Greedy bankers, brokers, and investors abused their political power and forced millions of Americans to lose their homes. Now what can we do to solve the crisis?
Balancing an Ivy League university’s expansion plan with a Harlem neighborhood’s needs is a tricky business, especially when eminent domain is in the mix.
We can harness backlash against eminent domain abuses in the aftermath of the Supreme Court’s Kelo decision to bring about genuine community empowerment in the redevelopment process.
In New Orleans, a city already devastated by a natural disaster that wiped out a good percentage of its affordable rental housing, it seems counterintuitive that HUD would be on the verge of razing 4,500 units in New Orleans—effectively pushing more low-income residents out of the Crescent City. But that’s the case. Three public-housing developments—B.W. […]
A real public-private partnership to assist homeowners in peril of foreclosure is achievable in short order, and there’s no time to lose.
For decades, community developers have relied on the power of markets to bring neighborhoods back, but they can’t build their way out of the foreclosure mess.
Turning eminent domain into a tool for creating vital communities hinges on crafting a delicate balance between all who stand to benefit — or lose out — from the transformation of a neighborhood.
With his 20-plus-year campaign for change, Neil Wollman helped move his retirement fund toward socially responsible investing.
As analysts probe the causes of the subprime foreclosure debacle, a couple of things seem clear about the solutions. First, few people will be helped by the current crop of forbearance plans, especially those being advanced by the Bush administration and the lending community. And second, we can’t counsel our way out of this mess. […]
In a city full of problems and promise, I’m taking the first steps toward learning up close what community organizing can accomplish.
Book Review: Subprime Mortgages: America’s Latest Boom and Bust, by Edward M. Gramlich.
Urban Institute Press, 2007, 120 pp. $25.00 (hardcover).