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Community Development Banking List
09-28-2009, 03:08 PM
Original message from: Ian.Galloway@sf.frb.org

The Housing Policy Revolution: Networks and Neighborhoodsfrom the Urban
Institute Press traces the shift in U.S. housing policy from the
Washington-led bureaucracies of the 1960s to today's highly collaborative,
tax-supported networks of advocates, local governments, bankers, and
property developers. Through historical analysis and detailed case
studies, economic historian David J. Erickson reveals a system that
adjusted to a changing political climate, innovated in social program
delivery, and triggered adaptation in other policy fields, including
education.

Reviewers had this to say about The Housing Policy Revolution:

?Today?s housing crisis requires and enables policymakers to redefine the
role of government in housing policy. This redefinition, David Erickson
argues, is ongoing and reflects decades of trial and error. Erickson makes
a compelling case that community-based networks are the foundation for a
new generation of housing policy that calls for and benefits from a
holistic approach to community development. Turning the clock back is not
a plausible option.?
?Nicolas P. Retsinas, Director, Joint Center for Housing Studies,
Harvard University

?The deep economic crisis gripping our nation has only intensified the
need to find a more rational, productive relationship between Washington,
states and localities, and the nonprofit and private sectors. David
Erickson engagingly portrays all of these actors uniting over the past
four decades to address America?s affordable housing needs and becoming
poised to respond to our evolving challenges. In demonstrating how this
decentralized network combines political and policy savvy, flexible
collaboration, and understanding of private markets to meet community
needs and achieve societal goals, Erickson serves up a valuable playbook
for advancing a smarter, 21st century federalism.?
?Alan Berube, Research Director, The Brookings Institution
Metropolitan Policy Program

For more information about the book and ordering options please visit the
Urban Institute Press website:
http://www.urban.org/books/housingrevolution/. ('http://www.urban.org/books/housingrevolution/.')

Dr. Erickson was also recently interviewed on the Tavis Smiley Show for
the segment No Place Like Home: Keeping the American Dream Alive. Along
with Adobe Communities policy director Holly Benson and Habitat for
Humanity's urban programs director Stephen Seidel, Dr. Erickson discussed
the current state of community development in America and what can be done
to support low-income communities in the future. You can listen to the
interview at:
http://www.tavissmileyradio.com/guests09/092509/NoPlaceLikeHome_Roundtable.html ('http://www.tavissmileyradio.com/guests09/092509/NoPlaceLikeHome_Roundtable.html')
.


***************************
Ian J. Galloway | Investment Associate
Community Development
Federal Reserve Bank of San Francisco
101 Market Street, MS215 | San Francisco, CA 94105
(415) 974-3291 | ian.galloway@sf.frb.org
www.frbsf.org/community