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The social impact of home rehabilitation in low-income neighborhoods
While economists and others have studied the impact of abandoned foreclosed homes on nearby home prices and crime, very few scholars have attempted to understand the impact of abandonment and rehabilitation on neighborhood social conditions. The foreclosure crisis of 2005-2010 led to a concentration of abandoned foreclosed homes in disadvantaged neighborhoods and these neighborhoods became the targets of a policy intervention, the Neighborhood Stabilization Program. This study employs a mixed-method longitudinal approach to investigate the impact of this foreclosed home rehabilitation policy ...
Modern land banking: can it work in southern New England?
With new forms of land banking documenting success outside the Northeast, the applicability of the approach to New England is worth consideration.
Community Education Circles in the Lawrence Public Schools: evaluation design and baseline survey data
This paper describes a plan for evaluating the Community Education Circles (CECs) program that is being implemented in the Lawrence Public Schools as part of an effort to enhance family-school engagement and improve outcomes for both students and parents. The CECs program supports the larger Lawrence Working Families Initiative, which in 2013 was awarded a multiyear grant through the Boston Fed?s Working Cities Challenge. This paper accomplishes several objectives: (1) describe the goals and methods of the CECs program as well as the larger goals of the Lawrence Working Families Initiative; ...
Variations on an American dream: alternative homeownership models
With homeownership central to the national economy and U.S. housing policy, the drop in homeownership rates could have long-term negative consequences. A growing body of research argues that alternative homeownership products, such as limited equity cooperatives and lease-to-own models, can offer participants many of the benefits of ownership while reducing some risks. However, these models are not widely implemented or understood. This article asks experts in the housing field about the prospects of greater adoption of these models.
What do the neighbors think?: assessing the community impact of neighborhood stabilization efforts
In the wake of the mortgage crisis, neighborhood stabilization efforts have been launched to allay some of the "secondary effects of the mortgage crisis?the economic and social impacts on properties, neighborhoods, and communities." One example of this kind of effort is the federally funded Neighborhood Stabilization Program (NSP), which provided several million dollars to the City of Boston in order to acquire, rehabilitate, and resell abandoned, foreclosed homes in high-foreclosure neighborhoods. The author discusses preliminary findings from ongoing research exploring the effect of ...