Non-profits Turn Foreclosures Back Into Homes

This is in the news now:

http://www.msnbc.msn.com/id/40822152/ns/business-real_estate

Some folks were ahead of the curve decades ago, the Historic Savannah Foundation, which started out with a similar concept in restoring historic (instead of foreclosures) homes, back in 1959. I wrote about this program before, but it is worth mentioning again:

http://www.myhsf.org/

That program is awesome, including the plaques people can purchase for their homes:

http://www.myhsf.org/advocacy-education/programs/plaques/

The before and after pictures are almost a miracle:

http://www.myhsf.org/revolving-fund/mashh-2/

The key is the revolving fund.

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