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Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

Housing costs and supply are dominating the news at the moment. Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Housing prices have increased far faster than incomes (Miller 2015), making affordable homeownership inaccessible for many aspiring homeowners (Hackett et al.

Housing 91
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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

Introduction The Federal Home Loan Bank (FHLB) System 1 is a relatively unknown but important part of America’s housing and financial system, with over $1 trillion in assets. It was established by Congress in 1932 and today consists of 11 regional FHLBanks that operate as one system, cross-guaranteeing each other’s debts.

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Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

Land banks in Michigan are a flexible tool with unique powers granted to them in state law to return vacant properties to productive use as new homes, businesses, or greenspace through demolition, rehabilitation, and maintenance.

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Explaining the Cycle of Systemic Vacancy

Center for Community Progress

You’ve probably seen an abandoned house or two in your neighborhood. These empty structures and lots remain for years, deteriorating in condition, weakening the housing market, driving residents out of the neighborhood, and fueling more vacancy. The global financial crisis in 2008 was also a major trigger for many communities.

Housing 52
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Managing Emergencies: The Challenges of the Future

Disaster Planning and Emergency Management

Welcome to the 'riskscape' On one day in July 2021 fires devastated large areas of Sardinia, flooding occurred for the second time in two weeks in London and I received a message from research colleagues in Germany that read "the institute was quite destroyed and many colleagues have suffered tremendous damage to their houses."

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Walmart to close one of its three DC stores

Rebuilding Place in Urban Space

During the period of the (post) 2008 recession, Walmart, recognizing that it achieved about as much growth as it could in the suburbs and exurbs, decided to focus on cities. I was involved in opposing the Walmart that ended up being built up the street from my house -- and ironically a second Walmart was built 1.25

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A History of Ohio Land Banking 2009–2021: From Legislation to Operation

Center for Community Progress

At the height of the foreclosure crisis post-2008, a group of elected officials, community development practitioners, and lawyers came together to craft a strategy to respond to the hemorrhaging real estate market in Ohio. Ohio’s Traditional Land Bank Law. Everything seemed to work as planned—until 2008.