30 March, 2013

Hopeless after Foreclosure

The Weeklies:
The Ramada families became homeless because they could no longer pay rents and mortgages and found little help to slow their fall. In 2011, Colorado ranked eighth in foreclosures nationwide. When families in Jefferson County, which encompasses Denver’s western suburbs, lost their home in the recession, they flooded a market that had the lowest number of rental vacancies in ten years. The Section 8 program in the area dispenses vouchers through a random lottery that typically has about 2,500 applicants; in any given year, only 30 to 40 spots become available. The school system, which keeps the best records of homelessness in the county, says the number of homeless students rose from 59 in 2001 to 2,812 in the current school year. Unable to find another home and unable to find space in the county’s shelters, which hold fewer than 100 beds, the new poor disappeared into the suburban landscape wherever they could find a roof. With nowhere else to go, they turned the Ramada Inn into an impromptu SRO.