REDI Housing Town Hall Final Report
Description of the Report
The Richmond Equitable Development Initiative (REDI) prepared this report to show how the national crisis is impacting communities in Richmond, California and to emphasize the need for solutions that minimize this critical situation, especially for the city’s most vulnerable populations. Richmond has a long history of being a welcoming city where many working families can find an affordable home to buy or rent. Now, more than ever, is the opportunity to develop short and long term solutions that allow Richmond to continue to be a place for those who want to call it home.
As of 2009, more than 2,000 homes in Richmond are currently in foreclosure with a projected 3,000 more to be in foreclosure next year. This second wave of foreclosure impacts both homeowners and renters....