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Federal Reserve Board of Governors

Neighborhood Revitalization


Communities across the country are facing the challenge of dealing with the destabilizing impacts of foreclosed properties. The following resources provide information and strategies for communities working to preserve and revitalize their neighborhoods. Specific resources are also available for consumers; Systemwide information is available from the 12 Reserve Bank Foreclosure Resource Centers.

Putting Data to Work: Data-Driven Approaches to Strengthening Neighborhoods (PDF) | HTML
December 12, 2011
This publication offers case studies and best practices for community development professionals, who want to increase their capacity to gather, analyze, disseminate, and use data to inform and support neighborhood stabilization decisions and activities.  

REO and Vacant Properties: Strategies for Neighborhood Stabilization (4.6 MB PDF) 
September 1, 2010
This publication contains seventeen articles that examine a variety of neighborhood stabilization issues. The collection highlights both areas of need--such as for data, technology, and collaboration--and promising solutions from communities across the country. Examples include the Cuyahoga County, Ohio, land bank that holds vacant properties until they can be returned to productive use, and Boston Community Capital’s efforts to purchase foreclosed properties and sell them back to former owners or tenants using a licensed mortgage affiliate.

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Last update: August 2, 2013