Over Forty National, Local, and Land Bank Stakeholders Join Community Progress in Asking Bank Regulators to Strengthen the CRA

The Federal Reserve headquarters in Washington, DC.

On August 5th, 2022, Community Progress and forty-three supporting organizations across the country submitted a public comment calling for the modernized Community Reinvestment Act to center racial equity and embed land banking strategies. You can read our comment here. Passed in 1977, the Community Reinvestment Act (“CRA”) is one of the most important pieces of…

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Building Resilience: Leveraging Innovative Partnerships and Low Cost Capital to Meet Affordable Single-Family Housing Needs

A large brick multi-story building with a vertical red neon sign reading "Ponce."

This is an excerpt of Chapter 10 of Tackling Vacancy and Abandonment: Strategies and Impacts After the Great Recession, jointly produced by the Center for Community Progress, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. It has been lightly edited and condensed for the web. In this chapter, John O’Callaghan,…

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Read President/CEO Dr. Akilah Watkins’ US House of Representatives Ways & Means Committee Affordable Housing Testimony

On July 13, Community Progress CEO and President Dr. Akilah Watkins spoke before the The US House of Representatives Ways & Means Committee in a hearing called “Nowhere to Live: Profits, Disinvestment, and The American Housing Crisis.”  The hearing discussed factors driving up housing costs, the effects of these costs on low- and middle-income households and marginalized…

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Lessons from 2022 VAD Academy

On June 15, more than 900 people joined us for the 2022 VAD Academy—a day-long virtual bootcamp for professionals and community partners whose work and communities are impacted by vacant, abandoned, and deteriorated (VAD) property challenges. Throughout the day, experts from Community Progress led trainings on the causes of systemic vacancy, the basics of land…

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Approaches to Rural Property Vacancy in Law and Policy

This is an excerpt of Chapter 8 of Tackling Vacancy and Abandonment: Strategies and Impacts After the Great Recession, jointly produced by the Center for Community Progress, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. It has been lightly edited and condensed for the web. In this chapter, Ann M.…

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Developing and Implementing Property Remediation Strategies in Urban and Rural Communities in the Lehigh Valley: A Case Study of Bethlehem and Northampton County, Pennsylvania

Photography of the Lehigh Valley, with trees in the foreground and a small city in the background.

This is an excerpt of Chapter 6 of Tackling Vacancy and Abandonment: Strategies and Impacts After the Great Recession, jointly produced by the Center for Community Progress, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. It has been lightly edited and condensed for the web. In this chapter, Reinvestment Fund’s Emily…

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Does a Nonprofit “First Look” Program Promote Neighborhood Stabilization? Examining Outcomes for REO Sales in Florida

A wood-sided house house with chipping blue paint that is under construction.

This is an excerpt of Chapter 5 of Tackling Vacancy and Abandonment: Strategies and Impacts After the Great Recession, jointly produced by the Center for Community Progress, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. It has been lightly edited and condensed for the web. In this chapter, Andrew Jakabovics…

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