Massachusetts’ Efforts to Address Foreclosed Properties                             
                        
                    
                                
                                    March 18, 2009
                                
                    
        
    Massachusetts has been ahead of the curve in combating neighborhood deterioration as real-estate-owned (lender-owned) foreclosed properties increase. Affordable housing developers, community groups, municipal and state officials, and nonprofits have created a Foreclosed Property Task Force and an online database that is accessible by all the partners. The database is already improving decision making about where resources would have the most impact.
                     
                     About the Authors
                    About the Authors
                
            
            Prabal Chakrabarti, 
            Federal Reserve Bank of Boston
            
            Email: Prabal.Chakrabarti@bos.frb.org
    
                     
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                    Resources
                
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