Tuesday: 2:00 p.m. - 3:15 p.m.

Presenters:
Nelson Black, Florida Community Loan Fund
Karen Ledet, NCST Housing Services
Moderator: Chuck Elsesser, Florida Legal Services

When the housing bubble burst, many owners of small scale rentals were left with properties that are severely underwater and have negative cash flow. When these owners are foreclosed upon or simply walk away, repairs are not done, common areas deteriorate, water bills are unpaid and tenants are left in the lurch. This panel discussion will describe an innovative approach to organizing and educating the tenants, as well as provide information on how nonprofit organizations can locate and finance these units, and bring them back into the inventory of safe, decent and affordable housing.