County program focuses on reselling foreclosed homes

SARASOTA - Studies show that more American families are one paycheck away from facing foreclosure or going homeless. And on the Suncoast, neighborhoods rich, poor, new and old are all being impacted negatively by the large number of foreclosed homes.

But Sarasota County is taking part in a new federal program to get people back in homes and stabilize neighborhoods plagued by foreclosure.

The Suncoast Partnership to End Homelessness says that one of the main reasons for homelessness is lack of affordable housing. Sarasota County's Neighborhood Stabilization Program is trying to change that.