NHC launches Open House blogMortgagePress.comNational Housing Conference, Open House blog, foreclosure, neighborhood stabilization, David Abromowitz
The National Housing Conference (NHC) has launched its new Open House blog focused on
helping to expand the national conversation about how best to meet
the need for decent, affordable housing. The first topic is
foreclosure prevention and neighborhood stabilization with
practitioners and national experts covering issues that include
promising foreclosure prevention tools and innovative programs
being implemented at the state and local levels.
David Abromowitz, a director and partner with Goulston &
Storrs law firm, serves as the first guest blogger and discusses
innovative state and local approaches to containing the spread of
foreclosures. Goulston & Storrs is known nationally for its
Housing & Economic Development Group, which works on all
aspects of the acquisition, financing and development of
residential real estate and affordable housing. In his blog post,
Abromowitz highlights Massachusetts and Fairfax County, Va., as
areas of the country that have adopted their own unique approaches
to helping curb foreclosures.
"While $4 billion in community development block grant
neighborhood stabilization funding was riding its way for months on
the Capitol Hill roller coaster, states and localities stepped
forward with their own innovations to contain the spreading blight
of foreclosures," said Abromowitz. "As thoughtful and well targeted
as local stabilization efforts may be, however, the sheer avalanche
of foreclosures is likely to bury these efforts if not combined
with Federal resources that flow quickly and easily soon to where
they are needed."
Every four to six weeks, Open House will focus on a different
current and critical issue facing the affordable housing
communitythis will help ensure continued debate through additional
posts and online discussions. Upcoming topics for the blog will
include the impacts of the newly enacted landmark housing bill, as
well as strategies for strengthening the effectiveness of the U.S.
Department of Housing and Urban Development.
For more information, visit www.nhc.org.