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Showing posts with label Housing. Show all posts
Showing posts with label Housing. Show all posts

Thursday, 20 September 2012

GALATA Housing Giveaway Fallout: Councilwoman PFM Asks If GALATA Is Bringing Blight To The NW

Posted on 06:00 by Unknown

Mayor Bateman and Councilman Williams did not remember the program, evidenced by their remarks.

We did: http://homesteadishome.blogspot.com/2011/12/director-of-galata-filed-for-bankruptcy.html

            http://homesteadishome.blogspot.com/2010/04/homestead-florida-city-haitian-relief.html

Three residents made the Mayor and City Council aware of a NW home given away to GALATA in December, along with four other homes, had fallen into neglected status creating an eyesore. The photos taken early this week show the properties have been mowed and cleaned up at this time.

 Property referenced in council complaint. 105 NE 17 Street, appearance improved.





Tommy Milner located in Homestead at 122 NW 17 Street stated he worked hard to provide a safe home for his family however problems have occurred as a result of the City of Homestead purchasing property on 105 NE 17 Street directly across from his house. Mr. Milner said the City refurbished the house and turned it over to a corporation called Galata who then rented to a Section 8 family who could not sustain their property and in return was bringing down the property value of the community. Mr. Milner asked why the City did not notify the public about the sale and questioned if the City knew the property was going to be rented to Section 8.

Mayor Steven Bateman asked if the program was run through Finance. Director of Finance Carlos Perez replied the property was owned by Galata who was also responsible for the upkeep. He stated he would follow up on the issue

Councilman Stephen Shelley commented he was made aware of the issue about a week prior went to look at the property physically and discussed it with the City Manager. He did not agree the community was a good area for a perpetual rental and stated staff would be looking into the concern.

*Councilman Jimmie Williams articulated he did not remember the City lease agreement with Galata and asked how often followups and monitoring of the property was conducted with the houses deeded over to Galata.
 *The minutes had councilwoman, we corrected it and Councilman Williams made the motion with Councilman Maldonado supplying the second, ayes all.


Director of Finance Carlos Perez stated the City was currently working on the issue. Councilman Jimmie Williams asked how many houses Galata overlooked.
Director of Finance Carlos Perez replied five.

Councilman Jimmie Williams asked for a copy of contract and asked if NSP money was utilized.

Director of Finance Carlos Perez responded 15 houses were purchased using NSP funds in which five went to Galata.

Councilman Jimmie Williams questioned if the properties were not maintained by Galata was the City to get them back.
Director of Finance Carlos Perez replied he would review the contract

Councilwoman Patricia Fairclough McCormick stated the purpose of the Neighborhood Stabilization Program was to stabilize communities and remove blight however it appeared blight was being brought into the community instead.

The Item: Finance/Enterprise COMMITTEE COUNCILMAN WILLIAMS
a MOTION TO PLACE CAR 184 ON COUNCIL AGENDA APPROVAL OF NSP PROGRAM SUB RECIPIENT AGREEMENT BETWEEN CITY OF HOMESTEAD AND GALATA, INC.
A Motion was made to place CAR 184 on July 26 2011 Council Meeting Consent Agenda Approval of NSP Program Sub Recipient Agreement between the City of Homestead and Galata Inc by Councilman Williams and seconded by Councilman Maldonado.
City Manager Gretsas stated staff recommended the Mayor and Council authorize the City Manager to execute the NSP Program Sub recipient agreement between the City of Homestead and Galata Inc.

Mayor Bateman asked all in favor Vote Ayes all Motion carried


The Councilwoman asked if Galata paid anything for the properties
Director of Finance Carlos Perez responded he would find out.

Councilwoman Patricia Fairclough McCormick said if the agency received the properties for free then they should not be profiting from them.

Mr. Milner asked for a member of Council or staff to meet with him in an effort to better understand the problem City Manager George Gretsas agreed to meet with Mr. Milner the following day.

Councilman Stephen Shelley expressed he represented that district and his door was always opened for comments or concerns.

James Melly located in Homestead at 112 NE 17 Street echoed the sentiments of prior speaker Tommy Milner. Mr. Melly stated he was concerned with the arrangement with Galata because it appeared NSP funds were spent the property was renovated and the house sat with no sales sign and was never openly marketed. He said at some point it was transferred to Galata with a zero dollar tax exempt sale. He stated Galata was a non profit organization who was making a profit from a rental. Mr. Melly said he would like to review the contract because the property was not being maintained.

Mayor Steven Bateman stated the City of Homestead council was responsible with the exception of Councilwoman Patricia Fairclough McCormick and the ordeal took place in 2009-2010. The Mayor indicated he  was not aware that five properties were given to one organization for zero dollars but stated the City would resolve the situation.

Calvin Ephol located in Homestead at 131 NE 17 Avenue echoed the statements of former speakers Mr. Milner and Mr. Melly. Mr. Ephol commented he chose his current neighborhood based off quality and his ability to later retire there both of which were now questionable. He asked if the City rezoned the area for rental properties and asked if the tax base would be affected.
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Posted in 2009 Election, Bad Deals, Boondoggle, City Council, Councilman Jimmie Williams, Councilman Shelley, Housing, Incompetence, Mayor Bateman, Patricia Fairclough-McCormick | No comments

Thursday, 12 July 2012

NASDAQ/RealtyTrac Reports Foreclosures Edged Up First Half of 2012

Posted on 17:24 by Unknown

Former "Ground Zero" Homestead Housing Bubble Stabilized?

Florida, thankfully not mentioned in report.

The half-yearly foreclosure market report, released by RealtyTrac, revealed an increase in the overall foreclosure activity. As per this leading online marketplace of foreclosure properties, foreclosure filings for the first half of 2012 increased 2% from the prior six months, but dipped 11% from the prior-year period. This brought the total number of properties receiving default, auction or repossession notices to 1,045,801.

Though overall foreclosure activity was low (primarily due to decline in bank repossessions) in the second quarter, foreclosure starts - default notices issued and foreclosure auctions (depending on the state's foreclosure procedure) - surged 9% from the prior quarter and 6% from the prior-year quarter to 311,010 properties. This was the first quarterly rise in foreclosure starts since the fourth quarter of 2009.

Moreover, during the second quarter, foreclosure starts increased in 31 states on an annual basis, including 17 states with judicial foreclosure process and the remaining with non-judicial foreclosure process. Further, the states with the highest foreclosure rates were Nevada, Arizona, Georgia, California, Illinois, Michigan, Colorado, Ohio and Utah.

Additionally, the procedure to complete the foreclosure of properties in the second quarter took an average of 378 days, up from 370 days in the previous quarter. Further, bank-owned properties took an average of 195 days to sell from the time they were foreclosed, up from 178 days in the first quarter.

The increase in foreclosure activity indicates that mortgageservicers have resumed distressed property dealings with renewed vigor. The primary reason behind this resumption is the $25 billion settlement deal that took place between five mortgage servicers - JPMorgan Chase & Co. ( JPM ), Bank of America Corporation ( BAC ), Citigroup Inc. ( C ), Ally Financial Inc. and Wells Fargo & Company ( WFC ), 49 states' attorneys general and the regulators earlier this year.

However, with mortgage servicers finding other options - short sale and loan modifications - to prevent foreclosure, we believe that foreclosure activity would take time to show a significant upward trend. When all these alternatives would wear out, only then a property would be foreclosed.

As per the RealtyTrac report, there will be a gradual rise in foreclosure activity for the rest of the year. Also, there will be additional pressure on the home prices as many properties would come to the market due to the surge in foreclosure activities.

Moreover, a sharp rise in foreclosure starts indicate that there would be potential rise in short sale, where the homeowner sells the property at a lower amount than owned on his/her loan. Also, others could be repossessed by the banks and placed on the market at a significant discount. Thus, many properties are likely to end up in adding to the foreclosure inventory, which is expected to jeopardize the recovery of overall housing property market in the near future.

Though the leap in foreclosure may dampen the housing prices in the near-term, this will enable the housing market to revive in the longer term. Moreover, we hope that there would be enough number of buyers for these properties; otherwise the housing market will have little chance to regain a solid foothold.

Read more: http://community.nasdaq.com/News/2012-07/foreclosure-rises-marginally-in-1h-analyst-blog.aspx?storyid=155364#ixzz20SOytXqg
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Posted in City of Homestead, Florida City, Housing, Housing Bust, Sprawl | No comments

Sunday, 1 July 2012

Oasis Home Used As Brothel In Foster Care Prostitution Ring

Posted on 06:23 by Unknown








Video From NBC 6 WTVJ :http://www.nbcmiami.com/news/Four-Charged-in-Foster-Care-Prostitution-Ring-160364605.html

By CURT ANDERSON
The Associated Press
Published: Tuesday, June 26, 2012 at 8:12 a.m.

Esther Jacobo, left, managing director in Miami for the Department of Children and Families, speaks Tuesday in Miami during the announcement of the arrest of four men accused of operating an underage prostitution ring that lured vulnerable teenage foster girls into the sex trade. At right is Miami-Dade State Attorney Katherine Fernandez Rundle. (Wilfredo Lee | The Associated Press)


MIAMI | Four men are accused of operating an underage prostitution ring that lured vulnerable foster girls into the sex trade with cellphones, gifts of clothing and attention they did not get elsewhere, authorities said Tuesday.
The girls were paid $100 for each time they had sex with a man and were allowed to keep up to $40 of that amount, according to an investigator's affidavit. Many were recruited by one of the girls, identified by her initials S.S., who had been targeted by suspected ringleader Eric George "E-Nasty" Earle, said Miami-Dade State Attorney Katherine Fernandez Rundle.
Rundle said most of the girls were between 15 and 17 years old and were in foster care because of previous physical or sexual abuse and neglect.
"They targeted our most vulnerable children," Rundle told reporters. "They are predators."
Charged in the case are Earle, 29; Willie Calvin "Tank" Bivens, 65; Anturrell Nathaniel Dean, 30; and 34-year-old David Zarifi. Each faces multiple counts of conspiracy racketeering and child sex charges and could face lengthy prison sentences if convicted.
Court records did not list lawyers Tuesday for Earle, Bivens and Dean. A lawyer representing Zarifi did not immediately respond to an email seeking comment.
Law enforcement and child welfare officials around the country long have struggled with similar cases.
Pimps prey on runaways and foster children, who are often victims of sexual abuse. They typically pose as boyfriends, showering girls with attention and gifts, then slowly lure them into turning tricks, experts say. The girls are often fiercely loyal to the pimps and refuse to acknowledge they are victims or to cooperate with police, making them difficult cases to prosecute.
Rundle called it an example of "trauma bonding."
"The girls don't really want to talk about it. They don't want to tattle-tale," she said.
In this case, the biggest enticement was a cellphone that allowed the teenage victims the all-important ability to text — but it also provided an easy way for the gang to set up meetings for sex with "johns," officials said.
The investigation began in December when a 17-year-old foster child identified only as M.D. told an employee at a foster care group home she had been having sex with a man. That led to a call to police. A search of her cellphone turned up graphic sexual images and pictures of her with Zarifi, according to the affidavit.
The girl also told investigators she had been recruited at a group home by another teenager, identified in documents as S.S., who said she could earn money by having sex.  

Authorities said the ring picked M.D. up at school or at the group home and often took her to Bivens' house in Homestead to have sex with men.


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Posted in Homestead Growth, Housing, Housing Bust, Oasis | No comments
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