Film Exposes Foreclosure Devastation, Housing System Flaws,
Losses in Low-Income Hispanic Neighborhood of Phoenix “Home” the documentary shows the tragic consequences of arm’s-length bank policies,
investor-dominated foreclosure sales and rising neighborhood crime in suburb of Maryvale
The new documentary Home exposes the decline and devastation of the foreclosure crisis in the west Phoenix neighborhood of Maryvale. Filmmaker Gail Buck, founder of the nonprofit Project Maryvale, a community activist and one of the state’s leading real estate brokers, tells the story of the suburb’s decline from an industry insider’s perspective as she shows how failed bank policies, favoritism toward cash investors and current housing remedies have, in fact, contributed to the community’s decay. The 50-minute film characterizes the nation’s foreclosure crisis and traces the displacement of low-income families, the high school dropout rate among teens in the area and the transformation of a once homeowner-dominant neighborhood into a crime ravaged renter community.
“Despite the signs pointing to recovery in the broader real estate market, the story of Maryvale is playing out in many of the communities hardest hit by the housing crisis, where neighborhoods continue to suffer from the distress and displacement wrought by foreclosures,” says Craig Nickerson, President of the National Community Stabilization Trust. “This film is an important reminder that there is still a tremendous amount of work ahead to ensure places like Maryvale, and the families that call these neighborhoods home, don’t get left behind.”
One prominent Latino housing expert said it best: “Five years into the foreclosure crisis, we now understand how some of the remedies designed to help communities are actually making matters worse,” said Gary Acosta, co-founder and CEO of the National Association of Hispanic Real Estate Professionals (NAHREP). “This groundbreaking film courageously addresses these issues while conveying the real human devastation the crises has left in its wake.”
"HOME" Documentary Trailer
Co-Produced by Gail Buck and CAZ Productions.
A compelling look at the communities and lives impacted by the onslaught of vacant homes and deteriorating neighborhoods following the housing market crash. Follow the struggles of the families caught in a cycle of crime and financial distress as they fight for a better future for their children and a change in policies that would give them a chance to simply have a "HOME."
Content copyright . Project Maryvale. All rights reserved.