National League of Cities Releases Research Brief on the Local Impact of Housing Crisis
The National League of Cities (NLC) has recently released a Research Brief on the Impact of the Housing Finance and Foreclosure Crisis.
According to the Report, cities and towns across the country are facing mounting fiscal challenges as a result of the home mortgage crisis. In fact, one-third of city officials say that their city revenues and/or revenue estimates have decreased some (27%) or a lot (6%) over the past year. This research brief, based on a survey of over 200 local elected officials, presents how the housing crisis is impacting cities, as well as the specific actions cities are taking in response.
Click here for the full report.
National League of Cities is one of the oldest and largest national organization representing municipal governments throughout the United States. Its mission is to strengthen and promote cities as centers of opportunity, leadership, and governance. Working in partnership with the 49 state municipal leagues, the National League of Cities serves as a resource to and an advocate for the more than 19,000 cities, villages, and towns it represents. More than 1,600 municipalities of all sizes pay dues to NLC and actively participate as leaders and voting members in the organization. NAHB is member of the NLC Corporate Partners program.
For more information contact Brooke Ransom, Director of Industry Relations, Government Affairs at 800-368-5242 x8584.
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