This report presents a strategy for reducing the negative impacts of housing foreclosure, vacancy, and disrepair in Greensburg, Kentucky. Greensburg is a small city that is somewhatremoved from Kentucky’s main urban centers and transportation routes. Its location hasnot, however, insulated it from the national foreclosure crisis. Although the city’s absolute numbers of foreclosures are small, they have been rising over the past several years tothe point where they represent a significant problem in percentage terms. Combined with a weak economy, the high foreclosure rate aggravates problems of housing vacancy and disrepair.
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