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City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.
October 25 -
Despite recriminations about how the crisis and ensuing regulations have tightened loan access, an actual assessment of mortgage credit availability finds the situation is more complicated.
October 24 -
There are ways to fix vacant housing. So why can't we manage to do it?
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Can community land trusts and Community Reinvestment Act reform fuel investment to stop urban blight?
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The crisis in affordable housing has its roots in the high cost of building entry-level single-family homes. But why does it cost so much to build a house? And what did previous generations do to build affordable housing?
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Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America.
October 10 -
Small towns across the country struggle with vacant housing as much as cities, even though some of those places have plenty of jobs. Geography and a declining population are forcing many rural communities to make hard choices.
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After blue collar jobs move out, crime often rushes in to take its place. That makes efforts to turn around housing that much harder.
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Housing blight — concentrated areas of vacant properties — is harming communities across the country and posing a risk to the financial system. But governments seem powerless to turn it around. We're finding out why. A special 10-part podcast series by American Banker.
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There's a problem in America. Homes are decaying all over the country, even as affordable housing is becoming more scarce. Can we rebuild these communities before it's too late? A trailer introducing a special 10-part podcast series by American Banker.
September 6