Addressing the Foreclosure Crisis: Action-Oriented Research in Three Cities

Addressing the Foreclosure Crisis: Action-Oriented Research in Three Cities

The Urban Institute has issued a final report on its National Neighborhood Indicators Partnership, a one-year effort to explore whether institutions could, in a relatively short time, acquire and utilize neighborhood-level data to influence local policy related to the foreclosure crisis. Funded by Fannie Mae, the report, Addressing the Foreclosure Crisis: Action-Oriented Research in Three Cities (46 pages, PDF), found that NNIP partners in Atlanta, Chicago, and Washington, D.C., were successful in assembling and analyzing relevant data and using the data to engage key decision makers in promising new activities to address the problem of foreclosures. However, because foreclosures are difficult to address when approached jurisdiction-by-jurisdiction, the report makes the case for providing support to both local data intermediaries and institutions that can put the data to good use at a national level.