Regional Resilience in the Face of Foreclosures
Author | : Todd Swanstrom |
Publisher | : |
Total Pages | : 68 |
Release | : 2009 |
Genre | : Foreclosure |
ISBN | : |
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Author | : Todd Swanstrom |
Publisher | : |
Total Pages | : 68 |
Release | : 2009 |
Genre | : Foreclosure |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 0 |
Release | : |
Genre | : |
ISBN | : |
One scholarly study1 on the direct costs to the city of Chicago from each foreclosure identified 26 different cost factors that drew precious resources - from the administrative costs of the foreclosure process to additional police calls to the cost of cutting the grass and increased fire suppression. [...] One of the first things local actors must do is assess the nature of the problem - what is the cause of foreclosures, who is impacted the most and where can interventions be most effective? The strength of the regional housing market shapes the nature of the fore- closure challenge. [...] The collapse of housing prices is a major factor in foreclosures, because when the value of a home falls below what is owed on the mortgage (being "underwater"), then the owner can no longer sell the home or refinance it to pay off the mortgage and may be forced into foreclosure. [...] Interventions need to recognize and address the class and demographic aspects of the situation, such as the fact that predatory lending was disproportionately a factor in poorer households in central cities and suburbs. [...] Foreclosure Hot Spots in Metropolitan Atlanta, 2003 and 2009 ATLANTA, GEORGIA METROPOLITAN AREA The Atlanta Regional Commission (ARC) collaborated with the Georgia Department of Community Affairs and a number of nonprofits to convene workshops on the Neighborhood Stabilization Program for five counties and the City of Atlanta.
Author | : Margaret Weir |
Publisher | : Brookings Institution Press |
Total Pages | : 354 |
Release | : 2012-02-02 |
Genre | : Business & Economics |
ISBN | : 0815722850 |
The mission of the Urban and Regional Policy and Its Effects series is to inform policymakers, practitioners, and scholars about the effectiveness of select policy approaches, reforms, and experiments in addressing the key social and economic problems facing today's cities, suburbs, and metropolitan areas. Volume four of the series introduces and examines thoroughly the concept of regional resilience, explaining how resilience can be promoted—or impeded—by regional characteristics and public policies. The authors illuminate how the walls that now segment metropolitan regions across political jurisdictions and across institutions—and the gaps that separate federal laws from regional realities—have to be bridged in order for regions to cultivate resilience. Contributors: Patricia Atkins, George Washington University; Pamela Blumenthal, U.S. Department of Housing and Urban Development; Sarah Ficenec, George Washington University; Alec Friedhoff, Brookings Institution; Kathryn Foster, University at Buffalo, SUNY; Juliet Gainsborough, Bentley University; Edward Hill, Cleveland State University; Kate Lowe, Cornell University; John Mollenkopf, Graduate Center, City University of New York; Mai Nguyen, University of North Carolina, Chapel Hill; Manuel Pastor, University of Southern California; Rolf Pendall, Urban Institute; Nancy Pindus, Urban Institute; Sarah Reckhow, Michigan State University; Travis St. Clair, George Washington University; Todd Swanstrom, University of Missouri, St. Louis; Margaret Weir, University of California, Berkeley; Howard Wial, Brookings Institution; Harold Wolman, George Washington University
Author | : United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy |
Publisher | : |
Total Pages | : 164 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : |
Author | : Hugo Pinto |
Publisher | : Springer |
Total Pages | : 255 |
Release | : 2018-08-22 |
Genre | : Business & Economics |
ISBN | : 3319951351 |
Economic and financial crises have brought the rise of unemployment, reduction of economic growth and emergence of global imbalances and tensions as countries and regions have suffered the effects of a variety of internal and external shocks. In this context of constant disruption, the scientific community has struggled to provide satisfactory answers to current economic challenges within standard frameworks. Focusing on the interconnections between innovation and resilience, this edited book contributes to a better understanding of how the crisis affects innovation and the capacity of territories to adapt and evolve. It offers both theoretical and empirical contributions that debate the notions of resilience in regional and urban contexts and serve as case studies related to innovation strategies and territorial clusters.
Author | : Thomas Skuzinski |
Publisher | : Routledge |
Total Pages | : 212 |
Release | : 2017-09-18 |
Genre | : Political Science |
ISBN | : 1315304015 |
Creating metropolitan regions that are more efficient, equitable, and sustainable depends on the willingness of local officials to work together across municipal boundaries to solve large-scale problems. How do these local officials think? Why do they only sometimes cooperate? What kind of governance do they choose in the face of persistent problems? The Risk of Regional Governance offers a new perspective on these questions. Drawing on theory from sociology and anthropology, it argues that many of the most important cooperative decisions local officials make—those about land use planning and regulation—are driven by heuristic, biased reasoning driven by cultural values. The Risk of Regional Governance builds a sociocultural collective action framework, and supports it with rich survey and interview data from hundreds of local elected officials serving in the suburbs of Detroit and Grand Rapids, Michigan. It is a story of the Rust Belt, of how local officials think about their community and the region, and—most importantly—of how we might craft policies that can overcome biases against regional governance.
Author | : Gillian Bristow |
Publisher | : Edward Elgar Publishing |
Total Pages | : 320 |
Release | : 2020-02-28 |
Genre | : Social Science |
ISBN | : 1785360868 |
This Handbook provides a collection of high quality contributions on the state of the art in current debates around the concept of regional economic resilience. It provides critical contributions from leading authors in the field, and captures both key theoretical debates around the meaning of resilience, its conceptual framing and utility, as well as empirical interrogation of its key determinants in different international contexts.
Author | : John Powell |
Publisher | : University Press of America |
Total Pages | : 403 |
Release | : 2013-11-21 |
Genre | : Business & Economics |
ISBN | : 0761856072 |
While much recent attention has been focused on the subprime lending and foreclosure crisis, little has been said about its radically-disparate impact. Drawing upon history as well as insight into the current crisis, this book shows that this crisis is not an anomaly, especially for people of color; nor is it over. People of color have been excluded from wealth-building opportunities via homeownership continuously throughout United States history, from the outright denial of credit and residential racial discrimination, to federally-sponsored urban renewal programs. The subprime lending and foreclosure crisis is predicted to strip a quarter of a trillion dollars in wealth from black and Latino homeowners. It has reversed home ownership gains for people of color and has decimated neighborhoods across the United States while impacting local, regional, national, and international economies. The consequences are devastating. This collection of essays provides a framework for creating equitable policy and ultimately building more stable communities for all Americans.
Author | : Dan Immergluck |
Publisher | : Univ of California Press |
Total Pages | : 341 |
Release | : 2022-10-11 |
Genre | : History |
ISBN | : 0520387635 |
"A growth-above-all development ethos permeates the Atlanta region and is rooted in the city's twentieth-century expansion. Like some other booming Sunbelt metros, Atlanta has combined a continuing reliance on public-private partnerships and a state and regional planning and policy regime that excessively caters to capital, often at the expense of its poorer residents, who are predominantly Black and Latinx. As the city proper has become a hot commodity in the real estate arena and is no longer majority-Black, the region has inverted the late twentieth-century poor-in-the-core urban model to one where less affluent families face exclusion from the central city and more affluent suburbs and are pushed out to lower-income, sometimes quite distant suburbs, usually farther from mass transit, large public hospitals, and other essential services. At this writing, the Atlanta metropolitan area is the ninth-largest in the country and likely to climb into the eighth spot in the not-to-distant future. This book focuses on four key, interconnected themes in the evolution and restructuring of Atlanta in the twenty-first century. The first is the major racial and economic restructuring of the region's residential geography, including the city proper. A second theme of the book is the failure of the City of Atlanta to capture a significant share of a tremendous growth in local land values. A third theme of the book is the critical role of state government in constraining and enabling how development and redevelopment occurs and whether the interests of those most vulnerable to exclusion and displacement are given serious consideration. The final theme of the book, and its key overarching narrative, concerns the political economy of urban change and the presence of inflection points. These are periods during which particularly consequential policy decisions are made that have a disproportionate impact on the trajectories of a place and direct and long-lasting implications for racial and economic exclusion. The book's conclusion ties together many of the lessons from these chapters. It ends with discussing what recent political trends could mean for the development trajectory of, and continued exclusion in, the region. It also calls for avoiding a "market-inevitability" fatalism that suggests that nothing can be done to redirect or alter the sorts of trajectories described in the book. It reminds the reader that the events and consequences described are not simply the result of apolitical, atomistic market forces, but is shaped heavily by institutional actors and processes"--
Author | : Margaret Cowell |
Publisher | : Routledge |
Total Pages | : 157 |
Release | : 2014-09-25 |
Genre | : Political Science |
ISBN | : 1317649087 |
The late 1970s and 1980s saw a process of mass factory closures in cities and regions across the Midwest of the United States. What happened next as leaders reacted to the news of each plant closure and to the broader deindustrialization trend that emerged during this time period is the main subject of this book. It shows how leaders in eight metropolitan areas facing deindustrialization strived for adaptive resilience by using economic development policy. The unique attributes of each region - asset bases, modes of governance, civic capacity, leadership qualities, and external factors - influenced the responses employed and the outcomes achieved. Using adaptive resilience as a lens, Margaret Cowell provides a thorough understanding of how and why regions varied in their abilities to respond to deindustrialization.