By Rev. Clyde Ellis, Rev. Keith Savage and Father Gerry Creedon
Hannah Senft, Candy Savannah and Ron Taylor have been neighbors for more than 20 years in Georgetown South, a community of 800 townhomes in Manassas, Virginia. It’s a diverse, working-class suburban neighborhood about 30 miles from the White House.
And it’s being decimated.
Millions in funding for a housing pilot program that would go toward restoring communities affected by the 2008 foreclosure crisis in Prince William County will be promised by two major financial institutions and a Virginia housing agency Monday, according to Virginians Organized for Interfaith Community Engagement.
MANASSAS, Va. — Nearly 1,000 homeowners in Prince William County and the cities of Manassas and Manassas Park have been identified as eligible for assistance in the $25 billion National Mortgage Settlement announced this year, two banks reported Sunday at a community meeting.
If the Justice Department wants to get serious about investigating financial fraud by Wall Street big boys, it ought to drop by the White House and interview Jeffrey Immelt, CEO of General Electric. Immelt is chair of President Obama’s jobs and competitive council, where he strategizes about how to revive American manufacturing. In some other places, only thirty miles from the White House, Immelt is known as the subprime foreclosure king.
Virginia’s top cop and Prince William County resident Attorney General Ken Cuccinelli II toured a foreclosure-wracked neighborhood Thursday in Manassas.
<p style="\\"text-align:" left;\\"="">Memo to the Obama Administration: if you want to see the makings of a national model to hold big banks accountable for fixing foreclosure-devastated neighborhoods, go to Milwaukee and talk to citizen leaders of a community organization who are practicing what Saul Alinsky preached.