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City Seizes Decaying Bank-Owned House, Gets It Fixed Up

City Seizes Decaying Bank-Owned House, Gets It Fixed Up

The city of Haverhill, Massachusetts has had it with abandoned, vacant buildings, especially those that are now bank-owned due to foreclosure. One three-unit apartment building had vagrants occupying the space, using the floors as a bathroom and turning the building into a biohazard. Having such a “disgusting” building on a main road made no one in the city happy, and the city found a private company to act as a receiver and renovate the building. [More]