NYU’s Furman Center For Real Estate and Urban Policy Receives MacArthur Award For Creative and Effective Institutions

Furman Center for Real Estate and Urban Policy   (New York)

2012

February 16, 2012 – Today the John D. and Catherine T. MacArthur Foundation named NYU’s Furman Center for Real Estate and Urban Policy a recipient of the MacArthur Award for Creative and Effective Institutions. This distinguished award recognizes the Furman Center’s excellence in providing objective, policy-relevant research to address the challenges facing neighborhoods in New York City and across the  nation. The award comes with a grant of $1 million, which the Furman Center will use to broaden its research and policy analysis to more national issues.   

“We are humbled and honored that the Furman Center was selected for such a prestigious award,” said Vicki Been, faculty director of the Furman Center. “The demand for our work has grown dramatically with the housing crisis and the increasing need for sustainable and affordable housing across the country. This award presents a remarkable opportunity for us to expand our research beyond New York City to help policymakers in Washington and across the nation make more effective housing and community development investments and policies.”