The ‘Minnesota Nice’: A Culture of Collaboration
In and around the Twin Cities, there is a tolerance for process and building relationships to handle the pressing challenges facing neighborhoods.
George Moses: Organizing by Necessity
Shelterforce interviews George Moses, chairman of the board of the National Low Income Housing Coalition
Right on Target: Reaching New Heights In DC
Vacant land gives way to residential and commercial development is a classic urban renewal storyline, but DC’s Columbia Heights is getting more than just retail and residential: it’s reclaiming its history.
Modifying the Modification Program (HAMP)
The administration last week announced changes to its Home Affordable Modification Program (HAMP) after falling short of its goals of staving off foreclosures by way of mortgage modifications, with some […]
The Risk In The System Starts to Come Home
Elizabeth Warren, the Harvard Law professor who chairs the Congressional Oversight Panel that watches over the Troubled Asset Relief Program (TARP) has never been known to mince words, and she’s […]
“Top Of The Pecking Order” for Housing Bubble Blowups
The New York Times has a pretty good rundown of all the players involved in the collapse of the sale of New York City’s Cooper Village and Stuyvesant Town apartment […]
Massive NYC Real Estate Deal Collapses
The Wall Street Journal is reporting that the purchaser of two colossal apartment complexes on Manhattan’s east side, Peter Cooper Village and Stuyvesant Town, has abandoned them to its creditors, […]
Honor Thy Mortgage!
Thinking about walking away from your mortgage because of your underwater mortgage? Stephen Colbert, in his inimitable way, tells us to think again, and to honor mortgage because “your honor […]
HUD Announces NSP2 Grants
The U.S. Department of Housing and Urban Development announced this morning the long-awaited list of grantees for the second round of the Neighborhood Stabilization Program (NSP2) — $2 billion in […]
NSP2 Announcement Coming Soon
HUD Secretary Shaun Donovan is expected to announce the NSP2 grantees, benefitting from nearly $2 billion of neighborhood stabilization program funds made available in the American Recovery and Reinvestment Act. […]
The Shadow (Inventory) Knows
What used to be dismissed as a bogeyman by real estate professionals is now a reality of unknown capacity: homes that fall into the shadow inventory of foreclosure. The December […]
A Small Victory for ACORN?
There was some good news yesterday for ACORN, the 40-year-old, and largest grass-roots community organization in the country, as a federal judge ruled that the House ban on issuing federal […]