The National League of Cities (NLC) issued an affordable housing report entitled “Homeward Bound: The Road to Affordable Housing,”
The report;

As the following statement indicates, though the foreclosure crisis may be “over” vacant properties still need to be a focus of local governments.

“While a wide variety of housing challenges faces American cities, two stand out. In fast-growing cities, wages lag behind housing costs, leading to a scarcity of affordable housing. In legacy cities with slower growth, a persistent high rate of vacant and blighted housing exists due to the ongoing after-effects of the foreclosure crisis and general economic disruption.

To view the NLC Press Release, please click here.

To view the report in its entirety, please click here.