Youngstown passes legislation to protect against predatory land - WFMJ.com News weather sports for Youngstown-Warren Ohio

Youngstown passes legislation to protect against predatory land contracts

Posted: Updated:
YOUNGSTOWN, Ohio -

Youngstown City Council passed legislation that addresses predatory land contracts from out of town property owners Wednesday evening. 

Before Wednesday's council meeting, a large group of people gathered to protest predatory lending lead by the activist group ACTION. 

This legislation was passed as an emergency measure and is designed to stop the exploitation and manipulation of families through land installment contracts.

Members of Youngstown City Council are excited about the prospect of this legislation protecting residents. 

"Predatory lending definitely puts vulnerable resident at risk, so I feel with this legislation that it's putting us in the right direction to help protect them. This definitely offers some sort of foundation for them to be protected from these predatory lenders," said Seventh Ward Councilwoman Basia Adamczak. 

Lawmakers have said that the Mahoning Valley has been particularly vulnerable to predatory land contract practices by out of state companies.

The Youngstown Neighborhood Development Corporation says that in recent years, Youngstown has experienced an increase in out of town and out of state property owners buying property. 

YNDC says that many of the owners do not maintain or invest in the property and use predatory land contracts to "take advantage of our fellow residents and blight our neighborhoods." 

  • Hot ClicksHot ClicksMore>>

  • Can fines rein in Big Tech? Privacy regulators spur a debate

    Can fines rein in Big Tech? Privacy regulators spur a debate

    Friday, May 10 2019 3:12 AM EDT2019-05-10 07:12:49 GMT
    (AP Photo/Alex Brandon, File). FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the compa...(AP Photo/Alex Brandon, File). FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the compa...
    (AP Photo/Alex Brandon, File). FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the compa...(AP Photo/Alex Brandon, File). FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the compa...
    Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy.More >>
    Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy.More >>
  • Google's privacy push gets a mixed reception

    Google's privacy push gets a mixed reception

    Thursday, May 9 2019 9:53 PM EDT2019-05-10 01:53:12 GMT
    (AP Photo/Jeff Chiu). Google's Alexander Hunter gives a demonstration of the Nest Hub Max at the Google I/O conference in Mountain View, Calif., Tuesday, May 7, 2019.(AP Photo/Jeff Chiu). Google's Alexander Hunter gives a demonstration of the Nest Hub Max at the Google I/O conference in Mountain View, Calif., Tuesday, May 7, 2019.
    (AP Photo/Jeff Chiu). Google's Alexander Hunter gives a demonstration of the Nest Hub Max at the Google I/O conference in Mountain View, Calif., Tuesday, May 7, 2019.(AP Photo/Jeff Chiu). Google's Alexander Hunter gives a demonstration of the Nest Hub Max at the Google I/O conference in Mountain View, Calif., Tuesday, May 7, 2019.
    Google CEO Sundar Pichai kicked off the company's annual developer conference Tuesday with new privacy tools and updates to Google's artificially intelligent voice assistant.More >>
    Google CEO Sundar Pichai kicked off the company's annual developer conference Tuesday with new privacy tools and updates to Google's artificially intelligent voice assistant.More >>
  • Auschwitz Museum protests death camp images on skirts, bags

    Auschwitz Museum protests death camp images on skirts, bags

    Thursday, May 9 2019 2:21 AM EDT2019-05-09 06:21:01 GMT
    Museum authorities at the Auschwitz-Birkenau former Nazi German death camp in Poland have protested to an online vendor that was selling miniskirts, pillows and other items bearing photos of the camp.More >>
    Museum authorities at the Auschwitz-Birkenau former Nazi German death camp in Poland have protested to an online vendor that was selling miniskirts, pillows and other items bearing photos of the camp.More >>
Powered by Frankly
All content © Copyright 2000 - 2019 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms