Does a Nonprofit “First Look” Program Promote Neighborhood Stabilization? Examining Outcomes for REO Sales in Florida
Center for Community Progress
MAY 6, 2022
In this chapter, Andrew Jakabovics and David Sanchez discuss how a nonprofit “first look” program impacted outcomes for real estate owned (REO) properties. One estimate suggests that more than 5 million homes that were originally owner-occupied transitioned to rental homes between 2006 and 2017. Within these census tracts, 71.3
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