Help for the Homeowners?

Season 5 Episode 6 | 25m 32s

American cities are in crisis -- property taxes are way down, and abandoned homes are bringing down property values, inviting crime, and draining government coffers. Neighborhoods are being destroyed. Yet the federal bailout money is not going directly to desperate communities and homeowners, but to local and national banks. NOW investigates the innovative way some cities are fighting back.

Aired: 02/06/09

Rating: NR

Problems Playing Video? | Closed Captioning