Of 140 TJ Waconia homes, at least 108 are vacant and 89 have been sold through foreclosure. State legislature considers future of NRP
Thanks Gary.
Council member Gary Schiff represents the far north portion of Standish.
We certainly hope all of our elected officials see this as a place to connect
with local matters in our neighborhoods. It is quite appropriate for them to
report on how they are representing us, particularly pointing out any local
return on our tax dollars so to speak.
If others know any of our elected officials, please encourage them to join us
and introduce themselves.
Steven Clift
Forum Co-Host
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