- Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB St. Louis Paper No. FEDLWP2-13-021.
- Crowding Out Effects of Refinancing on New Purchase Mortgages, Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. FEDGFE2015-17.
- The Determinants of Subprime Mortgage Performance Following a Loan Modification, Maximillian D. Schmeiser & Matthew B. Gross, FEDS Working Paper No. FEDGFE2015-06.
- Which Way to Recovery? Housing Market Outcomes and the Neighborhood Stabilization Program, Jenny Schuetz et al., FEDS Working Paper No. FEDGFE2015-04.
- Metropolitan Area Home Prices and the Mortgage Interest Deduction: Estimates and Simulations from Policy Change, Hal Martin & Andrew Hanson, FRB of Cleveland Working Paper No. FEDCWP1516.
- Regional Redistribution Through the U.S. Mortgage Market, Erik Hurst, Benjamin J. Keys, Amit Seru & Joseph Vavra, Kreisman Working Papers Series in Housing Law and Policy No. 25.
- Fewer Vacants, Fewer Crimes? Impacts of Neighborhood Revitalization Policies on Crime, Jonathan S. Spader, Jenny Schuetz & Alvaro Cortes, FEDS Working Paper No. 2015-088.
- Fundamental Drivers of Dependence in REIT Returns, Jamie Alcock & Eva Steiner.
Tag Archives: Neighborhood revitilization initiative
Tuesday’s Regulatory & Legislative Round-Up
- The U.S. Department of Housing and Urban Development (HUD) has announced that the Choice Neighborhoods Program (CNP) has selected five cities to receive $150 million to revitalize distressed HUD housing. CNP is a part of the White Houses’ Neighborhood Revitalization Initiative, which seeks to break the cycle of intergenerational poverty through public/private partnerships and broad collaboration to promote healthier neighborhoods. The CNP program specifically seeks to work closely with stakeholders, such as residents; police; and educators, at the local level, to address challenges facing their communities. The goals of the program include: revitalizing housing, improving social mobility and educational outcomes, and encouraging investment in the community. The CNP grants have been made to Atlanta, Georgia; Kansas City, Missouri; Memphis, Tennessee; Milwaukee, Wisconsin and Sacramento, California. All five cities submitted a comprehensive neighborhood revitalization plan to transform an area of concentrated poverty.
