Research Report Eminent Domain: The Debate Distracts from Pressing Problems
Pamela Lee
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Richmond, CA, has taken steps to become the first city in the nation to vote to use its powers of eminent domain to seize underwater loans and, the city argues, prevent foreclosures and neighborhood blight. We look at several cities that have considered this controversial strategy, evaluating what they have in common, and whether the plan, as proposed, will address the problems they face.
Research Areas Neighborhoods, cities, and metros Race and equity Taxes and budgets Housing finance Housing
Tags Federal housing programs and policies Racial and ethnic disparities Housing markets Federal urban policies Racial segregation State and local tax issues Community and economic development Racial barriers to housing Racial inequities in neighborhoods and community development
Policy Centers Housing Finance Policy Center