Making a difference in Chicago neighborhoods

Rochelle Nawrocki Gorey and Mary Fran Riley

Profitwise, 2003, issue Wint

Abstract: Started almost 30 years ago by housing advocates to improve declining Chicago neighborhoods. Neighborhood Housing Services of Chicago (NHS) has into one of the most succesful and respected organizations of its kind in the U.S. A key to its sucess has been the ability to enlist the support of both neighborhood residents and to corporate, lending, and regulatory and political leaders in efforts to revitalize city neighborhoods. These relationships have allowed it to craft innovative homeownership opportunities for working families while responsibly leveraging public and private sector investments. NHS is now gearing up to take on its latest challenge, reclaiming a growing inventory of vacant and foreclosed properties left in the wake of unscrupulous predatory lenders.

Keywords: Predatory lending; Subprime mortgage (search for similar items in EconPapers)
Date: 2003
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhpw:y:2003:i:wint

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Profitwise from Federal Reserve Bank of Chicago Contact information at EDIRC.
Bibliographic data for series maintained by Lauren Wiese ().