article thumbnail

Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

Second, it was very much exacerbated by strong government fiscal and monetary policy actions, especially the record low mortgage interest rates that also generated a massive refinancing boom. This resulted in the government taking them over in September 2008 and injecting $187B of taxpayer money to keep them solvent.

2007 52
article thumbnail

Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

Michigan’s first land bank was founded in 2002 as the Genesee County Land Reutilization Council (now the Genesee County Land Bank ) by Dan Kildee , who later went on to be one of the cofounders and first president of the Center for Community Progress. and the mortgage rate increased 5.6% The Ingham County Land Bank saw a return of $1.82

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Announcing customer and guest speakers for Max Peterson’s Leadership Session at re:Invent 2022

AWS Public Sector Blog

Dr. Whitson, former chief astronaut at the National Aeronautics and Space Administration (NASA), completed her first mission to space in 2002—with an extended stay aboard the International Space Station. She also served as the first female chief of the NASA Astronaut Office at the agency’s Johnson Space Center in Houston from 2009 to 2012.

article thumbnail

The unintended consequences of converting office buildings to housing: the need for public safety; schools; amenities

Rebuilding Place in Urban Space

Screenshot, Downtown Pittsburgh Partnership marketing campaign, 2009. It had been happening for decades (" Having a Longer View on Downtown Living ," Eugenie Birch, University of Pennsylvania, 2002; Get Urban!: I haven't written about this being discussed in a number of places like DC (" D.C. just east of Yonge St.,

article thumbnail

Interpreting Covid-19 as a Disaster

Disaster Planning and Emergency Management

The scenario for a major pandemic was developed over the period 2003-2009 and was first incorporated into emergency plans close to the start of this period. In this process, government shall not usurp its position as the servant of the people but must respond to the collective need, and people must support it.

2020 52
article thumbnail

Community building versus economic development

Rebuilding Place in Urban Space

A problem on Market East and in Philadelphia, they said, is the city government only contemplates the future in response to developers’ wishes. There is no public funding to commit to another project.” People at the forum said the discussion needed to move off an arena-or-nothing dynamic.

article thumbnail

The Social Media President – @POTUS final #SOTU

Public Policy Blog

Bush administration in 2002. We believe that by “broadcasting” the State of the Union across social media and streaming video platforms we are helping American citizens connect to the government that serves them” (Medium.com/@Goldman44). First president to deliver the speech in primetime was Lyndon Johnson in 1965. Bush in 2004.