Have Distressed Neighborhoods Recovered? Evidence from the Neighborhood Stabilization Program

Have Distressed Neighborhoods Recovered? Evidence from the Neighborhood Stabilization Program PDF Author: Federal Reserve Board
Publisher: CreateSpace
ISBN: 9781511660440
Category :
Languages : en
Pages : 50

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Book Description
During the 2007-2009 housing crisis, concentrations of foreclosed and vacant properties created severe blight in many cities and neighborhoods. The federal Neighborhood Stabilization Program (NSP) was established to help mitigate distress in hard-hit areas by funding the rehabilitation or demolition of troubled properties. This paper analyzes housing market changes in areas that received investments during the second round of NSP funding, focusing on seven large urban counties. Grantees used NSP to invest in census tracts with high rates of distressed and vacancy properties, and tracts that had previously received other housing subsidies. The median NSP tract received quite sparse investment, relative to the overall housing stock and the initial levels of distress. Analysis of housing market outcomes indicates the recovery has been uneven across counties and neighborhoods. In a few counties, there is some evidence that NSP2 activity is correlated with improved housing outcomes.

Have Distressed Neighborhoods Recovered? Evidence from the Neighborhood Stabilization Program

Have Distressed Neighborhoods Recovered? Evidence from the Neighborhood Stabilization Program PDF Author: Federal Reserve Board
Publisher: CreateSpace
ISBN: 9781511660440
Category :
Languages : en
Pages : 50

Get Book Here

Book Description
During the 2007-2009 housing crisis, concentrations of foreclosed and vacant properties created severe blight in many cities and neighborhoods. The federal Neighborhood Stabilization Program (NSP) was established to help mitigate distress in hard-hit areas by funding the rehabilitation or demolition of troubled properties. This paper analyzes housing market changes in areas that received investments during the second round of NSP funding, focusing on seven large urban counties. Grantees used NSP to invest in census tracts with high rates of distressed and vacancy properties, and tracts that had previously received other housing subsidies. The median NSP tract received quite sparse investment, relative to the overall housing stock and the initial levels of distress. Analysis of housing market outcomes indicates the recovery has been uneven across counties and neighborhoods. In a few counties, there is some evidence that NSP2 activity is correlated with improved housing outcomes.

Have Distressed Neighborhoods Recovered?

Have Distressed Neighborhoods Recovered? PDF Author: Jenny Schuetz
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Which Way to Recovery?

Which Way to Recovery? PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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The Evaluation of the Neighborhood Stabilization Program

The Evaluation of the Neighborhood Stabilization Program PDF Author: Katherine M. O'Regan
Publisher:
ISBN: 9781457868207
Category :
Languages : en
Pages : 250

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Book Description
The Neighborhood Stabilization Program (NSP), which built on Community Development Block Grant concepts, was part of a package of U.S. Dept. of Housing and Urban Development (HUD) programs adopted to deal with the consequences of the housing market collapse. NSP had three rounds of funding, all directed toward assisting communities as they addressed the neighborhood effects of the wave of foreclosures that followed the end of the housing boom. The principal concern was that the foreclosures had a contagion effect, depressing the value and maintenance of surrounding properties and intensifying the crisis at the neighborhood level. This analysis focused on the second round (NSP2). It found that NSP2 was too modestly funded to consistently arrest the declines in property values or achieve the impacts that were hoped for. Figures. This is a print on demand report.

The Wiley-Blackwell Encyclopedia of Urban and Regional Studies

The Wiley-Blackwell Encyclopedia of Urban and Regional Studies PDF Author: Anthony M. Orum
Publisher: John Wiley & Sons
ISBN: 1118568451
Category : Social Science
Languages : en
Pages : 2919

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Book Description
Provides comprehensive coverage of major topics in urban and regional studies Under the guidance of Editor-in-Chief Anthony Orum, this definitive reference work covers central and emergent topics in the field, through an examination of urban and regional conditions and variation across the world. It also provides authoritative entries on the main conceptual tools used by anthropologists, sociologists, geographers, and political scientists in the study of cities and regions. Among such concepts are those of place and space; geographical regions; the nature of power and politics in cities; urban culture; and many others. The Wiley Blackwell Encyclopedia of Urban and Regional Studies captures the character of complex urban and regional dynamics across the globe, including timely entries on Latin America, Africa, India and China. At the same time, it contains illuminating entries on some of the current concepts that seek to grasp the essence of the global world today, such as those of Friedmann and Sassen on ‘global cities’. It also includes discussions of recent economic writings on cities and regions such as those of Richard Florida. Comprised of over 450 entries on the most important topics and from a range of theoretical perspectives Features authoritative entries on topics ranging from gender and the city to biographical profiles of figures like Frank Lloyd Wright Takes a global perspective with entries providing coverage of Latin America and Africa, India and China, and, the US and Europe Includes biographies of central figures in urban and regional studies, such as Doreen Massey, Peter Hall, Neil Smith, and Henri Lefebvre The Wiley Blackwell Encyclopedia of Urban and Regional Studies is an indispensable reference for students and researchers in urban and regional studies, urban sociology, urban geography, and urban anthropology.

Decision Science for Housing and Community Development

Decision Science for Housing and Community Development PDF Author: Michael P. Johnson
Publisher: John Wiley & Sons
ISBN: 1118975006
Category : Business & Economics
Languages : en
Pages : 416

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Book Description
A multidisciplinary approach to problem-solving in community-based organizations using decision models and operations research applications A comprehensive treatment of public-sector operations research and management science, Decision Science for Housing and Community Development: Localized and Evidence-Based Responses to Distressed Housing and Blighted Communities addresses critical problems in urban housing and community development through a diverse set of decision models and applications. The book represents a bridge between theory and practice and is a source of collaboration between decision and data scientists and planners, advocates, and community practitioners. The book is motivated by the needs of community-based organizations to respond to neighborhood economic and social distress, represented by foreclosed, abandoned, and blighted housing, through community organizing, service provision, and local development. The book emphasizes analytic approaches that increase the ability of local practitioners to act quickly, thoughtfully, and effectively. By doing so, practitioners can design and implement responses that reflect stakeholder values associated with healthy and sustainable communities; that benefit from increased organizational capacity for evidence-based responses; and that result in solutions that represent improvements over the status quo according to multiple social outcome measures. Featuring quantitative and qualitative analytic methods as well as prescriptive and exploratory decision modeling, the book also includes: Discussions of the principles of decision theory and descriptive analysis to describe ways to identify and quantify values and objectives for community development Mathematical programming applications for real-world problem solving in foreclosed housing acquisition and redevelopment Applications of case studies and community-engaged research principles to analytics and decision modeling Decision Science for Housing and Community Development: Localized and Evidence-Based Responses to Distressed Housing and Blighted Communities is an ideal textbook for upper-undergraduate and graduate-level courses in decision models and applications; humanitarian logistics; nonprofit operations management; urban operations research; public economics; performance management; urban studies; public policy; urban and regional planning; and systems design and optimization. The book is also an excellent reference for academics, researchers, and practitioners in operations research, management science, operations management, systems engineering, policy analysis, city planning, and data analytics.

Neighborhoods and Health

Neighborhoods and Health PDF Author: Dustin T. Duncan
Publisher: Oxford University Press
ISBN: 0190843497
Category : Medical
Languages : en
Pages : 393

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Book Description
THE GROUNDBREAKING, FORMATIVE WORK IN SPATIAL EPIDEMIOLOGY -- NOW UPDATED FOR A NEW GENERATION OF RESEARCH AND PRACTICE IN PUBLIC HEALTH In 2003, Neighborhoods and Health codified the idea that a neighborhood's social and physical makeup can influence the health of people who live in it. More than a decade later, with the relationship between place and health firmly entrenched at the center of how we understand public health (and as its own scientific discipline, spatial epidemiology), this second edition of the landmark text offers another giant leap forward for the field. Offering both a synthesis of the essential research and a practical overview of the methods used to garner it, the second edition of Neighborhoods and Health is the essential guide to understanding this core component of contemporary population health -- both the journey to date and what's next.

The Encyclopedia of Housing, Second Edition

The Encyclopedia of Housing, Second Edition PDF Author: Andrew T. Carswell
Publisher: SAGE Publications
ISBN: 1412989582
Category : Political Science
Languages : en
Pages : 929

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Book Description
Since publication of the groundbreaking Encyclopedia of Housing in 1998, many issues have assumed special prominence within this field and, indeed, within the global economy. For instance, the global economic meltdown was spurred in large part by the worst subprime mortgage crisis we’ve seen in our history. On a more positive note, the sustainability movement and “green” development has picked up considerable steam and, given the priorities and initiatives of the current U.S. administration, this will only grow in importance, and increased attention has been given in recent years to the topic of indoor air quality. Within the past decade, as well, the Baby Boom Generation began its march into retirement and senior citizenship, which will have increasingly broad implications for retirement communities and housing, assisted living facilities, aging in place, livable communities, universal design, and the like. Finally, within the last twelve years an emerging generation of young scholars has been making significant contributions to the field. For all these reasons and more, we are pleased to present a significantly updated and expanded Second Edition of The Encyclopedia of Housing.

The Budget of the United States Government

The Budget of the United States Government PDF Author: United States
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 228

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Housing Policies for Distressed Urban Neighborhoods

Housing Policies for Distressed Urban Neighborhoods PDF Author:
Publisher:
ISBN:
Category : Housing policy
Languages : en
Pages : 240

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