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ACCE Holds Banks Accountable for Blight

27 May 2010

On Thursday, May 27, members of ACCE gathered in the Northeast San Fernando Valley neighborhood of Pacoima to call for an end to blighted foreclosed properties and promote the enforcement of the city's Foreclosure Registry Ordinance, authored by LA Council President Eric Garcetti.

Together with city workers who are members of SEIU Local 721 and LA Councilmember Richard Alarcon, ACCE leaders - residents of Pacoima and across the city - announced the new policy that will make banks liable for up to $1000 / day in fines for unmaintained foreclosed properties. Also joining the event were members of community organizing group One LA from Mary Immaculate Parish and environmental organization Pacoima Beautiful.

Gathered at a blighted bank-owned house with overgrown weeds, broken windows, and graffiti throughout, community members pledged to get the word out quickly about the new policy. And they called on banks to take responsibility for the damage caused to neighborhoods across LA by the foreclosure crisis.

"The banks have to take responsibility," said ACCE member and long-time Pacoima resident Martin Mariscal. "These properties pose a health and safety hazard to our community - and the banks have the money to maintain them. They also should be doing more to help families stay in their homes before foreclosing."

Read news coverage of Thursday's event at: