Up to 400 Jackson Homes Could be Demolished if City Receives $10.8 Million Grant From State

On November 18, mlive.com released an article discussing the possibility of Jackson, Michigan receiving a portion of grant funds from the Michigan State Housing Development Authority targeted at eliminating blight.

Up to 400 Jackson homes could be demolished if city receives $10.8 million grant from state

JACKSON, MI – Up to 400 Jackson homes could be razed if city officials receive a $10.8 million grant from the state aimed at eliminated blight in Michigan communities.

City Manager Patrick Burtch said 12 communities applied for an available $75 million from the Michigan State Housing Development Authority earlier this month, including Detroit, Lansing and Adrian, among others.

Burtch said he’s confident Jackson will receive some of the money requested.

“The last time around we weren’t granted anything, and we were invited to apply this time around,” he said.  “Our program is really a model for the state and we’re the third largest community to apply for funding.”

City officials began aggressively demolishing homes under the Neighborhood Stabilization Program in 2011, claiming the program was a silver bullet which would eliminate blight, increase property values and decrease crime in Jackson.  To date, nearly 300 properties have been razed as part of the initiative.

“We still have 800-1,000 vacant homes in Jackson,” Burtch said.

The city will not have to contribute any sort of match to receive the funding, and MSHDA officials will announce grant recipients Tuesday, Nov. 24.

The U.S. Treasury signed off on a proposal in June 2013 – the first of its kind in the nation – that allowed the MSHDA to create a blight elimination program using federal money originally set aside for mortgage relief.

Last summer, Gov. Rick Snyder announced Detroit will get $52.3 million for the program, Flint will receive $20.1 million, Saginaw $11.2 million, Pontiac $3.7 million and Grand Rapids $2.5 million.

City officials would be allowed to not only demolish homes using the grant funds, but purchase them prior to demolition as well, Burtch said.

Jackson City Council voted 5-2 Tuesday, Nov. 18, to grant Burtch the authority to oversee the program without regular council approval.  “If the grant money is received, the city must move quickly to meet very fast-paced program requirements,” City Attorney Bethany Smith said in a memo requesting council members sign off on the plan.

Councilwomen Arlene Robinson, 1st Ward, and Kimberly Jaquish, 2nd Ward, voted against the request.

“I would rather see us be building this city up rather than tearing it down,” Jaquish said.

Please click here to view the article online.

About Safeguard 
Safeguard Properties is the largest mortgage field services company in the U.S. Founded in 1990 by Robert Klein and based in Valley View, Ohio, the company inspects and maintains defaulted and foreclosed properties for mortgage servicers, lenders, and other financial institutions. Safeguard employs approximately 1,700 people, in addition to a network of thousands of contractors nationally.
Website: www.safeguardproperties.com.

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CEO

Alan Jaffa

Alan Jaffa is the Chief Executive Officer for Safeguard Properties, steering the company as the mortgage field services industry leader. He also serves on the board of advisors for SCG Partners, a middle-market private equity fund focused on diversifying and expanding Safeguard Properties’ business model into complimentary markets.

Alan joined Safeguard in 1995, learning the business from the ground up. He was promoted to Chief Operating Officer in 2002, and was named CEO in May 2010. His hands-on experience has given him unique insights as a leader to innovate, improve and strengthen Safeguard’s processes to assure that the company adheres to the highest standards of quality and customer service.

Under Alan’s leadership, Safeguard has grown significantly with strategies that have included new and expanded services, technology investments that deliver higher quality and greater efficiency to clients, and strategic acquisitions. He takes a team approach to process improvement, involving staff at all levels of the organization to address issues, brainstorm solutions, and identify new and better ways to serve clients.

In 2008, Alan was recognized by Crain’s Cleveland Business in its annual “40-Under-40” profile of young leaders. He also was named a NEO Ernst & Young Entrepreneur Of The Year® Award finalist in 2013.

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Esq., General Counsel and EVP

Linda Erkkila

Linda Erkkila is the General Counsel and Executive Vice President for Safeguard Properties, with oversight of legal, human resources, training, and compliance. Linda’s broad scope of oversight covers regulatory issues that impact Safeguard’s operations, risk mitigation, strategic planning, human resources and training initiatives, compliance, insurance, litigation and claims management, and counsel related to mergers, acquisition and joint ventures.

Linda assures that Safeguard’s strategic initiatives align with its resources, leverage opportunities across the company, and contemplate compliance mandates. She has practiced law for 25 years and her experience, both as outside and in-house counsel, covers a wide range of corporate matters, including regulatory disclosure, corporate governance compliance, risk assessment, compensation and benefits, litigation management, and mergers and acquisitions.

Linda earned her JD at Cleveland-Marshall College of Law. She holds a degree in economics from Miami University and an MBA. Linda was previously named as both a “Woman of Influence” by HousingWire and as a “Leading Lady” by MReport.

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COO

Michael Greenbaum

Michael Greenbaum is the Chief Operating Officer of Safeguard Properties, where he has played a pivotal role since joining the company in July 2010. Initially brought on as Vice President of REO, Mike’s exceptional leadership and strategic vision quickly propelled him to Vice President of Operations in 2013, and ultimately to COO in 2015. Over his 14-year tenure at Safeguard, Mike has been instrumental in driving change and fostering innovation within the Property Preservation sector, consistently delivering excellence and becoming a trusted partner to clients and investors.

A distinguished graduate of the United States Military Academy at West Point, Mike earned a degree in Quantitative Economics. Following his graduation, he served in the U.S. Army’s Ordnance Branch, where he specialized in supply chain management. Before his tenure at Safeguard, Mike honed his expertise by managing global supply chains for 13 years, leveraging his military and civilian experience to lead with precision and efficacy.

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CFO

Joe Iafigliola

Joe Iafigliola is the Chief Financial Officer for Safeguard Properties. Joe is responsible for the Control, Quality Assurance, Business Development, Marketing, Accounting, and Information Security departments. At the core of his responsibilities is the drive to ensure that Safeguard’s focus remains rooted in Customer Service = Resolution. Through his executive leadership role, he actively supports SGPNOW.com, an on-demand service geared towards real estate and property management professionals as well as individual home owners in need of inspection and property preservation services. Joe is also an integral force behind Compliance Connections, a branch of Safeguard Properties that allows code enforcement professionals to report violations at properties that can then be addressed by the Safeguard vendor network. Compliance Connections also researches and shares vacant property ordinance information with Safeguard clients.

Joe has an MBA from The Weatherhead School of Management at Case Western Reserve University, is a Certified Management Accountant (CMA), and holds a bachelor’s degree from The Ohio State University’s Honors Accounting program.

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Business Development

Carrie Tackett

Business Development Safeguard Properties