Community Development Innovation Review

February 2014

Targeted Neighborhood Stabilization: Lessons in Resilience in Weak Market Cities


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.

Download the article (pdf, 350.29 kb)

Other articles in this issue

Innovative Strategies for Mitigating the Foreclosure Crisis and Stabilizing Communities

Policy Lessons from the Neighborhood Stabilization Innovations Initiative

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

Reflections on the Crisis: The Need for Public Sector Entrepreneurialism

Affirmatively Furthering Fair Housing in REO-to-Rental Programs

Foreclosure Recovery: The Work That Remains