Patrick Morrissy discusses his experience with HANDS, a small-scale community development corporation that's made a big impact in Orange, N.J. CDCs can stay relevant, he says, not if they go to scale, but if they take risks in a leadership role.
Sep 2, 2013 Shelterforce
The sale of distressed mortgages is far less publicized than talk of the market for foreclosed properties. But these loans are being actively traded—in 2011 this activity included 149,000 loans which translates to roughly $26 billion in trades.
May 27, 2012 Shelterforce Magazine
With hundreds of billions of dollars in short-term commercial real estate loans underwater, it's safe to say commercial real estate is in trouble. But can community development corporations confront the lending shortfall?
Aug 13, 2011 Shelterforce
Paul Grogan headed LISC for 13 years in the 1980s and 1990s, and it's been 10 years since his influential book, "Comeback Cities", was published. How has Mr. Grogan's "blueprint for urban revival" held up, ten years on?
Apr 2, 2010 Fels Institute of Government