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.
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
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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The Simple Legislative Tool Transforming Vacant Downtowns
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The States Losing Rural Delivery Rooms at an Alarming Pace
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The Small South Asian Republic Going all in on EVs
Thanks to one simple policy change less than five years ago, 65% of new cars in this Himalayan country are now electric.
DC Backpedals on Bike Lane Protection, Swaps Barriers for Paint
Citing aesthetic concerns, the city is removing the concrete barriers and flexposts that once separated Arizona Avenue cyclists from motor vehicles.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Smith Gee Studio
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City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)