Recently, The Fair Housing Center received funding as part of a lawsuit settlement. The lawsuit alleged that, in the aftermath of the foreclosure crisis, Fannie Mae failed to maintain properties it owned in neighborhoods of color as compared to predominantly white neighborhoods. Properties were often left vacant, unsecured, and neglected in neighborhoods of color.
The settlement funds must be used to address the harm caused by the failure to maintain these properties. Potential uses of the funds could include, for example, programs to rehabilitate homes in the impacted neighborhoods, create new housing opportunities in those neighborhoods, or other investments to improve those neighborhoods.
The Fair Housing Center conducted a survey to collect feedback from the Toledo community on how the funds should be used. The Fair Housing Center will consider the responses as it plans for potential programs to reinvest in the Toledo neighborhoods that were harmed. The survey is now closed.