Saturday, August 23, 2008

Children caught in the housing foreclosure crunch

Foreclosures and the schools via creative loafing:
You can add another casualty to the mess created by subprime mortgage lending. Charlotte-Mecklenburg Schools are projecting the system could see more than 3,000 homeless children when schools open this month -- a 17 percent increase since June.

Laurie Schwartz, development director with A Child's Place, a nonprofit that works closely with CMS, said officials counted 2,493 homeless children enrolled in the school system two months ago. That's a 13 percent increase from June 2007, and a 35 percent increase from the June prior.

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