Following the Sunday June 14th session the US Conference of Mayors (USCM) released their 2009 Vacant and Abandoned Properties Survey and Best Practices.This Survey is the third in a series of reports prepared by The U.S. Conference of Mayors on cities’ efforts to combat problems of vacant and abandoned property. It updates and expands upon reports published in 2006 and 2008 and focuses on the impact of the mortgage foreclosure crisis on the problems created by vacant and abandoned properties and on cities’ efforts to manage them. Sixty cities responded to a set of survey questions sent to mayors at the end of April; 24 cities submitted descriptions of one or more “best practices” that have been or are being implemented to address their problem properties, touching on the following subjects:
Increase in Vacant and Abandoned Properties
Impact of the Foreclosure Crisis on Vacant and Abandoned Property Efforts
Neighborhood Stabilization Program
Changes in Local Ordinances and Policies
Seriousness of the Mortgage Foreclosure Problem
Impact of the Current Economic Recession
Mortgage Foreclosure Problems in the Next Year
Read report in full:
http://usmayors.org/pressreleases/uploads/VACANTANDABANDPROP09.pdf
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