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Full-Text Articles in Public Policy
What Is A Strategic Acquisition? Decision Modeling In Support Of Foreclosed Housing Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte
What Is A Strategic Acquisition? Decision Modeling In Support Of Foreclosed Housing Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte
Michael P. Johnson
This paper describes and develops a model for calculating location-based strategic values of foreclosed properties considered for acquisition and redevelopment by community development corporations (CDCs). A property’s strategic value refers to its proximity to site-specific neighborhood amenities and disamenities (e.g. schools, public transit, distressed properties), given the relative importance of that proximity to CDC organizational and community objectives. We operationalize the concept of strategic value, and apply this concept to a salient public sector decision problem. Using data and value assessments from a CDC engaged in foreclosed housing redevelopment, we compute measures of strategic value for a set of acquisition …
Values, Objectives, And Decisions: Using Community-Based Operations Research For Neighborhood Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte
Values, Objectives, And Decisions: Using Community-Based Operations Research For Neighborhood Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte
Jeffrey Keisler
In this presentation we describe an application of value-focused thinking and decision analysis to the design and evaluation of strategies for housing development especially in urban communities affected by the ongoing foreclosure crisis. This is part of a multi-campus, multi-disciplinary effort to study decision processes of community development corporations (CDCs) acquiring and redeveloping foreclosed properties for neighborhood stabilization.
Values, Objectives, And Decisions: Using Community-Based Operations Research For Neighborhood Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte
Values, Objectives, And Decisions: Using Community-Based Operations Research For Neighborhood Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte
Michael P. Johnson
In this presentation we describe an application of value-focused thinking and decision analysis to the design and evaluation of strategies for housing development especially in urban communities affected by the ongoing foreclosure crisis. This is part of a multi-campus, multi-disciplinary effort to study decision processes of community development corporations (CDCs) acquiring and redeveloping foreclosed properties for neighborhood stabilization.
Community-Engaged Decision Support For Foreclosed Housing Acquisition And Redevelopment In Boston, Michael P. Johnson Jr.
Community-Engaged Decision Support For Foreclosed Housing Acquisition And Redevelopment In Boston, Michael P. Johnson Jr.
Michael P. Johnson
This project develops decision tools and analytical methods to help non‐profit community development corporations (CDCs) acquire and redevelop foreclosed housing for neighborhood stabilization and revitalization. Interviews and direct observations at partner CDCs have helped us identify current practices, data and requirements for our decision models. Problem‐structuring methods through CDC focus groups have generated core operational and organizational objectives. Spreadsheet‐ and optimization based decision models generate policy and operational alternatives that address multiple resident and community outcomes. Our research will support efficient responses to the recent foreclosure crisis, especially in distressed neighborhoods, and suggest policy implications at local and national levels.