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The CURA publications library is currently being digitized by the University of Minnesota Digital Conservancy. When the project is complete, the entire CURA publications library will be online and fully searchable. Unfortunately, during this process we are not able to honor individual requests for publications . Additionally, we no longer have physical copies of publications to send out.

New publications are digitized daily and the publications catalog on the CURA website is not automatically updated with links to scanned copies, so please search the CURA collection at the Digital Conservancy for the publications you are looking for:

Fiscal Impacts of the St. Paul Houses to Homes Program.

Author: 
Goetz, Edward G., Kristin Cooper, Bret Thiele, and Hin Kin Lam.

Abandoned houses are powerful symbols of urban decline. The level of investment needed to turn such properties around is generally greater than the market value of the property. Can local governnments afford to rehabilitate such houses? In 1997 a professor of housing and three graduate students examined St. Paul's Houses to Homes program, analyzing the fiscal benefits and costs of restoring abandoned homes to prepare them for resale. They found that a rehabilitation that costs the city $42,000 actually produces $59,000 in public benefits, though the benefits are shared by different levels of government, not all accruing to the city itself. Their analysis considered erosion of the tax base, impact on property values, and detriment to private investment, as well as other variables.

Publication date: 
1997
Publisher: 
Unpublished.
Sponsor: 
Sponsored by Neighborhood Planning for Community Revitalization, Center for Urban and Regional Affairs, University of Minnesota.
Pages: 
37 pp.
Online availability
Download from CURA: 
CURA call number: 
NPCR-1055