"Resilience in the Face of Foreclosures" Report from the National League of Cities
The foreclosure crisis is an opportunity to reorient housing strategies to focus on creating and supporting neighborhoods that offer residents an attractive place to live. The Building Resilient Regions Network is developing applied knowledge about how regions can be resilient in the face of significant challenges, such as foreclosures, rapid immigration, and economic restructuring.
The report Resilience in the Face of Foreclosures: Lessons from Local and Regional Practice highlights how cities and counties are successfully responding to home mortgage foreclosures, vacant properties and destabilized neighborhoods. Covering six metropolitan areas (St. Louis, Atlanta, Chicago, Tampa–St. Petersburg, Cleveland and Riverside–San Bernardino), the report summarizes significant strategies that help mitigate the effects of foreclosures and gives examples of initiatives to revitalize neighborhoods that have been adversely affected by the foreclosure crisis.
SOURCE: National League of Cities