Remove Elected Officials Remove Housing Remove Operations
article thumbnail

Navigating the Tradeoffs of Good Cause Eviction

The Stoop (NYU Furman Center)

As lawmakers in Albany debate how to fix New York’s housing affordability crisis, a new research brief by the NYU Furman Center examines the possible effects of how a good cause eviction requirement might affect tenants, landlords, and the housing market. Now, the issue is once again on the negotiating table in 2024.

article thumbnail

Public housing administration as a measure of government (in)competence

Rebuilding Place in Urban Space

DC received a scathing report from HUD about the failures in managing the city's public housing stock of 8,000 units, 25%--2,000-are vacant because most are uninhabitable (" D.C. Housing Authority’s leadership is failing, HUD report says ," Washington Post ). Council votes for $8 billion Medicaid contracts, housing overhaul ," Post ).

Housing 52
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

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.

article thumbnail

Local Government Support for Privately Owned Affordable Housing

Community and Economic Development Program of UNC

By most accounts, the need for affordable housing across North Carolina is massive. According to 2019 census data, over a million North Carolina households are “cost burdened,” meaning they spend more than 30% of their income on housing. What can local governments do to address the need for more affordable housing ?

article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. The private persona of a GSE is that it is owned and capitalized by the private sector and operated as a for-profit company.

article thumbnail

Revitalization in a distressed residential-industrial neighborhood: Pullman, Chicago, Illinois

Rebuilding Place in Urban Space

The effort was sparked by Park Bank, a locally focused community bank (" It shouldn't be a surprise that big banks are more comfortable dealing with large businesses | Community banking "), and its community development corporation which was doing a lot of housing rehabilitation. Elected officials didn't make those decisions.

article thumbnail

Rampant management failure #2: DC area Metrorail (Washington Area Metropolitan Transit Authority)

Rebuilding Place in Urban Space

From the article: Metro’s prospects for replacing hundreds of millions of dollars in fare revenue that vanished during the pandemic appeared to be waning as stimulus money runs dry, particularly as weary elected officials watch the agency struggle during a year-long train shortage. And that the WMATA Board should be elected.)