Regional Housing Forum
The third quarter meeting of the Atlanta
Regional Housing Forum is scheduled for
Wednesday, September 1, 2010. Join us as we
discuss Transit-Oriented Development and
Affordable Housing MORE
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Foreclosure Watch
Foreclosure filings in the 20 county region
reach a stunning monthly record - 15,009 - up
55% from July and up 30% from the August 2009
level. For the fourth consecutive month,
Gwinnett county leads the 20 county region.
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Agencies Propose CRA Change
Hearings on the proposed
changes to the Community Reinvestment Act (CRA) have been scheduled throughout the U.S.
The Atlanta hearing is was held August 6. The
proposed change specifically would encourage
depository institutions to support the NSP
program administered HUDJohn O'Callaghan was
among others who provided testimony and spoke to
regulators. Check back soon for details
from the hearing.
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Report: Foreclosures by Race
In its recently released report, Foreclosures by
Race and Ethnicity: The Demographics of a
Crisis, the Center for Responsible Lending shed
light on the nation's foreclosure crisis by
using government and industry data to estimate
the number of foreclosures in recent years and
their impact by race and ethnicity. Among recent
borrowers, the report estimates that nearly 8%
of both African Americans and Latinos have lost
their homes to foreclosure compared to 4.5% of
whites
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USDOT & HUD Announce Sustainability, Livability
Collaborative
Together, the U.S. Departments of Transportation
(DOT) and Housing and Urban Development (HUD),
for the first time ever, will join forces to
award up to $75 million in funding – $35 million
in TIGER (Transportation Investment Generating
Economic Recovery) II Planning Grants and $40
million in Sustainable Community Challenge
Grants for localized planning activities that
ultimately lead to projects that integrate
transportation, housing and economic
development.
MORE
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Quarterly Newsletter
Each quarter, we publish a newsletter, "The
Housing Report," touching on a variety of topics
- from foreclosure to recovery of the economy
and the housing industry. To be sure you receive
notice of these publications, be sure to sign-up
below.
Q1 Issue - June 2009
Q3 Issue - September 2009
Q4 Issue - December 2009
Q1 Issue - March 2010 |
Featured Reports
Analysis of Change in Property Tax
Values from 2008 to 2009 in High Foreclosure Rate
Neighborhoods; Atlanta Neighborhood
Development Partnership, Inc. and RCLCO (2010).
Press Release
Regional Resilience in the Face of
Foreclosures: Evidence from Six Metropolitan Areas;
Todd Swanstrom, University of Missouri-St.
Louis; Karen Chapple, University of California,
Berkeley; Dan Immergluck, Georgia Institute of
Technology for University of California-Berkley and the
Macarthur Foundation (2009).
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Housing
+ Transportation
The data
available on housing affordability and transportation
costs imposed on the region’s households indicate that
the cost of shelter only presents half the picture for
affordability in the region. While living great
distances from employment centers and incurring long and
costly commutes in exchange for less expensive housing
prices has traditionally been the trend for Atlanta, in
the face of rising energy costs and amplified traffic
congestion this pattern is proving unsustainable and
unaffordable.
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