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University Center For Social and Urban Research Data-Driven Organizing Information-Based Foreclosure Prevention and Response in Pittsburgh’s Hilltop Communities.

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Presentation on theme: "University Center For Social and Urban Research Data-Driven Organizing Information-Based Foreclosure Prevention and Response in Pittsburgh’s Hilltop Communities."— Presentation transcript:

1 University Center For Social and Urban Research Data-Driven Organizing Information-Based Foreclosure Prevention and Response in Pittsburgh’s Hilltop Communities University Center for Social and Urban Research

2 University Center For Social and Urban Research Pittsburgh Neighborhood and Community Information System Community information system serving the City of Pittsburgh and Allegheny County since 2004 Based at the University of Pittsburgh Member of the Urban Institute’s National Neighborhood Indicators Partnership Key partners include Pittsburgh Partnership for Neighborhood Development and the City of Pittsburgh

3 University Center For Social and Urban Research South Pittsburgh’s Hilltop Historic working/middle class communities Growing alarm over increased vacancy and blight Foreclosures have had tremendous negative impact Hilltop

4 University Center For Social and Urban Research Partners Hilltop Alliance NeighborWorks Western Pennsylvania

5 University Center For Social and Urban Research Project Goals Prevent Vacancy and Foreclosure Address Blight Foster Recovery Distressed Sale: A sale of any residential property with a foreclosure filing in either year of or year prior to sale

6 University Center For Social and Urban Research It all starts with research… Who has recently gone into foreclosure? –Tenure –Loan characteristics –Buyer characteristics –Sale characteristics –Property location –Reason for foreclosure

7 University Center For Social and Urban Research Prevent Vacancy Use research to predict whom is at greatest risk of foreclosure Target counseling efforts to highest-risk properties Inform owners and tenants living in affected properties of their rights Encourage those impacted NOT to vacate the property

8 University Center For Social and Urban Research Address Blight Closely monitor vacancy Notify building inspectors and police when properties enter foreclosure or REO ownership Evaluate existing large property owners for signs of portfolio distress Monitor disposition of REOs Due diligence on new buyers of distressed property

9 University Center For Social and Urban Research Foster Recovery Credit counseling and repair Social services Long-term community strategies –Vacant property and blight –Market restoration

10 University Center For Social and Urban Research Requirements Timely data Community partners Information intermediary Good ideas stolen from Cleveland

11 University Center For Social and Urban Research National Neighborhood Indicators Partnership Data collection strategies Effective practices in uses of information Critical research Networking

12 University Center For Social and Urban Research Contact Us Pittsburgh Neighborhood and Community Information System University Center for Social and Urban Research University of Pittsburgh 121 University Place Pittsburgh, PA 15260 US 412-624-9177 E-mail: pncis@pitt.edu Project Website: http://www.ucsur.pitt.edu/pncis.php Pittsburgh Urban Blog: http://www.ucsur.pitt.edu/thepub.php


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