In a new study, Karen Black with May 8 Consulting Research “summarizes the existing research about the effectiveness of certain policy interventions to help stabilize low- and moderate-income neighborhoods after a macroeconomic shock. This document is designed to help practitioners design and implement evidence-based neighborhood stabilization and revitalization policies.”
The following interventions are explored:
- Code Enforcement
- Counseling for Foreclosure Prevention
- Demolition of Residential Distressed Properties
- First Look Programs
- Foreclosure Mitigation Programs
- Greening Vacant Lots
- Land Banks and Alternatives to Tax Sale Auctions
- Multi-Pronged Investment Strategies
- Scattered Site Single-Family Housing Rehabilitation
- Significant Targeted Neighborhood Investment
- Access to Credit
- Community Land Trusts
- Sideyard Purchase Program
- Tax Policies
To access the research, please click here.