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by klous 4214 days ago
Well my friend raised over $6,000 on IndieGoGo [1] to buy homes at the foreclosure auctions to give to the families who live in them. There's a potluck tomorrow with all the families and funders to celebrate the success.

I could see many more of this type of effort in Detroit being successful.

[1] https://www.indiegogo.com/projects/the-tricycle-collective

1 comments

This is wonderful.

I would invest in something that took it a step further; turn it into self-sustaining non-profit or co-op that's focused on keeping people in their homes and able to repay the costs of repurchasing them.