Neighborhood Entrepreneurs Program in New York City
J. Affordable Hous. & Cmty. Dev. L., Vol. 5, No. 4, pp. 325, 1995-1996
22 Pages Posted: 26 Aug 2011
Date Written: August, 25 2011
Abstract
The Neighborhood Entrepreneurs Program (NEP) was instituted in New York City in the mid-1990s to return abandoned housing to the private sector. NEP replaced the Private Ownership and Management Program (POMP), which had been ended after numerous complaints regarding high eviction rates, high rents and poor management. This article analyzes the structure of NEP in an attempt to predict whether it would be able to avoid the problems of its predecessor. The article finds that NEP incorporated some lessons learned from POMP, but those lessons may not have been sufficient to help NEP achieve its stated goals.
Keywords: housing policy, privatization, New York City, abandonment, in rem
Suggested Citation: Suggested Citation