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Stable Neighborhood Outcomes

Possible Post-Foreclosure Outcomes: Image

  • Neighborhood has a strong positive image that attracts neighborhood-friendly investment.
  • People inside and out of the neighborhood are confident in its future.

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Possible Post-Foreclosure Outcomes: Market

  • Additional foreclosures are reduced.
  • Market value is stabilized or restored.
  • Residents and neighborhoods are inoculated against future poor lending and borrowing practices.
  • Homebuyers choose to invest in the neighborhood.
  • There are quality rental and homeownership opportunities available at a variety of price points.

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Possible Post-Foreclosure Outcomes: Physical Conditions

  • Property maintenance standards are maintained on all property.
  • Vacant property is returned to neighborhood-friendly use.
  • Buildings are “greener” (lower energy and water use, healthier indoor air quality)

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Possible Post-Foreclosure Outcomes: Neighborhood Management

  • Neighborhood is well-managed by a strong network of residents.
  • Residents and visitors feel safe in the neighborhood.
  • Residents have a sense of control over the future of the neighborhood.

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