Revitalization areas are HUD-designated neighborhoods in need of economic and community development and where there is already a strong commitment by the local governments. Revitalization Areas are the basis for HUD programs such as Good Neighbor Next Door (GNND) and Asset Control Areas (ACA). To learn more, please visit: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/abtrevt
Revitalization Areas are HUD-designated geographic areas authorized by Congress under provisions of the National Housing Act intended to promote "revitalization, through expanded homeownership opportunities.” HUD-owned single-family properties located in a Revitalization Areas are eligible for discounted sale through special programs, including the Asset Control Areas (ACA) Program, and the Good Neighbor Next Door (GNND) Program.
Revitalization Areas are determined by comparing a block group's median household income and home ownership rate to the respective rates of the surrounding area. If the block group is located in a CBSA Metropolitan area, then the metro area is used. However, if the block group is located in a Non-Metro area, then the state rate is used.
This dataset also provides several variables relating to REO, and FHA activity in the block group including:
Average REO sales price over the last 12 months;
90-day FHA defaults;
90-day FHA defaults in foreclosure;
Active FHA-insured single-family loans;
Active REO properties, and;
A 2-year history of REO closings.
Data for median household income are sourced from the 2012-2016 American Community Survey 5-year Estimates, Table B19013 - Median Household Income in the Past 12 Months (in 2016 inflation-adjusted dollars) and single-family homeownership rates are sourced from the 2012-2016 American Community Survey 5-year Estimates, Table B25032 – Tenure by Units in Structure. Data for HUD single family FHA loans and REO extracted from the Single-Family Data Warehouse in December 2018.
To learn more about the HUD FHA Revitalization Areas Program visit: https://www.hud.gov/program_offices/housing/sfh/reo/abtrevt/For questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Data Dictionary: DD_Revitalization Areas Date of Coverage: 12/2018
This service provides location and program data for HUD-FHA Revitalization Areas. Revitalization Areas are HUD-designated geographic areas authorized by Congress under provisions of the National Housing Act intended to promote "revitalization, through expanded homeownership opportunities.” HUD-owned single-family properties located in a Revitalization Areas are eligible for discounted sale through special programs, including the Asset Control Areas (ACA) Program, and the Good Neighbor Next Door (GNND) Program. Revitalization Areas are determined by comparing a block group's median household income and home ownership rate to the respective rates of the surrounding area. If the block group is located in a CBSA Metropolitan area, then the metro area is used. However, if the block group is located in a Non-Metro area, then the state rate is used.
Revitalization Areas are HUD-designated geographic areas authorized by Congress under provisions of the National Housing Act intended to promote "revitalization, through expanded homeownership opportunities.” HUD-owned single-family properties located in a Revitalization Areas are eligible for discounted sale through special programs, including the Asset Control Areas (ACA) Program, and the Good Neighbor Next Door (GNND) Program.Revitalization Areas are determined by comparing a block group's median household income and home ownership rate to the respective rates of the surrounding area. If the block group is located in a CBSA Metropolitan area, then the metro area is used. However, if the block group is located in a Non-Metro area, then the state rate is used.This dataset also provides several variables relating to REO, and FHA activity in the block group including:- Average REO sales price over the last 12 months;- 90-day FHA defaults;- 90-day FHA defaults in foreclosure;- Active FHA-insured single-family loans;- Active REO properties, and;- A 2-year history of REO closings.Data for owner-occupied housing units is derived from the 2010 Census SF1 tables. Data for median household income, and home ownership rates are provided by American Community Survey 5-year (2007-2011). Data for HUD single family FHA loans, and REO provided by the Single-Family Data Warehouse.To learn more about the HUD FHA Revitalization Areas Program visit: https://www.hud.gov/program_offices/housing/sfh/reo/abtrevt/, for questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Data Dictionary: DD_Revitalization Areas by Block Group Date of Coverage: 12/2018
This service denotes HUD designated Revitalization Areas - areas eligible for discounted sale of HUD-owned single family properties through special programs - by 2010 U.S. Census Block Groups. Revitalization Areas are HUD-designated geographic areas authorized by Congress under provisions of the National Housing Act intended to promote "revitalization, through expanded homeownership opportunities.” HUD-owned single-family properties located in a Revitalization Areas are eligible for discounted sale through special programs, including the Asset Control Areas (ACA) Program, and the Good Neighbor Next Door (GNND) Program.
Single Family Revitalization areas are HUD-designated neighborhoods in need of economic and community development and where there is already a strong commitment by the local governments. Revitalization Areas are the basis for HUD programs such as Good Neighbor Next Door (GNND) and Asset Control Areas (ACA).
This polygon feature class provides location and program data for HUD-FHA Revitalization Areas.Revitalization Areas are HUD-designated geographic areas authorized by Congress under provisions of the National Housing Act intended to promote "revitalization, through expanded homeownership opportunities.” HUD-owned single-family properties located in a Revitalization Areas are eligible for discounted sale through special programs, including the Asset Control Areas (ACA) Program, and the Good Neighbor Next Door (GNND) Program.Revitalization Areas are determined by comparing a block group's median household income and home ownership rate to the respective rates of the surrounding area. If the block group is located in a CBSA Metropolitan area, then the metro area is used. However, if the block group is located in a Non-Metro area, then the state rate is used.To learn more about the HUD FHA Revitalization Areas Program visit: https://www.hud.gov/program_offices/housing/sfh/reo/abtrevt/Data Dictionary: DD_Revitalization AreasDate of Coverage: 12/2018
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Revitalization areas are HUD-designated neighborhoods in need of economic and community development and where there is already a strong commitment by the local governments. Revitalization Areas are the basis for HUD programs such as Good Neighbor Next Door (GNND) and Asset Control Areas (ACA). To learn more, please visit: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/abtrevt