By Kyle Potter, Minnesota Daily (2/9/10) excerpt - ". . . While he acknowledged that the mortgage crisis affected the neighborhood, Southeast Como Improvement Association neighborhood coordinator James De Sota said foreclosures still haven’t been a big issue in University neighborhoods. “It basically went from none to some,” he said. “It was never as widespread here as it was on the north side of Minneapolis.” SECIA works to maintain the houses and environment in the neighborhood, which is one of the hot spots for students who want to live off-campus. De Sota said SECIA didn’t feel the need to invest in a program to counter foreclosures as other neighborhood organizations have done, because the numbers were so low. He speculated that just seven houses in the area remain vacant. . . ." |
  |
|