If you have read the news at all in the past few years, you have undoubtedly seen articles about America’s foreclosure crisis and its impact on communities.  Cleveland, Ohio has been recognized as one of the hardest-hit cities in the country.  Recently, the Federal Reserve Bank of Cleveland issued a report (pdf) detailing just how bad the crisis is, and what caused it to occur. Among other factors, the causes include an oversupply of housing due to Cleveland’s declining population, the subprime mortgage meltdown, and rampant fraud.  On the bright side, though, the report finds that the City of Cleveland and Cuyahoga County are working aggressively to combat the effects of the crisis.  Various government and community groups are finding new and innovative ways to stem the tide of foreclosure and protect the area’s housing stock from further decline.