Lepore-Hagan says new abandoned property law will help stabilize neighborhoods
Expedited process for abandoned property foreclosure will prevent urban decay, boost revitalization efforts
State Rep. Michele Lepore-Hagan (D-Youngstown) today commented on the enactment of House Bill 463, legislation signed into law this week by Gov. John Kasich that will help communities fight blight by establishing an expedited foreclosure process for abandoned and vacant homes.
“Abandoned homes stuck in the lengthy foreclosure process can depress neighborhood property values and attract vandalism and crime,” said Lepore-Hagan. “Modernizing Ohio’s foreclosure laws helps stabilize neighborhoods and prevent urban decay by giving communities a tool to speed up the foreclosure process.”