In today’s rundown: The foreclosure rate in Maryland is on the way down. | The need to prepare local workers for better jobs. | How to participate in the District’s new bank account program.
— Although Maryland has been experiencing a second wave of foreclosures the situation appears to be improving, according to the state Department of Housing and Community Development. Both Prince George’s and Montgomery Counties saw about a 25 percent decrease in the number of foreclosures between the end of 2009 and the first quarter of 2010. Click here for details.
— Kwame Brown, a Democratic at-large member of the D.C. Council, writes in the Washington Post about the need to better prepare local residents for future job opportunities in the region. Brown says all workers must be provided “with an opportunity to achieve self-sufficiency.” Click here to read more.
— The District has kicked off its Bank on DC program, which encourages residents to open bank or credit union accounts instead of using check cashing services. The goal of the program is to open 10,000 new accounts by the end of the year. Click here for more on how the program works and who can participate.
