Insight News ::: 12.7.09

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BLIND BOYS OF ALABAMA Orchestra Hall, Wednesday, December 16, at 7:30 p.m. Tickets: $22 to $45, (612) 371-5656 or visit minnesotaorchestra.org

December 7 - December 13, 2009 • MN Metro Vol. 35 No. 49 • The Journal For Community News, Business & The Arts • www.insightnews.com

Foreclosure solutions By Stacey Taylor Contributing Writer In an effort to quell the rate of home foreclosures in the Twin Cities, St. Paul Mayor Chris Coleman hosted a press conference with Minneapolis City Council President Barbara Johnson (Ward 4) and Wells Fargo Minnesota CEO Jon Campbell to present the Homeownership Preservation and Neighborhood Stabilization Project. The project, which will begin in 2010, will offer Twin Cities homeowners and potential homeowners new resources along with efforts of three existing programs including Invest Saint Paul, the Minneapolis Foreclosure Recovery Plan and Wells Fargo’s national Leading the Way Home. Wells Fargo has agreed to co-

host a series of personal foreclosure prevention sessions including loan modification meetings, financial literacy and homebuyers workshops and affordable home tours for the twin cities. Coleman said St. Paul has done everything in its power to use all tools to combat the effects of the mortgage crisis. This will now include partnering with industry mortgage lenders Wells Fargo to keep families in their homes he said. “By working with the city to help residents avoid foreclosure and host homeowner workshops for employees of Saint Paul companies, Wells Fargo is making a commitment to help us bring stability to our neighborhoods,” Coleman added. Some neighborhoods that fall under the Invest Saint Paul heading include portions of

Preparing for an interview is tricky

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St. Paul Mayor Chris Coleman

Barbara Johnson (Ward 4)

Jon Campbell, CEO, Wells Fargo Bank Minnesota

Dayton’s Bluff, Payne-Phalen, the North End and Thomas Dale (Frogtown). In 2009 Minneapolis’ 4th and 5th wards were the hardest hit by

foreclosures. “Minneapolis continues to provide foreclosure prevention assistance and to pursue aggressive property purchase and rehabilitation

strategies to strengthen homeownership and restore healthy housing markets in our

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Advocates challenge White House response to Black unemployment

Mississippi governor’s plan to merge three HBCUs come under fire

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By Hazel Trice Edney NNPA Editor-in-Chief

President Barack Obama

Mortgage modifications expand relief, stabilize housing markets WASHINGTON – The U.S. Department of the Treasury and Department of Housing and Urban Development (HUD) last week kicked off a nationwide campaign to help borrowers who are currently in the trial phase of their modified mortgages under the Obama Administration’s Home Affordable Modification

Program (HAMP) convert to permanent modifications. The modification program, which has helped over 650,000 borrowers, is part of the Administration’s broader commitment to stabilize housing markets and to provide relief to struggling homeowners

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WASHINGTON (NNPA) – African American joblessness – nearly twice the national rate - is quickly becoming the first showdown between Black leaders and the nation’s first Black president as national Black and civil rights leaders raise their voices telling the Obama Administration it’s time to end the jobs crisis in the Black community. “We’re sending a strong message to the president and Congress that we need to step up. We need immediate jobs – not some time six, eight and 10 months down the road,” National Urban League President Marc Morial said in an interview with the NNPA News Service. “African American leaders are not just saying do something. We’re offering solutions.” Morial has sent a letter to the Obama Administration and Congressional Leaders outlining specific recommendations for job creation in the wake of national unemployment numbers that grew into double digits – 10. 2 percent -

Marc Morial, NUL

Ben Jealous, NAACP

in October. In his letter, dated November 24, Morial reminds the Administration that the Black community has suffered double digit jobless rates for well more than a year. “While I applaud the Administration for publicly acknowledging the gravity of our nation’s employment situation, I would add that double-digit unemployment has been a reality for communities of color since last

summer – for African Americans since August, 2008, and for Latinos since February, 2009,” he writes. “As President and CEO of the National Urban League, the nation’s oldest and largest community-based movement devoted to empowering African Americans to enter the economic and social mainstream, I have firsthand knowledge of the

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“Brother West” Interview

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The gift of

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giving this season

A President’s HOPE

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My child shall not be left behind By Brenda Colston Contributing Writer Dedicated to President Obama First lady Michelle Obama Sasha & Malia Obama

gas? Will you free all the prisoners? Can you do it with class? Save GM & Chrysler? Endangered species at the zoo? Lower unemployment rates? Save social security too?

My child shall not be left behind As I embark on this great task, There are many questions that will be asked. When will you stop the war? How will you feed the poor? Can you help me save my home? Why is it so hard to get a loan? Will you bail out all the banks? Can you bring down the price of

Find and fund a cure for AIDS, Help our children keep up their grades, Lower the cost of quality healthcare, And please Mr. President – Make all the laws fair! This is only the beginning Of all the battles you will be

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Tiger woods The First Lady and daughters Malia (left) and Sasha are presented with the Official White House Christmas Tree, which this year comes from Shepherdstown, West Virginia. The 18 ½ ft Douglas-fir arrives on the traditional horse drawn carriage to the North Portico. The tree will be on display in the Blue Room throughout the holiday season.

We should wish the best

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