Reflections on the Crisis: The Need for Public Sector Entrepreneurialism

Author(s): Mercedes Márquez, Los Angeles Housing + Community Investment Department

In 2012, Mercedes Márquez left her post as the U.S. Department of Housing and Urban Development’s (HUD) Assistant Secretary of Community Planning and Development to return to Los Angeles and resume her role as the head of its Housing Department (LAHD). By virtue of these dual roles, she had the unique opportunity to see the foreclosure crisis and the response from both the local and federal policy perspective.

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Other articles in this issue

Innovative Strategies for Mitigating the Foreclosure Crisis and Stabilizing Communities

Policy Lessons from the Neighborhood Stabilization Innovations Initiative

Targeted Neighborhood Stabilization: Lessons in Resilience in Weak Market Cities

Scaling Social Enterprises: Flexible Responses for Neighborhood Stabilization

Rethinking Tenure: Building a Diverse Landscape of Affordable Housing Options

Strengthening Neighborhood Stabilization: Refining Business Models for Housing Counseling

The Federal Housing Administration’s Distressed Asset Stabilization Program: An Innovative Solution for Addressing the National and Local Impacts of the Recession

Affirmatively Furthering Fair Housing in REO-to-Rental Programs

Foreclosure Recovery: The Work That Remains