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As foreclosures have been sweeping the nation in the past few years, the effect of the crisis on children tends to be overlooked. In this brief, the first of two, we discuss foreclosure trends as they relate to public school students living in Washington, D.C. between 2003 and 2008. In particular, we describe the demographic makeup of the students affected, the type of housing and neighborhoods in which they live, and the schools they attend. We conclude with recommendations for both the housing and education sectors in mitigating this crisis as the number of foreclosures continues to rise.