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Foreclosure crisis scars communities

Nov 6 2011  President Barack Obama has received criticism for his response to the housing crisis, but one aspect of his jobs plan would create a $15 billion fund to rehabilitate vacant homes and businesses in blighted communities hard hit by foreclosure. The FT’s Lagan Sebert examines the situation in Irvington, New Jersey where Don Baldyga runs a nonprofit trying to rehabilitate the neighborhood.  (4m 44sec)
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