Post’s “Wonkblog” Analyzes Foreclosure Seizure Policy

The Washington Post‘s “Wonkblog” site (a policy-focused blog providing insight and analysis on a wide range of topics) today ran a discussion of the controversial process first used in Richmond, CA, where the local government has seized properties to fend off foreclosures.

From the Wonkblog write-up:

The arguments will now proceed to the two parts of eminent domain law: demonstrating public purpose for the takings and offering fair-value. Since this is the furthest an eminent domain case has made it, it might be useful to step back and walk through the arguments. If the case succeeds, it is likely other cities, which have been hesitant, will consider going forward.

 


Read the full article on the Post website.


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Michael Sanderson

Executive Director Maryland Association of Counties