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. The platform prioritizes both homeownership outcomes, based on a view that an owner-occupant disposition best stabilizes a neighborhood, and sale to local nonprofit community partners.
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