Legislation introduced by state Rep. Michele Lepore-Hagan would target predatory land contracts that often leave would-be home buyers without the rights and protections of holders of traditional mortgages or leases.
It took the combined efforts of the Youngstown Neighborhood Development Corp. and the city to wrest control of an abandoned home along Glenwood Avenue away from a negligent previous owner.
The Mahoning Valley Young Professionals, in partnership with the Community Foundation of the Mahoning Valley, have announced the 2017-2018 honorees for the 25 Under 35 Awards.
Land contracts – also known as rent-to-own or lease-to-own agreements – have plagued local officials in the fight against blight and caused headaches for tenants who often struggle to stay afloat, local officials have said.
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