Federal Reserve Bank of San Francisco

Community Development

Targeted Neighborhood Stabilization: Lessons in Resilience in Weak Market Cities


February 2014

Community Development Investment Review

In this article, we define what we mean by “weak markets” and describe the challenges that weak markets pose to affordable housing development and neighborhood stabilization. We then provide an overview of our respective efforts in Cleveland, Ohio and Springfield, Massachusetts and describe the initiatives that we have launched to target resources strategically as part of our neighborhood stabilization efforts.

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