Foreclosure Initiative

The number of foreclosures has been steadily rising in the City of Brooklyn Park since 2006, with 2008 bringing 983 new foreclosures according to records from the Sheriff’s Office in Hennepin County. The City is also aware of 850 vacant homes. While foreclosed and vacant homes are somewhat concentrated across the central part of the city, foreclosures are spread throughout the entire community including within the city’s newest housing stock.

In response to the foreclosure crisis, in early 2008 the City of Brooklyn Park developed a foreclosure initiative in partnership with other groups and stakeholders. The initiative includes three strategies:

1) Foreclosure Prevention,
2) Preservation and Maintenance of Foreclosed Homes,
3) Foreclosure Recovery.