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This email is being sent as a notification of correction. In the article, Vacancy Bill Gets Boost from Los Angeles, Mayor Antonio Villaraigosa sent the letter of support to the original sponsor of the Community Regeneration, Sustainability and Innovation Act of 2009 (HR 932), Congressman Tim Ryan (D-OH). The corrected story is below. We sincerely apologize for this error.
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Vacancy Bill Gets a Boost from Los Angeles
Mayor Villaraigosa sends letter to Rep. Ryan (D-OH) after City passes resolution supporting the Community Regeneration, Sustainability, and Innovation Act of 2009
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Following a resolution passed by the Los Angeles City Council, Mayor Antonio R. Villaraigosa wrote a letter to Congressman Tim Ryan (D-OH) expressing the city's support for the Community Regeneration, Sustainability and Innovation Act of 2009, HR 932/S 453. The letter, copied to the entire Los Angeles congressional delegation, explained that "recent economic conditions have caused a flood of foreclosures across Los Angeles." The city acknowledges that the surge in mortgage defaults "lead to abandonments in vulnerable neighborhoods, a dangerous first step toward increased in crime and total community desertion." Click here to view the Mayor's letter and the city council's resolution supporting HR 923/S453.
Many communities throughout the Northeast and Midwest-especially those with a history of manufacturing and industry-have long suffered from the crippling effects of abandonment. HR 932 offers three levels grant-based assistance aimed at providing short-term economic stimulus and longer-term strategic regeneration planning to communities with severe population decline.
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