News Updates
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Johanna Lacoe Presents at 11th Crime Mapping Research Conference
Oct. 20, 2011: Furman Center Doctoral Fellow Johanna Lacoe presented at the Crime Mapping Research Conference in Miami, Florida. The presentation discussed findings from the study “Do Foreclosures Cause Crime”, which finds that foreclosures on a blockface lead to additional violent crimes and public order crimes, and these effects are largest when foreclosure activity is measured by the number of bank-owned properties on a blockface. View presentation.
Posted October 20th 2011
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Ingrid Gould Ellen Participates in Workshop at the Housing Justice Network National Meeting
Oct. 17, 2011: Furman Center Faculty Co-Director Ingrid Gould Ellen joined the workshop, “Can We Achieve Diversity and Stability in Gentrifying Neighborhoods” at the Housing Justice Network National Meeting in Washington, D.C. The workshop explored the question of how to harness improvements associated with gentrification for the benefit of existing neighborhood residents without displacement. View program.
Posted October 17th 2011
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Mark Willis Participates in NYSAFAH Housing Summit Panel
Oct.14, 2011: Furman Center Resident Research Fellow Mark Willis joined the panel “The Future of Multi-Family Housing Finance: HUD Programs, GSE and FHA Reform”. The Washington, D.C. Housing Summit was the first hosted by the New York State Association for Affordable Housing. View program.
Posted October 13th 2011
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Vicki Been Speaks at the Municipal Art Society Summit for New York City
Oct. 13, 2011: Furman Center Faculty Director Vicki Been spoke at the second annual Municipal Art Society Summit for New York City. The panel, “A New Zoning Resolution for 21-Century New York,” explored critical questions about New York City’s zoning resolution, which turns 50-years-old this year, including how zoning can address some of New York City’s most pressing problems. More information.
Posted October 13th 2011
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Furman Center Releases New Report on Federal Loan Limit Reductions
Oct. 11, 2011: A new paper by the Furman Center, A Canary in the Mortgage Market? Why the Recent FHA and GSE Loan Limit Reductions Deserve Attention, explores the potential implications of recent reductions in the maximum loan size that can be guaranteed by Fannie Mae and Freddie Mac (Government-Sponsored Enterprises or GSEs), or insured by the Federal Housing Administration (FHA) in many parts of the country. The changes, which went into effect on Oct. 1, 2011, represent the first step in a long-term policy goal to reduce the federal government’s current role in the mortgage system. The reductions will also be a significant test of the private mortgage finance system. View Factsheet.
Posted October 11th 2011
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Ingrid Gould Ellen Presents at HUD’s Quarterly Housing Market and Research Update Panel
Sept.19, 2011: Furman Center faculty co-director Ingrid Gould Ellen presented at the Quarterly Housing Market and Research Update briefing hosted by HUD Assistant Secretary Raphael Bostic. The panel discussed findings from American Murder Mystery Revisited: Do Housing Voucher Households Cause Crime? which examines neighborhood crime and voucher utilization data from 10 large cities and finds that voucher holders do not increase neighborhood crime. The discussion of these findings begins to dispel prior claims regarding the relationship between HVC program participants and neighborhood crime.
Posted September 19th 2011
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Mark Willis Participates in the 2011 Donald I. Terner Memorial Roundtable Discussion Panel
Sept. 9, 2011: Furman Center Resident Research Fellow Mark Willis joined the panel “Innovative Directions in Housing Development, Finance & Policy” at the University of California, Berkeley. The I. Donald Terner Memorial Housing Roundtable provides an opportunity to engage both leading academic researchers in the field of urban housing, along with key practitioners from private, public and non-profit sectors around a series of pressing questions.
Posted September 12th 2011
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Furman Center Launches Subsidized Housing Information Project
Sept. 8, 2011: The Furman Center released the Subsidized Housing Information Project (SHIP), a database containing financial and physical information on nearly 235,000 units of privately-owned, subsidized rental housing in New York City developed with major government programs. The data is accessible through a user-friendly, interactive data search tool available here. The Furman Center’s Institute for Affordable Housing Policy simultaneously released the State of New York City’s Subsidized Housing report, which provides a comprehensive analysis of the properties in the SHIP database, and identifies opportunities to preserve affordable housing in the coming years. Additionally, the Institute released an online Directory of New York City Affordable Housing Programs, a reference tool explaining nearly 200 unique housing programs that have been employed in New York City. View the press release.
Posted September 8th 2011
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Furman Center Releases New York City Quarterly Housing Report
August 18, 2011: In an analysis of second quarter housing indicators, the Furman Center finds that home sales volume declined 20 percent from the first to the second quarter of 2011, although home prices citywide held steady. The report also finds that new construction is slowly starting to return. The Quarterly Housing Update is unique among New York City housing reports because it incorporates sales data, new construction indicators, and foreclosures. It also presents a repeat sales index for each borough to capture price appreciation while controlling for housing quality. View the press release.
Posted August 18th 2011
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Furman Center Releases New Report on Mortgage Lending to Vulnerable Communities
August 10, 2011: New research released by the Furman Center finds that across the U.S., the number of home purchase mortgages issued to low- and moderate-income borrowers jumped by 26 percent in 2009, even as overall home purchase lending declined. The new data brief, Mortgage Lending to Vulnerable Communities: A Closer Look at HMDA 2009, finds that lending to low- and moderate-income homebuyers increased nationwide in 2009, despite a reduction in the number of home purchase mortgages issued to higher income borrowers. Lending in low- and moderate-income neighborhoods, on the other hand, did not see a similar increase. View the press release.
Posted August 10th 2011
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