Furman Center and IESP Recieve MacArthur Grant to Study Impact of Foreclosures on School Performance

February 7, 2011: NYU’s Furman Center and the Institute for Education and Social Policy have been named one of nine MacArthur Foundation grant recipients, as part of the Foundation’s $25 million initiative on How Housing Matters to Families and Communities. The initiative is based on the premise that stable, affordable housing is an essential platform that promotes positive outcomes in education, employment, and physical health by helping to ensure a greater return from other social and public investments. After a competitive selection process, NYU’s Furman Center and Institute for Education and Social Policy, along with researchers from the University of Connecticut, the Institute for Policy Research at Northwestern University, and the School of Public and Environmental Affairs at Indiana University, were a awarded an $800,000 award for research into the impact of housing instability due to foreclosure on school performance. View the press release.