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 Statist scam: Cops Offered Deals On Foreclosed Homes

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Statist scam: Cops Offered Deals On Foreclosed Homes Vide
PostSubject: Statist scam: Cops Offered Deals On Foreclosed Homes   Statist scam: Cops Offered Deals On Foreclosed Homes Icon_minitimeTue Oct 20, 2009 9:15 pm
DECATUR, Ga. -- DeKalb County's CEO has announced a program to help the county's emergency responders buy foreclosed homes.

CEO Burrell Ellis announced a program Monday that will use federal stimulus funds to help those designated as first responders buy homes in the suburban county.

The county will set aside $1.5 million for police officers and another $1 million for firefighters, sheriff's deputies and other sworn "first responders."

The subsidy will be $14,150 for those who stay in a home at least five years and $25,000 for those who remain for 10 years, and is designed to stabilize neighborhoods hit hard by foreclosures.

Associated Press
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