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Metropolitan Institute

"How to Spend $3.92 Billion: Stabilizing Neighborhoods by Addressing Foreclosed and Aba... - 1 views

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    Mallach, Alan (2008). "How to Spend $3.92 Billion: Stabilizing Neighborhoods by Addressing Foreclosed and Abandoned Properties. Philadelphia: Federal Reserve Bank." Available at http://www.philadelphiafed.org/community-development/publications/discussion-papers/DiscussionPapers_Mallach_10_08_final.pdf Overview: "The Housing and Economic Recovery Act of 2008 created the neighborhood Stabilization Program (NSP), under which states, cities, and counties will receive a total of $3.92 billion to acquire, rehabilitate, demolish, and redevelop foreclosed and abandoned residential properties. These funds can stabilize hard-hit neighborhoods, putting them on the path to market recovery. This will only happen, however, if they are used in ways that are strategically targeted and sensitive to market conditions. This paper outlines 11 key principles that states, counties, and cities should follow as they plan for and use NSP funds."
Metropolitan Institute

"Implementing the Neighborhood Stabilization Program (NSP): Community Stabilization in ... - 0 views

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    NeighborWorks America. "Implementing the Neighborhood Stabilization Program (NSP): Community Stabilization in the Neighborworks Network." 1-84. Washington, D.C.: Neighborhood Reinvestment Corporation d/b/a Neighborhworks America, 2010.
natalieborecki

Distressed and Dumped: Market Dynamics of Low-Value, Foreclosured Properties during the... - 2 views

Abstract: The foreclosure crisis resulted in the accumulation of lender-owned homes in many neighborhoods. But little is known about these homes after they enter lender ownership. This article exam...

vacant properties foreclosures neighborhood stabilization mortgages Dan Immergluck 2012

started by natalieborecki on 02 Aug 12 no follow-up yet
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