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Unpublished Paper
Reconstructing Neighborhoods: Case Studies in Foreclosed Housing Acquisition and Redevelopment by Community Development Corporations
Housing and Society (2015)
  • David A Turcotte, University of Massachusetts - Lowell
  • Michael P Johnson, Jr., University of Massachusetts Boston
  • Emily Vidrine, University of Massachusetts - Lowell
  • Rachel B Drew, University of Massachusetts Boston
  • Felicia M Sullivan, University of Massachusetts Boston
Abstract
Community development corporations (CDCs) play a central role in addressing the foreclosed housing crisis in America’s urban neighborhoods. The success of CDCs, however, is closely tied to market forces, neighborhood characteristics, and policies at multiple levels, as well as factors internal to CDCs. What factors support or impede the success of CDCs that operate in such complex environments? We examine the experiences of two CDCs serving two small, ethnically diverse cities in Massachusetts regarding resources, policy, practices and local markets related to neighborhood revitalization. We derive lessons about the factors internal and external to these CDCs that affect their ability to acquire and redevelop foreclosed housing in the target areas they serve.
Keywords
  • Foreclosure; housing; case study; community development corporations; policy analysis
Publication Date
2015
Citation Information
David A Turcotte, Michael P Johnson, Emily Vidrine, Rachel B Drew, et al.. "Reconstructing Neighborhoods: Case Studies in Foreclosed Housing Acquisition and Redevelopment by Community Development Corporations" Housing and Society (2015)
Available at: http://works.bepress.com/rachel_drew/5/