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How do we rebuild communities in the wake of the foreclosure crisis?

Author's Note

I'm just as guilty as anyone of living in my own little bubble, but it's impossible not to notice the impact of the foreclosure crisis when you see it on your own street. I've seen bank-owned homes in my neighborhood go for an amazingly small amount of money at auction. It's a tough pill to swallow when you're a homeowner who bought right before the housing bubble burst, but on the other hand, the new owners have generally maintained things nicely. It's good to know that people out there are pulling together and working hard to rebuild their own communities.

Related Links


  • Boston Community Capital. "Stabilizing Urban Neighborhoods." 2011. (May 18, 2012)
  • Habitat for Humanity. "Neighborhood Revitalization Institute." 2012. (May 17, 2012)
  • Immergluck, Dan. "Community Response to the Foreclosure Crisis." Federal Reserve Bank of Atlanta. Oct. 10, 2008. (May 20, 2012)
  • NeighborWorks America. "Designing a Place-Based Plan for Stabilization." 2012. (May 17, 2012)
  • NeighborWorks America. "Common Loan Modification Scams." 2012. (May 18, 2012)
  • Potter, Erik. "Abandoned Brockton homes are being cleaned up under new ordinance." Enterprise News. April 10, 2012. (May 18, 2012)
  • Thompson, Nancy, et al. "Abandoned Homes Threaten Neighborhood Image." Useful Community 2012. (May 18, 2012)
  • U.S. Department of Housing and Urban Development. "Foreclosure Recovery Strategies." 2012. (May 17, 2012)
  • Yip, Pamela. "Is a mortgage modification right for you?" The Dallas Morning News. May 11, 2012. (May 19, 2012)