Furman Center Releases New Report on Public School Students in Homes Facing Foreclosure
October 4, 2010: While researchers have noted the deleterious effects of foreclosure on surrounding properties and neighborhoods, little is known about the effects of foreclosure on children. A new report, Kids and Foreclosure: New York City , released today by researchers at New York University’s Institute for Education and Social Policy (IESP) and Furman Center for Real Estate and Urban Policy, begins to address the issue by estimating the number of students in New York City affected by the current foreclosure crisis. “This study shows that the number of children living in foreclosed buildings in New York City is large and growing, and the impact falls disproportionately on black children.” said Ingrid Gould Ellen, Faculty co-Director of the Furman Center and a Professor at NYU’s Wagner Graduate School of Public Service. View press release.
Posted October 4th 2010
Furman Center Researchers Presenting Seven Papers at APPAM
The Furman Center’s cutting edge research will be presented at the 32nd annual Association for Public Policy Analysis and Management Research Conference on November 5-7, 2010. The papers presented span the gamut of Furman’s innovative work, from studies of pioneering households to the impact of foreclosure crises, from analysis of land use regulations to homeowner investment decisions. In addition, Ingrid Gould Ellen will chair a roundtable titled “There’s No Place Like Home: Understanding the Whirlwind of Housing Statistics.” The discussion will build on recent efforts to understand the quality, scope and utility of housing and housing finance data available today. View the full list of Furman Center APPAM presentations.
Posted September 29th 2010
Furman Center Scholar Wins Planning Law Writing Competition
Michael Nadler, a 2009 Furman Center research assistant and NYU Law student, was awarded first prize in the American Planning Association’s annual Smith-Babcock-Williams Student Writing Competition. Nadler will receive a $2,500 prize and his paper, “The Constitutionality of Community Benefits Agreements: Addressing the Exactions Problem,” will be published in the Spring 2010 issue of the Urban Lawyer. View press release.
Posted September 29th 2010
Ingrid Gould Ellen Speaks at Treasury Conference on Housing Finance
On August 17, 2010, Ingrid Gould Ellen joined a panel of experts to speak at the Obama Administration’s Conference on the Future of Housing Finance, hosted by the Department of Treasury and HUD. Drawing on ideas from a cross-section of stakeholders, the conference will inform the administration’s comprehensive housing finance reform proposal scheduled for delivery to Congress by January 2011. Ingrid’s remarks were based on recommendations from a Furman Center White Paper released earlier this year, exploring options for the future of Fannie Mae and Freddie Mac. View media coverage.
Posted August 17th 2010
Ingrid Gould Ellen Releases New Book: How to House the Homeless
Homelessness is one of the most troubling and persistent social problems in the United States, yet experts can neither agree on its root causes nor on how to eradicate it. Ingrid’s new book, co-edited with Brendan O’Flaherty, professor of economics at Columbia University, proposes that the answers entail rethinking how housing markets operate and developing more efficient interventions in existing service programs. How to House the Homeless makes clear the inextricable link between homelessness and housing policy, and critically reassesses where we are now, analyzes the most promising policies and programs going forward, and offers a new agenda for future research.
Posted July 29th 2010
Sarah Gerecke Testifies Before the CRA Interagency Public Hearing
On July 19, 2010, Sarah Gerecke testified before the CRA Interagency Public Hearing, jointly held by The Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), The Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision (OTS). Her testimony drew from Furman Center research and emphasized the need for (1) consistent, timely and rigorous data-driven analysis to measure both local community credit needs and also the impact of CRA programs in meeting those needs, and (2) more incentives for financial institutions to support a broader range of community development activities.
Posted July 21st 2010
Furman Center Releases Two New White Papers in Conjunction With the What Works Collaborative
On June 3, 2010, the Furman Center announced the release of two new white papers: Improving U.S. Housing Finance through Reform of Fannie Mae and Freddie Mac: Assessing the Options; and Building Environmentally Sustainable Communities: A Framework for Inclusivity. The first is a timely assessment of alternative proposals for the future of Fannie Mae and Freddie Mac, ranging from nationalization to dissolution. The paper explains the role Fannie and Freddie have played, explores the goals a healthy secondary market for both single- and multifamily housing should serve, and develops a framework to help understand and evaluate the various proposals for reform. The second, written in collaboration with researchers at The Urban Institute, explores the intersection of two of HUD’s policy goals—encouraging sustainable communities and enhancing access to opportunity for lower-income people and people of color—and includes an original empirical analysis of how these goals interact at the neighborhood and metropolitan area levels. Both of these white papers were completed as part of the What Works Collaborative, a foundation-supported partnership that conducts timely research and analysis to help federal, state and local housing policy-makers frame and implement evidence-based housing and urban policy agendas.
Posted June 3rd 2010
Furman Center Releases State of New York City’s Housing and Neighborhoods Report 2009
On March 25, 2010, the Furman Center released the State of New York City’s Housing and Neighborhoods 2009 report. This year we examine New York City’s recent building boom, evaluate the state of mortgage lending in the City, highlight the state of immigrant New Yorkers and immigrant neighborhoods, and, as always, provide detailed data on housing and demographic trends in each of the City’s 59 community districts. View press release.
Posted March 25th 2010
Furman Center Releases New Analysis of the City’s Rezonings
On March 22, 2010, the Furman Center released a new report, How Have Recent Rezonings Affected the City’s Ability to Grow? The report—the first comprehensive statistical analysis of the City’s rezoning strategy—examines the net impact of the 76 rezonings initiated by the City between 2003 and 2007. View the press release.
Posted March 22nd 2010
Furman Center Launches New Institute for Affordable Housing Policy
On February 22, 2010, the Furman Center hosted Mayor Bloomberg for a speech announcing the City’s updated New Housing Marketplace Plan. This was the inaugural event for the Center’s new Institute for Affordable Housing Policy, a new initiative to leverage the Furman Center’s research and expertise to help affordable housing thought leaders arrive at effective solutions to housing issues that are based on research, data, and rigorous evaluation of innovative practices.
Posted February 23rd 2010
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