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Working Papers

Floodway Buyout Strategy for a Resilient Houston

Erica Vilay, Phil Pollman • July 9, 2020

Houston, Texas, America’s most diverse and fourth-largest city, is the most flooded city in the United States. Houston’s geography and urban planning make flooding and water…
Working Papers

The Financial Returns to Low-Income Homeownership

Eric Belsky, Nicolas Retsinas, Mark Duda • September 9, 2005

W05-9: Efforts to promote low-income homeownership have intensified over the past ten years. Under both regulatory and market pressures, the mortgage finance industry…
Working Papers

Past Accomplishments and Future Regulatory Challenges

William Apgar, Mark Duda • March 30, 2002

The U.S. Congress passed the Community Reinvestment Act (CRA) in 1977 to encourage depository institutions to meet the credit needs of lower income neighborhoods. The CRA was…
Working Papers

Federally Sponsored Rehabilitation Activity

Mark Duda • July 30, 2001

W01-8: Each year the federal government spends approximately $6 billion to rehabilitate the housing stock, which leverages a similar amount of spending from the private…