June 12, 2008
How Foundations Can Heal the Housing Crisis
Now that Congress has finally passed legislation to tackle the burgeoning problem of vacant foreclosed properties that were victims of the subprime-mortgage crisis, foundations must answer the question of how best to deploy their billions of grant-making and investment dollars to help solve the problems facing communities across the country.
Several billions in federal dollars will soon become available to help cities and nonprofit groups buy and renovate many of the vacant properties
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