Journal Article

Neighborhood stabilization & land banking

Abstract: Land banking helps communities that acquire foreclosed properties to retain them until market demand returns. Today the Housing and Economic Recovery Act of 2008 provides support for using land banking in neighborhood stabilization efforts.

Keywords: Housing; Foreclosure;

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 2009

Issue: Sum

Pages: 3-5