As the Federal Housing Administration looks for new ways of dealing with the nation's foreclosed homes, more voices are calling for those homes to be repurposed as rentals.
"A foreclosed home is a problem for the neighbors, the bank that owns it, certainly the family that lost it -- but it's a problem for the rest of us, too. Banks price them at rock-bottom to get rid of them, and that depresses prices for the whole market. The government, through Fannie Mae, Freddie Mac, the Federal Housing Administration -- own hundreds of thousands of foreclosed homes."
Officials are trying to find ways to entice banks into renting out those foreclosures.
Read the full story: Plan would turn foreclosures into rentals
August Expiration Date for Federal Foreclosure Moratorium Raises Concerns
The housing market has yet to devolve like in 2008, thanks to a federal safety net put in place in March, but a wave of foreclosures is still a possibility as protections begin to expire.
Squamish Nation Plans 6,000-Unit Development in Vancouver
The residential development in Vancouver, located on Squamish Nation land, will be significantly larger than what was initially planned.
Research: Low-Cost Rental Housing Disappears While Rental Stock Grows
There are more rental units in the United States than ever, but fewer of them are available at low cost, so there are more cost-burdened renters than ever, according to new research.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Study reveals best places in the U.S. for cycling, walking
New research from Streetlight Data examines bicycle and pedestrian miles per capita in the 100 largest U.S. cities by population.
Federal government nominates new FTA administrator
Mark Aesch is currently the founder and CEO of a transportation management consulting firm.
Developers reveal $10 billion stadium plan as ‘Hail Mary’ to keep Bears in Chicago
The plan would also boast a public park, high- and mid-rise buildings and a youth sports complex.
As Texas embraces carbon storage, a Black community questions the risks
Texas now issues permits for companies to store carbon dioxide underground. East Texas residents fear safety risks, and skeptics doubt the climate benefits.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Charlotte
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello