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/Data Dictionary: DD_Revitalization Areas by Block Group Date of Coverage: 12/2018This 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.Shapefilehttps://purl.stanford.edu/px676qx0632engUnited States. Department of Housing and Urban DevelopmentPublicCommunity developmentEconomic developmentHousingGrants-in-aidBoundariesEconomyLocationSocietyHUD Revitalization Areas by Block Group, 2018DatasetsUnited States2018Stanford