White House Launched the Neighborhood Revitalization Initative

In October of 2010, the White House launched the Neighborhood Revitalization initiative, which seeks to be place-based, coordinated, flexible, data- and results-driven, and interdisciplinary.  Within each community, the initiative will utilize the area’s networks, social capital, and the experience of local community organizations to enhance and localize the efforts of five different agencies’ place-based programs. 
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Auctioning of Vacant Property Reveals that Land Banking and Regeneration is Key to Community Revitalization

In 2011, 1,000 individuals attended the New Orleans Redevelopment Authority (NORA) auction to bid on approximately 200 vacant properties and abandoned houses in the area.   The event did not contain requirements such as sealed bids, commitments to live in the house for five years and minimums that would not undermine neighborhood values and received bids from
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