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Residential Historic Preservation And Neighborhood Stability: Through The Housing Crisis And Beyond, Brian Mikelbank
Residential Historic Preservation And Neighborhood Stability: Through The Housing Crisis And Beyond, Brian Mikelbank
Brian Mikelbank
Problem: Given Cleveland’s prominence in the foreclosure crisis, discussions surrounding demolition, rehabilitation, and stabilization are particularly active and passionate in the region. It is surprising, though, that the role of historic preservation isn’t more thoroughly explored, both in Cleveland, and beyond. To fill a near void of empirical research, this paper offers a systematic investigation of the relationship between residential historic preservation and foreclosure.
Research Strategy: This research brings together parcel-level foreclosure filing data and parcel-level program data of the Heritage Home Program of The Cleveland Restoration Society. This program has made over 1000 loans, channeling preservation investments of over …