Remove 2003 Remove 2009 Remove 2022 Remove Government
article thumbnail

Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

The Detroit Land Bank Authority (DLBA) is the nation’s largest land bank, with over 75,000 properties in its inventory as of 2022. In 2003—with the expert guidance of another future Community Progress co-founder, Frank S. Why are there so many land banks in Michigan? and the mortgage rate increased 5.6%

article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

It is considered one of America’s government- sponsored enterprises (GSEs), i.e., public-private hybrid corporations created by Congress and authorized to engage only in a narrowly-tailored set of activities. government and its exemption from income taxes at the federal, state, and local levels. 17 Denial of the subsidy.

2008 59
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.