Thursday, August 15, 2013
Gary, Indiana: The Mayor's Dollar Home Program
A Chance to Own a Home for $1 in a City on the Ropes. (The New York Times, 8/14/2013)
Excerpt: Officials say that a third of the houses in Gary are unoccupied, hollowed dwellings spread across a city that, like other former industrial powerhouses, has lost more than half its population in the last half-century.
While some of those homes will be demolished, Gary is exploring a more affordable way to lift its haggard tax base and reduce the excess of empty structures: sell them for $1.
Gary Works (United States Steel Corporation)