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City of Cleveland to help lease-purchase tenants who were defrauded by their landlord

It’s a happy ending to a sad, sordid chapter in the city’s history: Cleveland City Council last week voted to use $750,000-800,000 from its Neighborhood Transformation Initiative to help low-income tenants in the city’s Buckeye neighborhood stay in their homes. About 40 lease-purchase renters were defrauded by their former landlord, the Buckeye Shaker Square Development Corporation (BSSDC). The city will provide them with low-dollar mortgages and forgivable down payment assistance so they can become homeowners.

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