article thumbnail

15 Years After the Subprime Meltdown, Renters Could Still Be Feeling the Impacts

GAO (US Government Accountability Office)

The 2007-2009 financial crisis may seem like a distant memory now. But many are still feeling its impact. After millions of homeowners defaulted on their mortgages and lost their homes, investors bought up these properties and converted them to.

284
284
article thumbnail

FICAM: A Foundation for Zero Trust and IT Compliance

FedTech Magazine

A key component is the federal identity credential and access management program created in 2009. With the most recent Federal Information Security Modernization Act report cataloging 11 major incidents among government agencies in fiscal 2023, there is a clear need to continue improving overall cybersecurity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Center for Community Progress

The disproportionate impact in Ohio paved the way for Ohio’s General Assembly to pass a comprehensive county land bank statute in 2009. The Cuyahoga Land Bank opened its doors in June 2009 but didn’t transact a property until November of that year, so that each anticipated property pipeline was tested and debugged.

article thumbnail

Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

The housing market has just experienced one of the largest upcycles in history. First, house prices increased by 57 percent 1 over the nearly nine years from their post-financial crisis bottom (2011 Q2) through the last quarter before the pandemic (2020 Q1). This was more than just a recovery from the severe downturn of the financial crisis.

Housing 52
article thumbnail

10 ways that governments incentivize cloud use to accelerate digital transformation

AWS Public Sector Blog

Spain launched the Aporta Initiative in 2009 to open public information and promote data-based development of modern services. Open data initiatives provide resources for businesses, researchers, and developers to use government data to create products and services.

article thumbnail

Democratizing Safety in Newark: The Brick City Peace Collective

NLC (National League of Cities)

In 2009, the tragic loss of Nakisha Allen ignited outrage in the community. Co-authored by Jessiah Paul, Director of the Brick City Peace Collective For five decades, Newark, New Jersey had experienced one of the highest rates of violence in the country. In that environment, Mayor Ras J.

62
article thumbnail

Winter snow clearance in the Walking City

Rebuilding Place in Urban Space

A Reddit thread complains about the quality of snow removal in DC (" Has DC's snow removal gone downhill? "), and it covers some of the same issues that got me writing those posts starting in 2009 (also my experience then working as a bicycle and pedestrian planner for Baltimore County).