Community and Economic Development Program of UNC

DECEMBER 9, 2022

CLTs offer reliable stewardship of community land assets and a long-term promise of affordable housing (Davis 2010). CLT homeownership helps to protect property values from economic shocks—both the property owned by the trust and other properties nearby (Decker 2018, Nelson 2020). Cambridge, MA: Lincoln Institute of Land Policy, 2010.

2010 91

2010 Housing 2015 2011 91

Center for Community Progress

AUGUST 25, 2022

In particular, the organization’s Foreclosure Response Program—launched in 2008 in direct response to the devastating foreclosure crisis—has proven a resilient model for affordable single-family development. ANDP Single-Family Developments Shaded by LMI Census Tracts, January 2010 – June 30, 2020.

Housing 98

Housing 2020 2008 Development 98

The Stoop (NYU Furman Center)

MARCH 4, 2024

11 This core flaw of GSE design was described by then-Secretary of the Treasury Henry Paulson when F&F were placed into conservatorship in 2008. ” The Pre-2008 Fannie Mae and Freddie Mac F&F were relatively small prior to the Savings & Loan (S&L) Crisis of 1989, having only a single-digit market share of funding U.S.

2008 88

2008 Legislation Housing 2004 88

The Stoop (NYU Furman Center)

SEPTEMBER 5, 2023

Under the pressure of the financial crisis, in mid-2008, the market began to lose confidence in the implied guarantee given its informal and unwritten nature. This included: Developing an updated capital requirement broadly consistent with post-2008 bank regulatory requirements. [9] government (i.e., trillion amount.

Legislation 105

Legislation 2008 2012 2019 105