Strategic Community Stabilization - 2008 HERA Act and Beyond
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Strategic Community Stabilization - 2008 HERA Act and Beyond

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  • Take Questions throughout. Caveat: we are not HUD staff, we are not experts in the regulations of HUD on this program, we do have experience working with HUD programs
  • Launched in 2003 with assistance from Fannie Mae Foundation, EPA, Ford and Surdna Foundations NVPC Executive Committee: Smart Growth America, Local Initiative Support Corporation (LISC), Virginia Tech’s Metropolitan Institute, and the Genesee Institute (Flint, Michigan) Advisory Committee: APA, NAR, NTHP, ICMA, NHI, Fels Institute of Government, CEOs for Cities, etc. The Campaign fills an important void To share best practices through a national network of practitioners and experts To research and disseminate model policies and programs To communicate the case for vacant property reclamation To build capacity for change through technical assistance

Strategic Community Stabilization - 2008 HERA Act and Beyond Strategic Community Stabilization - 2008 HERA Act and Beyond Presentation Transcript

  • Strategic Community Stabilization—2008 HERA Act and Beyond Joe Schilling ( [email_address] ) Metropolitan Institute, Virginia Tech and National Vacant Properties Campaign www.vacantproperties.org
  • Today’s Game Plan
    • Joe Schilling (NVPC): Introductions and Overview
    • Alan Mallach (Brookings/NHI Fellow): Strategic Planning Framework
    • Respondents:
      • Ali Solis, Enterprise Partners
      • Teresa Brice, Phoenix LISC
      • Andriana, Minneapolis LISC
  • Community Stabilization Grants
    • Housing and Economic Recovery Act (HR 3221) enacted into law summer of 2008
    • Title III created neighborhood stabilization program - appropriated $3.92B
    • HUD adopted regs and formula allocation Sept. 29
    • http://www.hud.gov/offices/cpd/communitydevelopment/programs/neighborhoodspg/nspnotice.pdf
  • National Vacant Properties Campaign ( www.vacantproperties.org )
    • Build a national coalition of practitioners, policymakers, and experts
    • Convene policy & practice forums
      • First National VP Forum, Pittsburgh (2007)
      • Second National VP Forum, Louisville,
      • June 1-3rd 2009
    • Provide technical assistance
      • Workshops, Roundtables, etc.
      • Policy Assessments
  • NVPC Technical Assistance Program Translating Policy into Practice
  • Observations about our Foreclosure and Financial Crisis
    • Foreclosures will get worse before getting better
    • Three Policy Perspectives
      • Foreclosure Prevention
      • Code Enforcement and
      • Neighborhood Stabilization
      • REO Acquisition/Disposition
    • Tale of Two Cities
      • Strong Markets
      • Weak Markets
  • Community Impacts from Vacant & Foreclosed Homes
    • Decreases in neighborhood property values
    • Increases in local government costs to track inventory, maintain, abate, demolish, etc.
    • NVPC Code Enforcement Survey:
    • http://action.smartgrowthamerica.org/t/2852/questionnaire.jsp?questionnaire_KEY=48
    • Decreases in local government revenues
    • Convergence and compounding of community impacts
  • Vacant Property Community Stabilization Strategies
    • Community Data —Real property information systems
    • Code Enforcement —First responders
      • Vacant property registration ordinances
      • Inspection and demolition resources
    • Property Control Entities —Land banking and REO acquisitions avenues
  • Vacant & Foreclosed Properties State Policy Agenda
    • Establish real property information exchanges and data base networks (REOs, foreclosure, code cases)
    • Expand (do not constrict) local government code enforcement capacity and powers
    • Provide and technical assistance and resources to address vacant and foreclosed homes and stabilize neighborhoods.
    • Establish land bank authorities (state or country level) or adapt existing models to facilitate REO acquisitions and disposition
    • Establish REO acquisition and management funds
  • Emerging Policy Discussions
    • Vacant Property Registration Ordinances
    • Code Enforcement Coordination and Communication (Mortgage Bankers Association’s web site)
    • CDCs Partnerships
    • Acquisition and Conveyance
      • Entity—land banks, land trusts, HUD asset control areas, development authorities?
      • Neighborhood planning and process
  • Additional Resources www.vacantproperties.org
    • NeighborWorks: www.nw.org
    • Federal Reserve Banks Foreclosure Resource Centers http://www.federalreserve.gov/consumerinfo/foreclosure.htm
    • Genesee County Land Bank: www.thelandbank.org
    • Genesee Institute: www.geneseeinstitute.org
    • LISC: www.liscnet.org/resources
    • Enterprise: enterprisecommunity.org
    • Living Cities: livingcities.org
    • Fannie Mae Foundation: www.knowledgeplex.org
    • Brookings Center on Urban & Metropolitan Policy: www.brook.edu
    • National Housing Institute: www.nhi.org