Committee on Oversight and Government Reform

Testimony

Committee on Oversight and Government Reform

Testimony to the Committee on Oversight and Government Reform, Domestic Policy Subcommittee and the Committee on Financial Services Subcommittee on Housing and Community Opportunity
May 22, 2008

Abstract

Neighborhoods with high concentrations of foreclosures and increasing vacancy rates are likely to generate substantial unanticipated costs for resident families and jurisdictions. Any formula distributing resources to help cover those costs must be carefully constructed if it is to be equitable. In this testimony, Kingsley makes six points related to that goal.

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