Sustainable Communities Neighborhood Profiles: Phoenix, Arizona
Date Published: 08/08/2011
Author: LISC
Since 2007, community development in Arizona has been indelibly marked by the foreclosure crisis. Its impact has been staggering: the loss of homes and jobs, the rapid expansion of poverty, the screeching halt to growth that has left subdivisions half-built and swaths of city cores vacant.
“One in every 53 homes in Arizona is in foreclosure,” noted Teresa Brice, executive director of Phoenix LISC. “It is impossible for us to ignore that fact when we think about Building Sustainable Communities in our area.”
With $125 million invested since 1992, Phoenix LISC has been aggressively responding to the foreclosure crisis both as a seminal issue for so many homeowners and as an important part of its comprehensive community development work. Continued[+]...
Topic: --Community Development
Type: Case study / model practice