
Mayor David Cicciline of Providence, R.I., is using a unusual strategy to address one of the side-effects of the current lending crisis. He's offering no-interest loans to families who will buy a foreclosed house, fix it up and move in. Cicciline is also threatening to sue banks that continue to hang onto vacant, foreclosed properties.
ncG1vNJzZmivp6x7r7zRZ6arn1%2Bpsq68y5qrnqtfqMGwvthoqq2noq57sbTPeKqtp6KulqWJkHJpbGtmboA%3D