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Decision Modeling For Housing And Community Development: A Methodology For Evidence-Based Urban And Regional Planning, Michael P. Johnson Jr. Aug 2017

Decision Modeling For Housing And Community Development: A Methodology For Evidence-Based Urban And Regional Planning, Michael P. Johnson Jr.

Michael P. Johnson

Urban community development corporations and other local institutions routinely face challenging problems in housing and economic development that require substantial expertise in data analytics and decision modeling. Recent research, inspired by local responses to the housing foreclosure crisis, and developed in cooperation with Boston-area CDCs, has resulted in a collection of applications that can assist CDCs and similar organizations to design local interventions for acquisition and redevelopment of housing. This paper describes these applications. The first of these is values and objective design, i.e. the process of identifying decision opportunities. The second of these is data analytics, or …

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Decision Models For Foreclosed Housing Acquisition And Redevelopment: A University Of Massachusetts Multi-Campus Collaborative Project - Processes And Findings To Date, Michael P. Johnson Jr., Jeffrey Keisler, Senay Solak, David Turcotte, Rachel B. Drew, Armagan Bayram, Emily Vidrine Dec 2011

Decision Models For Foreclosed Housing Acquisition And Redevelopment: A University Of Massachusetts Multi-Campus Collaborative Project - Processes And Findings To Date, Michael P. Johnson Jr., Jeffrey Keisler, Senay Solak, David Turcotte, Rachel B. Drew, Armagan Bayram, Emily Vidrine

Jeffrey Keisler

The recent housing foreclosure crisis has had devastating impacts on individuals, communities, organizations and government. In response, several community development corporations (CDCs) have sought new ways to assist neighborhoods suffering from the myriad effects of high foreclosures, including neighborhood instability, increased vandalism and crime, lower property values, and economic disinvestment. This research project focuses on activities of community-based organizations that acquire and redevelop foreclosed properties to support neighborhood stabilization and revitalization. However, the costs of pursuing this strategy far exceed the resources available to typical CDCs. Thus, our project seeks to solve the following decision problem: What subset of a …

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