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Fall 2010 Practicum « MIT@Lawrence

Fall 2010 Practicum

The Fall 2010 practicum focused on foreclosed properties held by financial institutions (called real estate owned properties or “REOs”) and the neighborhood effects of vacant properties. The City of Lawrence passed a local ordinance requiring owners of REO to register the property with the city, perform upkeep and notify the city of changes in sale. The final report analyzed the distribution and status of REOs, compliance with the local statute, issues of enforcement and provided recommendations for improving registration of properties, compliance and enforcement. Participants in the Practicum: Huma Gupta, YeSeul Kim, Patricia Molina Costa, Giacomo Neri, Eric Schultheis, Najah Shakir and Kathleen Thornton.

Lawrence Practicum Final Report (Fall 2010)