The Federal Reserve Bank of Cleveland provides an early assessment of a new foreclosure law in Ohio designed to help reduce vacant and blighted properties in the state.
An article by Michelle Park Lazzette details a new state law in Ohio that fast-tracks foreclosures of vacant and abandoned properties.
Lazzette checks in with community development experts from the Federal Reserve Bank of Cleveland, the same organization that targeted the need for such a law in a 2013 white paper. Their verdict: the success of the new law will all come down to implementation.
Potential sticking points for the new law include local jurisdictions, financial institutions, and some local housing advocates, according to the Cleveland Fed experts cited in the article. The potential benefits of the new law, however, include lower costs to local jurisdictions and neighbors.
FULL STORY: A Faster Foreclosure Option for Vacant, Abandoned Properties
Ohio Bans the Use of Plywood to Board Up Vacant Buildings
The state of Ohio is expanding a practice used by the Fannie Mae to counter the negative effects of vacancies and blight.
The External Costs of Vacant Homes
It might seem obvious that vacant homes attract crime and other noxious elements to surrounding properties, but researchers are still working to quantify those external costs.
$160 Million in Bond Funding for Demolitions on the Ballot in Detroit
Proposal N, on the ballot for Detroit voters next week, will provide $160 million in bond funding for demolitions and $90 million to mothball homes for future rehab, but, according to this opinion, it won't solve the city's blight challenges.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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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.
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Central Transportation Planning Staff/Boston Region MPO
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