ABSTRACT
This article examines areas of suspected blight in Portland, Oregon, by analyzing the increase of vacant addresses in vulnerable census tracts between 2015 and 2019 using U.S. Postal Service (USPS) data on vacant residential or no-stat addresses that are reported to the U.S. Department of Housing and Urban Development (HUD). From 2015 to 2019,15.8 percent of vulnerable census tracts experienced suspected blight in the City of Portland, representing 11.4 percent of the total population of Portland. Trends from 2020 to 2021 indicate a general decline of vacancies reported by USPS, suggesting fewer instances of blight in Portland. Further analysis of 2020 to 2021 data and vulnerable census tracts is needed, pending the release of American Community Survey (ACS) data.
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This study investigates COVID-19 related budget revenue losses in US local governments, and their effects on funding and provision of essential public services such as EMS, healthcare, firefighters, police, welfare and public housing services. A survey was sent to county and city governments to learn about their revenue losses for fiscal year 2020 and their effects on funding and service provision. Results show budget revenue loss significantly impacts funding cuts for essential services and is most impactful on welfare and public housing services. Additionally, although funding cuts significantly influence levels of services provided, aid from federal government restrains the extent of funding cuts and the influence of cuts on EMS and healthcare. The findings imply intergovernmental transfers play a pivotal role in averting deep cuts that could be detrimental to saving lives during a crisis. Furthermore, funding availability is key to maintaining appropriate levels of services to help care for the sick and protect the vulnerable in society.
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Serving as an intermediary between donors and a wide variety of regional causes they support, the foundation provides philanthropy and civic leadership to address community challenges. Since Hurricane Katrina devastated the region in August 2005, the foundation has become a recognized expert in philanthropic response to disasters, lauded for the strategic principles underlying deployment of its standing Disaster Response and Restoration Fund and broader disaster response framework (Greater New Orleans Foundation, 2022b). [...]the city and its surrounding region have endured 16 Federal Emergency Management Agency (FEMA) disaster declarations, including three hurricanes during the record-breaking 2020 season in the midst of the COVID-19 pandemic (FEMA, 2021a;National Oceanic Key Points * Disasters create opportunities for philanthropy to rebuild equitably by prioritizing the most vulnerable community members in disaster response and addressing existing disparities and structural inequities in the recovery phase. According to Easterling, these foundations acting as community leaders go beyond traditional grantmaking to convene diverse stakeholders and catalyze cross-sector solutions to community challenges. [...]during the BP oil spill, the Greater New Orleans Foundation pressed Congress to amend provisions for citizen engagement and permanent set-aside funds for unforeseen issues to the RESTORE Act1 providing federal relief (Barry et al., 2012). [...]community foundations might take advantage of brief opportunities created by disasters to address otherwise entrenched deficits and disparities facing their communities, introducing largescale social innovations which might in turn enhance community resilience (Westley, 2013).
ABSTRACT
The methodology uses hedonic regression and propensity score matching econometric techniques to analyse the price of single-family housing prices. [...]the study combines data about zoning changes at the parcel level with nearby housing sales transactions to study any potential externality effects because of rezoning induced by private parties. The seventh paper from South Africa examines the dynamic relationship between house prices and household income per capita in the lower- and low middle-income housing segments. The tenth paper from Australia examined the impact of the recently completed light rail on the level of residential property values.
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Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership chronicles an often overlooked period in the affordable housing literature to show how the shift from racially exclusive housing policies in the 1940s and 1950s (where it was nearly impossible for Blacks to buy high-appreciating homes using low-cost and low-risk federally insured mortgages) to a regime of more inclusive policies in the late 1960s and 1970s laid the foundation for Blacks to lose massive housing wealth decades later during the 2007–2009 Great Recession. [...]instead of finding ways to increase the supply of public housing, the Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) adopted federal housing policies, which continue to this day, that depend on public-private ventures (like Housing Choice vouchers) to house the poor. [...]the book's greatest contribution to the affordable-housing literature is Taylor's blistering account of Nixon administration decisions that forever ceded control of federal housing policies to private mortgage bankers, real estate agents, home builders, speculators, and appraisers (a cabal I label the real estate industrial complex, or REIC).
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The English homelessness scheme has been lauded as being one of the most progressive in the world for offering an individually legally enforceable right to housing to those people who meet the statutory criteria. Its definition of homelessness is also liberal by comparison with many other countries within Europe and beyond, extending significantly beyond the stereotypical rooflessness experienced by rough sleepers. Nevertheless, the scheme is highly selective and targeted, and assesses homelessness through a test of relative need, rather than enshrining a minimally acceptable standard of housing. It thereby creates a category of the marginally housed whose housing needs are assessed as insufficiently poor to be officially categorised as homeless, yet who are living in severely inadequate housing. To reduce the uncertainty and contingency of the current test, the paper proposes the adoption of a new test of habitability.
ABSTRACT
Given the national goal of 'Affordable Housing for all' in India on the one hand, and the utmost need for the revival of Indian economy from the adverse effects of the global pandemic COVID-19 on the other hand, added thrust on housing development is a vital and urgent need in India. With the vast forward and backward linkages of housing industry, it is imperative that Indian housing industry adopts ESG factors to attain the national housing goal and faster economic development of India. CMAs can play a vital role in this ESG adoption process.
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In parallel, pressing questions for public health advocates, policymakers, and community members seeking to end homelessness will include determining which populations to prioritize for intervention and what interventions will yield the most benefit to intervene on this critical driver of health inequity. [...]there are sufficient resources to end homelessness in the United States, communities will struggle with howto allocate limited homeless services. [...]begins the editorial by Shinn and Richard in this issue of AJPH (p. 378), describing, in the absence of necessary resources, which metrics communities can consider employing to determine how homeless services ought to be allocated. Rather, a comprehensive federal housing policy that provides multilevel solutions to ensure long-term housing support is necessary to narrow the racial and sociostructural inequities in homelessness.3 Long-term and sustainable change requires overhauling local eviction laws in states that have highly punitive eviction policies, enacting rent control in urban neighborhoods where housing prices have increased dramatically and far outpaced low- and middleincome wages and increased tenant protections, and significantly expanding housing vouchers as well as greater investment in affordable housing stock to make housing available for individuals and families.
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Purpose>Public-rented flats in Jakarta Province operated by the Management Unit of Public-Rented Flats (MUPRF) experienced budget cuts for the maintenance and treatment activities during the COVID-19 pandemic that hit Indonesia in the early 2020. Currently, the budgeting scheme of the MUPRF uses the local government’s budget in determining the expenditures of public-rented flat. This papers aims to propose an alternative budgeting scheme for the MUPRF.Design/methodology/approach>Soft system methodology (SSM) was adopted to understand the public-rented flats as a whole system, so an alternative budgeting scheme for the MUPRF can be identified and developed. Interviews with an employee of the Department of Community Housing and Settlement of Daerah Khusus Ibukota Jakarta Province were conducted. A rich picture, customer, action, transformation, worldview, owner and environment analyses, conceptual model and a proposed model were developed during the process.Findings>Based on the SSM, it is found that becoming a local public service agency, the MUPRF can be more independent and flexible in managing their budget. The income generated by the public-rented flats can be used directly for their expenditure.Research limitations/implications>Through the SSM, only a conceptual model is developed, which has not yet been implemented in practice. Future studies need to be carried out to evaluate the feasibility of the conceptual model.Originality/value>This research analyses the public-rented flat as a whole system through SSM to identify factors and parties that are involved in the daily activities in public-rented flats to propose a suitable alternative for its budgeting scheme.
ABSTRACT
The recent 27th Annual ABS East Conference at the Fontainebleau in Miami Beach attracted roughly 1,500 attendees from issuers, investors, and government entities. The conference started on Monday, December 13, 2021, and ran through Wednesday, December 15, 2021. The conference was a hybrid event that allowed remote participation via the Internet. The overall mood was strongly positive. This report covers 18 sessions from the event, including the general sessions on Tuesday and breakout sessions covering ESG, the pandemic, mortgage-backed securities, consumer ABS, equipment lease ABS, and aircraft ABS. SESSIONS COVERED Monday Sessions ESG Hub: Analyzing and Implementing a Taxonomy Distressed Credit Trading Opportunities in the Commercial MBS Market ESG Hub: Applications to MBS FIIN Task Force: Consumer ABS Pandemic Recovery Assessment: The RMBS Market Tuesday Sessions IMN & FIIN ABS East Welcoming Remarks The Corporate World Re-Emerging: Pandemic Recovery and Moving Towards a Sustainable Finance Agenda Defining the Real Risks to Our Economy Today Keynote Fireside Chat: The Big Gender Short—Presented by 100 Women in Finance Trends in Non-QM MBS Single Family Rental: A Market Heating Up or Prone to Overheating? Outlook for GSE Mortgage Credit Risk Transfer FIIN Task Force: RMBS Sector Update: Aircraft ABS Wednesday Sessions The Fixed Income Investor Roundtable: Focus Areas for a Post-Pandemic Market Keynote Fireside Chat: Life Insurance Premium Finance—Evolution of a New ABS Asset Class Sector Update: Equipment Leasing Blockchain for ABS: Digitization and Automation Developments in Online Lending
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According to the PAN India Residential Market survey conducted by Anarock in 2020, the Q2 was the worst hit quarter and the new launches were the lowest since 2013 in both the residential and commercial segment. [...]the consumer and investor psychological pattern will take time and turn to showcase purchase behaviour. Realty products are high involvement products and requires intensive research before decision is made. [...]buying a house is considered a complex buying process. According to the model propounded by (Engel, et al., 1968;Howard and Sheth, 1969;Nicosa 1966) on consumer decision making, highlighting the psychological frame and individual behaviour from the time they have encountered the need for the product, quest for information and knowledge, alternative generation and evaluation, purchase of product and post evaluation.
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The methodology uses data from the Federal Reserve’s Survey of Consumer Finances and original survey data from mortgage lenders investigated the effects of student loan debt on first-time home buyers. The sixth paper from China examined to what extent, if any, is a homeowners association (HOA), which is related to a gated community capitalised into the level of housing prices. Housing market data was drawn from various real estate agencies with the findings confirming the age of the house, existence of central heating and/or parking had no significant effect on prices. The methodology used a double-layer analytic hierarchy process (AHP) approach to examine 15 geospatial factors where these factors were categorised into physical, social, economic, legal and environmental, forming the first layer, while its subcategory is the second layer.