Transforming Foreclosed Properties into Community Assets
Publication Date: December 2008
Publisher(s): Furman Center for Real Estate
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: mortgage foreclosures; neighborhoods; Affordable Housing
Type: White Paper
Last May, the Furman Center, with support from the Ford Foundation, convened leading housing researchers, policymakers, lenders, and nonprofit housing organizations to discuss how best to leverage public and private resources to reuse foreclosed properties in a manner that helps stabilize neighborhoods. The Furman Center has produced a White Paper, Transforming Foreclosed Properties into Community Assets, that documents that roundtable conversation, summarizes much of the discussion’s substance, and includes links to resources—ranging from existing research papers on related topics to listings of REO properties—that we hope will be useful to practitioners, researchers and policymakers involved in neighborhood stabilization projects.