Tag: newark

Operation Neighborhood Recovery

Urban Essex County, New Jersey, one of the hardest hit areas in the state by the ongoing foreclosure crisis, could be the laboratory for a reinvention of community development. A local CDC there has completed the successful acquisition, by way of an alliance of nonprofits, of 47 mortgages expected to foreclose with an eye toward stabilizing neighborhoods in some of the oldest suburban communities in New Jersey.

Operation Neighborhood Recovery and the Future of Community Development

Urban Essex County, New Jersey, one of the hardest hit areas in the state by the ongoing foreclosure crisis, could be the laboratory for an ostensible reinvention of community development, as a local CDC there announced today the successful acquisition of 47 mortgages on troubled properties with an eye toward stabilizing neighborhoods in some of the oldest suburban communities in New Jersey.

Operation Neighborhood Recovery and the Future of Community Development

Urban Essex County, New Jersey, one of the hardest hit areas in the state by the ongoing foreclosure crisis, could be the laboratory for an ostensible reinvention of community development, as a local CDC there announced today the successful acquisition of 47 mortgages on troubled properties with an eye toward stabilizing neighborhoods in some of the oldest suburban communities in New Jersey.

Tales of Three Cities

The poster child for gentrification in the eastern U.S. is Hoboken, NJ. A 15-minute subway ride from midtown Manhattan, for decades it was a...