Foreclosures in the Nation's Capital 2009

Report by Kathryn L.S. Pettit, Mary Cunningham, G. Thomas Kingsley, Leah Hendey, Jennifer Comey, Liza Getsinger, Michel Grosz
October 28, 2009

Urban Institute   (NNIP Coordinator)
Urban–Greater DC   (Washington, D.C.)

This brief, a companion to the Housing in the Nation's Capital 2009 report, describes the impact of the foreclosure crisis on the Washington metropolitan region, examining the level and trends of foreclosures, outlining potential secondary effects for families and neighborhoods, and looking towards the future of the region's housing market. It concludes with policy implications in four areas: foreclosure prevention, neighborhood stabilization, recovery assistance for displaced households, and services for children in foreclosed homes.