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Friday July 3, 2009

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Housing

RESEARCH AND COMMENTARY

Save to My PortfolioPolicies for Tackling the Mortgage Mess

Douglas W. Elmendorf, April 10, 2008, Senate Committee on Banking, Housing, and Urban Affairs

Policies for Tackling the Mortgage MessCongress and the administration are moving forward in myriad ways to boost beleaguered homeowners and put the economy back on track. Doug Elmendorf, testifying before the Senate, urged policy-makers to expand the role of the Federal Housing Administration to help families in trouble refinance their mortgages, and offered comments on the compromise Senate housing bill. Read More

Mortgage Market, Housing, Fiscal Policy, Troubled Asset Relief Program, Real Estate

RESEARCH AND COMMENTARY

Save to My PortfolioState and Federal Policy in the Foreclosure Crisis

Alice M. Rivlin, May 28, 2008, National Governors Association

The following remarks were delivered by Alice Rivlin during a luncheon speech at the State on Foreclosures and Housing Solutions hosted by the National Governors Association. Illustrating the effects of both the credit and foreclosure crisis providing reasons for optimis in the current state of the economy. Read More

Mortgage Market, Housing, Troubled Asset Relief Program, U.S. Economy

RESEARCH AND COMMENTARY

Save to My PortfolioThe Great Credit Squeeze: How It Happened, How to Prevent Another

Martin Neil Baily, Douglas W. Elmendorf and Robert E. Litan, May 16, 2008, The Brookings Institution

With the U.S. financial system still in a perilous state, Martin Baily, Doug Elmendorf and Bob Litan diagnose what caused the crisis and offer prescriptions for policy change. The authors of this new Brookings paper address two challenges: to resolve the immediate problems and to reduce the likelihood that these problems recur. Read More

Financial Markets, Financial Institutions, Troubled Asset Relief Program, Fiscal Policy, Mortgage Market

BOOK

Save to My PortfolioCreating an Opportunity Society

Ron Haskins and Isabel V. Sawhill, September 15, 2009

Creating an Opportunity Society examines economic opportunity in the United States and explores how to create more of it, particularly for those on the bottom rungs of the economic ladder. Read More

Economic Mobility, Children & Families, Education, Federal Budget, Marriage and Family Formation

UPCOMING EVENT

Save to My PortfolioFrom Despair to Hope: Two HUD Secretaries on Urban Revitalization and Opportunity

Tuesday, July 14, 2009
1:00 PM to 2:30 PM
Washington, DC

On July 14, the Metropolitan Policy Program will host Housing and Urban Development (HUD) Secretary Shaun Donovan and former HUD Secretary Henry Cisneros for a discussion on the next steps for urban revitalization and opportunity. Secretary Donovan will announce new funding for the current HOPE VI program and will outline the future of Choice Neighborhoods. Read More

Housing, U.S. Department of Housing and Urban Development, Cities

RESEARCH AND COMMENTARY

Save to My PortfolioBig City Populations Survive the Housing Crunch

William H. Frey, July 01, 2009, The Brookings Institution

New census numbers provide the first real glimpse of how America’s big cities appear now as the major survivors of the nation’s recent housing doldrums. William Frey concludes that it remains to be seen how unemployment will impact growth in these cities and their suburbs and how they will respond when the housing market eventually recovers. Read More

Housing, Demographics, Cities, Regions and States

RESEARCH AND COMMENTARY

Save to My PortfolioA New Generation of Federal Housing Policy

Bruce Katz, June 29, 2009, Center for Housing Policy’s Learning Conference

Before the Center for Housing Policy’s Learning Conference on State and Local Housing Policy in Chicago, IL, Bruce Katz outlined a new architecture for national housing policy for the US Department of Housing and Urban Development. Read More

U.S. Department of Housing and Urban Development, Housing, U.S. Economic Growth

RESEARCH AND COMMENTARY

Save to My PortfolioJoining Up Transportation, Housing, and Environmental Policy

Robert Puentes, June 17, 2009, The Brookings Institution

Robert Puentes argues that a new federal interagency partnership, debuted before the Senate this week, could provide the federal leadership necessary for a unified vision of transportation, housing, and environmental policy designed to tackle our interrelated economic, energy, and climate challenges. Read More

Economic Development, Energy Security, Transportation, Environment, Housing

RESEARCH AND COMMENTARY

Save to My PortfolioTracking Economic Recession and Recovery in America’s 100 Largest Metropolitan Areas

June 2009, The Brookings Institution

The first in a series of interactive quarterly reports, the MetroMonitor ranks the nation’s 100 largest metro areas—which generate three quarters of U.S. output—on key indicators of economic performance. It reveals that metropolitan areas, even those within the same regions of the country, have felt the pain of the downturn at radically varying levels. The findings reinforce that a truly nationwide recovery will require targeted policies that address the nation’s diverse metro economies. Read More

Cities, Regions and States, U.S. Economy, Unemployment, Housing

RESEARCH AND COMMENTARY

Save to My PortfolioAddressing Ohio's Foreclosure Crisis: Taking the Next Steps

Alan Mallach, June 05, 2009, The Brookings Institution

Addressing Ohio's Foreclosure Crisis: Taking the Next StepsFacing the worst foreclosure crisis since the Great Depression, the state of Ohio has responded by focusing on helping individuals keep their homes. Ohio must direct more attention and more resources to the devastating effects that foreclosures are having on entire communities, from the urban neighborhoods of Cleveland or Cincinnati to suburban and rural communities across the state. Read More

Mortgage Market, Housing, Banking, Cities, Community Development

RESEARCH AND COMMENTARY

Save to My PortfolioBudget 2010: Sustainability and Quality Places

Jennifer Bradley, May 14, 2009, The Brookings Institution

Budget 2010: Sustainability and Quality PlacesJennifer Bradley argues that sustainable growth strengthens existing cities and communities, conserves fiscal and natural resources, and advances U.S. efforts to address climate change and achieve energy independence—a central theme of the Brookings Metropolitan Policy Program’s Blueprint for American Prosperity Read More

Federal Budget, Metropolitan Recovery and Spending Priorities, Economic Mobility, Housing, Sustainable Development

RESEARCH AND COMMENTARY

Save to My PortfolioMetro Potential in ARRA: An Early Assessment of the American Recovery and Reinvestment Act

Mark Muro, Jennifer Bradley, Alan Berube, Robert Puentes, Sarah Rahman and Andrew Reamer, March 30, 2009, The Brookings Institution

America’s national economic crisis is also a metropolitan crisis, because metropolitan areas are the true engines of the national economy. So it matters intensely how well the American Recovery and Reinvestment Act (ARRA) empowers metropolitan leaders to boost prosperity. This paper finds that although ARRA is limited in its support for creative metropolitan-area implementation, it delivers critical investments in what matters to metros and holds out significant opportunity for metropolitan empowerment and problem-solving. Read More

U.S. Economic Stimulus, Metropolitan Recovery and Spending Priorities, Federal Budget, Fiscal Policy, Economic Development

RESEARCH AND COMMENTARY

Save to My PortfolioCreating Livable Communities: Housing and Transit Policy in the 21st Century

Robert Puentes, March 26, 2009, Committee on Banking, Housing and Urban Affairs

Before a special session of the Senate Banking Committee, Robert Puentes discussed the coordination of transportation and housing policy and its role in developing livable communities. Among others things, he stressed the need for the federal government to assist states and metropolitan areas in one of their hardest tasks: transcending the stovepiping of disparate programs that remains a serious cause of undesirable development outcomes. Read More

Transportation, Housing, U.S. Department of Transportation, Cities, U.S. Economy

RESEARCH AND COMMENTARY

Save to My PortfolioSupporting Integrated Planning and Decision Making by Joining Up Housing and Transportation

Robert Puentes, March 19, 2009, House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies

Testifying before a House Appropriations subcommittee, Robert Puentes examined the linkages between housing and transportation, calling for increased awareness of these connections and a federal policy that simultaneously promotes the economic vitality and environmental quality of metropolitan areas. Read More

Transportation, Cities, Housing, U.S. Economy

RESEARCH AND COMMENTARY

Save to My PortfolioSacramento's Transit-Oriented Development Plan a Model for the Nation

Christopher B. Leinberger, March 18, 2009, The Sacramento Bee

Chris Leinberger argues that Sacramento, the capital of one of the most hard-pressed states in the country, is an evolving model of development for metropolitan America. Read More

Transportation, Housing, Competitiveness, Cities, Walkable Urbanism

In Brief

In the midst of a mortgage and foreclosure crisis, many families cannot find homes at an affordable price in a location accessible to work and good schools. This lack of affordable housing underscores other challenges, such as improving education and making work pay. Brookings experts examine innovations aimed at expanding housing choices and availability.

Featured Experts

Robert Puentes

Robert Puentes

Senior Fellow, Metropolitan Policy Program

Robert Puentes focuses on the broad array of policies and issues related to metropolitan growth and development. He is an expert on transportation and infrastructure, urban planning, growth management, suburban issues and housing.
Read More

Amy Liu

Amy Liu

Deputy Director, Metropolitan Policy Program

Amy Liu is deputy director of the Brookings Metropolitan Policy Program. Her policy studies include economic competitiveness, metropolitan growth and development, governance reforms, urban reinvestment, and social equity.
Read More

Bruce Katz

Bruce Katz

Vice President and Director, Metropolitan Policy Program
The Adeline M. and Alfred I. Johnson Chair in Urban and Metropolitan Policy

Bruce Katz, vice president and founding director of the Metropolitan Policy Program, regularly advises national, state, regional and municipal leaders on policy reforms that advance the competitiveness of metropolitan areas.
Read More

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Spotlight

TopicEducation

The economic and political well-being of any democracy requires a well-educated citizenry. Brookings’s work has extended beyond the K-12 bookends to include pre-school interventions and issues in higher education. Experts are tackling fundamental issues on the role of education in the national and global economy.

Research ProjectBudgeting for National Priorities

The Budgeting for National Priorities project promotes greater fiscal responsibility by developing new ideas, educating the public and finding common ground among experts and policy-makers.

TopicHealth Care

Brookings is committed to producing innovative policy solutions to our nation’s most difficult challenges. The country may face no more important domestic policy challenge than the much-needed reform of our health care system. Through an institution-wide effort, Brookings delivers new ideas and offers policy solutions to improve health care both at home and globally.

TopicMigration

Migration is an issue that bridges Brookings’s expertise in domestic and foreign policy. In the United States, reforming immigration policy remains a subject of intense political debate. Globally, the unprecedented movement of people across borders raises issues in both industrialized countries and the developing world.

ExpertMartin Neil Baily

Martin Baily, a former chairman of the Council of Economic Advisers, focuses on issues of globalization, productivity and competitiveness, Social Security reform and U.S. economic policy.

ExpertSarah A. Binder

Sarah Binder is an expert on Congress and legislative politics.  She is completing a project on the politics of advice and consent, and is at work on the politics of how Congress responds to financial crises.

Policy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

ExpertEswar Prasad

Eswar Prasad, who holds the New Century Chair in International Economics, is a senior fellow in Global Economy and Development. He is the Tolani Senior Professor of Trade Policy at Cornell University and was previously head of the Financial Studies Division and the China Division at the IMF.

Policy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.

Policy CenterCenter on the United States and Europe

The Center on the U.S. and Europe is dedicated to the study of Europe and U.S.-Europe relations. It involves American and European experts in an active program of research, analysis, and debate.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is a security studies professor at Georgetown University’s School of Foreign Service.

ProgramGovernance Studies

Governance Studies explores political institutions of the United States and other democracies to assess how they govern, how their practices compare and how citizens and public servants can advance sound governance.

ProgramMetropolitan Policy Program

Redefining the challenges facing metropolitan America and promoting innovative solutions to help communities grow in more inclusive, competitive and sustainable ways.

Research Project21st Century Defense Initiative

The 21st Century Defense Initiative produces cutting-edge research, analysis, and outreach that address some of the most critical issues facing leaders shaping defense policy in the coming century. The initiative focuses on three core issues: the future of war, the future of U.S. defense needs and priorities, and the future of the U.S. defense system

ExpertRobert Puentes

Robert Puentes focuses on the broad array of policies and issues related to metropolitan growth and development. He is an expert on transportation and infrastructure, urban planning, growth management, suburban issues and housing.

Research ProjectAfrica Growth Initiative

The Africa Growth Initiative conducts high-quality policy research and analysis focused on attaining sustainable economic development and prosperity in Africa, while amplifying the voice of African researchers in policy-making and planning.