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Metropolitan Institute

"Brownfields."_Many Authors/Articles. [journal] - 1 views

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    Shroder, Mark, ed. "Brownfields." U.S. Department of Housing and Urban Development. Cityscape 12, no. 3 (2010). This issue of Cityscape features articles on a variety of issues related to brownfields, such as federal policies; brownfields redevelopment; and the private markets.
Metropolitan Institute

"Seizing City Assets: Ten Steps to Urban Land Reform"_Brophy & Vey [online report] - 1 views

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    Brophy, Paul and Vey, Jennifer, 2002. "Seizing City Assets: Ten Steps to Urban Land Reform," The Brookings Institution, October 2002. http://www.brookings.edu/~/media/Files/rc/reports/2002/10metropolitanpolicy_brophy/brophyveyvacantsteps.pdf Introduction: "One of a city's greatest assets is its available land for development. Unfortunately, many cities have land and properties that are vacant, abandoned, or under-used, with few policies and regulations in place to convert these assets into valuable, revenue-generating sites. This brief outlines ten action steps that state and local governments can follow to facilitate the development of urban land and buildings. Compiling an inventory of vacant parcels, planning for the assembly and reuse of land, and working to eliminate the many legal and administrative barriers to acquisition and development are just some of the actions the authors recommend for creating a more transparent, efficient, and effective system for private-market land development. The brief will discuss these and other proposed steps, and will highlight examples of successful practices implemented in states and localities throughout the U.S."
Metropolitan Institute

"Meeting the Challenge of Distressed Property Investors in America's Neighborhoods."_Ma... - 0 views

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    Mallach, Alan. "Meeting the Challenge of Distressed Property Investors in America's Neighborhoods." 1- 91. New York, NY: LISC, 2010. Introduction: "The mortgage crisis that has gripped the United States since 2007 has resulted in property owners losing millions of properties through foreclosure, with a loss of hundreds of billions of dollars in individual and community assets. Through the foreclosure process, the majority of these properties have been taken back by the mortgage lender and become 'real-estate-owned' or REO properties. For the first year or so after foreclosures took off in 2007, with lenders unprepared to deal with these properties and few buyers of any sort in the marketplace, REO properties often went begging. By the end of 2008, however, that was no longer the case. Private property investors - from "mom & pop" investors buying one or two properties to Wall Street firms and consortia of foreign investors buying entire portfolios - had moved back into the market in large numbers. Since early 2009, the ranks of investors have steadily grown, while it has become less accurate to refer to them as 'REO investors'. Rather than waiting for properties to come into lenders' REO inventories, distressed property investors - as they are more appropriately known - have been increasingly buying houses through short sales, buying non-performing mortgages, or bidding against foreclosing lenders at foreclosure sales. Today, their presence is a major factor in the marketplace of nearly every metropolitan area experiencing large numbers of foreclosures. Their activities are having a powerful effect on neighborhoods generally and on the neighborhood stabilization efforts of cities and non-profit community development corporations (CDCs) in particular. Their effect, however, is a matter of considerable disagreement and even controversy. The purpose of this report is twofold: first, to offer insight into how distressed property investors operate, and how their activ
Metropolitan Institute

"Comment on 'Abandoned Housing: Exploring Lessons From Baltimore.'"_Culhane & Hillier [... - 1 views

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    Culhane, Dennis P., and Amy E. Hillier (2001). "Comment on 'Abandoned Housing: Exploring Lessons From Baltimore.'" Housing Policy Debate. 12(3), 449-55. Abstract: "For most cities, the possibility of transforming unused property into community and city assets is as yet hypothetical. Fiscal constraints limit the amount of land acquisition, relocation, and demolition that cities can undertake. Private investors, unsure of which neighborhoods have a chance of becoming self‐sustaining, are reluctant to take risks in untested markets. Cities need to create citywide planning strategies for land aggregation and neighborhood stabilization and to develop analyses of the risks and opportunities associated with redevelopment opportunities in specific markets. Research seems sorely needed. Although the policy world cannot and will not stand still waiting for academics to design the perfect study or to collect all the data to model the potential effects of various policy options and investments, analysis that can play a more immediately supportive role can and should be done now." Also view: Cohen, James R. (2001). "Abandoned Housing: Exploring Lessons from Baltimore." Housing Policy Debate. 12(3), 415-48
Metropolitan Institute

Evolution from Urban Renewal to Community Development: Implications for Shrinking Cities - 5 views

Farris, J. Terrence. "Evolution from Urban Renewal to Community Development- Implications for Shrinking Cities." Paper to be presented at the annual conference for the Association of Collegiate S...

urban redevelopment policy shrinking cities displacement renewal community development history planning 1949 Housing Act Terrence J. Farris 2011

started by Metropolitan Institute on 04 Jan 12 no follow-up yet
Metropolitan Institute

To be Abandoned, or to be Greened - 3 views

Abstract: Many cities around the country combat increases in abandoned properties, as these properties often become an eyesore in urban landscape. In particular, old industrial cities where a large...

community gardens public-private partnerships tax incentives case studies Philadelphia discrete choice model Neighborhood Information System NIS urban greening In Kwon Park Patricia Ciorci 2011

started by Metropolitan Institute on 04 Jan 12 no follow-up yet
Metropolitan Institute

"Can Anchor Institutions Save Midtown Detroit: Early Evidence from '15x 15' Initiative.... - 1 views

Vidal, Avis. "Can Anchor Institutions Save Midtown Detroit: Early Evidence from '15x 15' Initiative." Paper to be presented at the annual conference for the Association of Collegiate Schools of P...

anchor institutions distressed neighborhoods University of Chicago Yale Illinois at Trinity College Howard Southern California public-private partnerships foundations Detroit case studie

started by Metropolitan Institute on 04 Jan 12 no follow-up yet
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