James Hudson Carr

James Hudson Carr

Coleman A. Young Endowed Chair
Professor (Research) in Urban Affairs


313.577.0022 (fax)


James Hudson Carr


Urban Studies and Planning

Professor James H. Carr is the Coleman A. Young Endowed Chair and Professor in Urban Affairs at Wayne State University, Visiting Fellow with the Roosevelt Institute, and Contributor to Forbes. He is also Chairman and CEO of Turquoise Bay Investment Partners and former Senior Fellow with the Center for American Progress, Assistant Director for Tax Policy and Federal Credit with the U.S. Senate Budget Committee, Chief Business Officer for the National Community Reinvestment Coalition, and Senior Vice President for Financial Innovation, Planning and Research for the Fannie Mae Foundation.

At NCRC, Professor Carr established and managed minority- and women-owned business centers in Washington, DC, New York, NY, and Houston, TX, that assisted their clients to access $1.8 billion in capital and $350 million in federal contracts. At Fannie Mae, Professor Carr built one of the nation’s most prestigious housing and urban policy research centers that attracted subscribers for its research and policy publications from more than 30 countries. Also while at Fannie Mae, Professor Carr founded the scholarly journal Housing Policy Debate (now published by Routledge). During Professor Carr’s 18 years as editor, Housing Policy Debate was routinely rated one of the nation’s premier urban studies research journals by the Institute for Scientific Information (ISI). He also served for more than a decade as editor of the peer-reviewed publication Journal of Housing Research. Professor Carr’s recent books include Replicating Microfinance in the United States and Segregation: The Rising Costs for America.

Professor Carr has appeared on CNN, CNBC, Bloomberg, MSNBC, FOX News, PBS, and a variety of local news stations in Washington, DC and New York. He has been interviewed on Newsweek on Air, Bloomberg Radio, and National Public Radio. Professor Carr has been quoted and his research cited in various major newspapers including the Washington Post, USA Today, New York Times, Wall Street Journal, Los Angeles Times, Associated Press, Reuters, and numerous additional media outlets. Professor Carr has further served as a Visiting Professor at Columbia University, Research Associate at the Center for Urban Policy Research at Rutgers University, and an Executive Committee Member of Americans for Financial Reform.

Professor Carr has served on research or policy advisory boards at numerous colleges and universities, including Harvard University, University of California-Berkeley, and University of Pennsylvania. He is a former Advisory Committee Member of the Federal Reserve Bank of San Francisco Center for Community Development Investments, and Advisory Board Member of the John Marshall Law School. Professor Carr has testified on numerous occasions before the United States Congress on issues related to the economy, housing markets, financial system regulatory reform, and wealth disparities and economic mobility. 

Professor Carr has also served as an advisor to the Organization for Economic Cooperation and Development (OECD) Urban Affairs Project Group in Paris, France. Also, Professor Carr has served as an international advisor on financial modernization and housing finance to China, Mexico, Turkey, and Colombia. Furthermore, he has served on Congressional delegations to South Africa and Ghana on housing and economic development.  Professor Carr currently serves on the Boards of Directors of the Center for Global Policy Solutions, Homeownership Preservation Foundation, Woodstock Institute, and Neighborhood Housing Services of Chicago.

Professor Carr served as a Distinguished Scholar with the Opportunity Agenda in New York, NY, Closing the Racial Wealth Gap Fellow with the Insight Center for Community Economic Development, Oakland, CA., Aspen Institute Scholar, recipient of the Community Impact Award from the National Organization of Black County Officials, the Presidential Award from the National Association of Urban Bankers, and an Outstanding Achievement Award by the Neighborhood Reinvestment Training Institute. Professor Carr holds a Bachelor of Architecture degree with honors from Hampton University, Master of Urban Planning degree from Columbia University, and Master of City and Regional Planning degree from University of Pennsylvania. 

Research Interest/Area of Expertise

  •  Housing finance and policy, urban revitalization, economic mobility, the racial wealth gap.

Education – Degrees, Licenses, Certifications

  • Bachelor of Architecture degree with honors from Hampton University Master of Urban Planning degree from Columbia University • Master of City and Regional Planning Degree from University of Pennsylvania

Selected Publications

Selected Articles

2018 State of Housing in Black America. National Association for Real Estate Brokers. September.

5o Years of Struggle: Successes and Setbacks Since the Release of the National Commission on Civil Disorder and Enactment of the 1968 Fair Housing Act. National Association of Real Estate Brokers. September 2018.

 America Needs a 21st-Century Housing Finance System. Housing Finance Center, The Urban Institute. Washington, DC. April 2016.

 “The Complex History of the Federal Housing Administration: Building Wealth, Promoting Segregation, and Rescuing the U.S. Housing Market and the Economy.” Banking and Financial Services Policy Report: A Journal of Trends in Regulation and Supervision 34.8 (2015): 10-18. Co-author.

 “The Past and Current Politics of Housing Finance and the Future of Fannie Mae, Freddie Mac, and Homeownership in the United States.” Banking & Financial Services Policy Report. July 2014.

 While We Wait for Housing Finance Reform, Let’s Reform Housing Finance. Opportunity Agenda, National Fair Housing Alliance and National Association for Real Estate Brokers. New York. Forthcoming, November, 2012.

 The Challenges to Homeownership in America. Center for American Progress. Washington, DC. October, 2013.

 Microbusinesses in the United States: Characteristics and Economic Impacts. Association for Enterprise Opportunity. Washington, DC. September, 2013.

 Rethinking the Future of FHA—A Review. Center for American Progress. Washington, DC. June 20, 2013.

 “Long-Term Social Impacts and Financial Costs of Foreclosure on Families and Communities of Color: A Review of the Literature. National Community Reinvestment Coalition White Paper. Prepared for the Annie E. Casey Foundation. October 2012. Co-Author.

 “Analyzing Foreclosures Among High-Income Black/African American and Hispanic/Latino Borrowers in Price Georges County, MD” in the journal Housing and Society. Forthcoming. Fall 2012. Co-author.

 “The Foreclosure Crisis and Its Impact on Communities of Color: Research and Solutions.” National Community Reinvestment Coalition White Paper. Prepared for the Annie E. Casey Foundation. October 2011. Co-author.



 Segregation: The Rising Costs for America, Rutledge Publications, London, GB. 2008. Co-editor.

 Replicating Microfinance in the United States: Research, Practice and Policy Perspectives. Washington, DC: Woodrow Wilson International Center for Scholars and Johns Hopkins Press, June 2002. Co-editor.

 The New Reality in Municipal Finance. New Brunswick, NJ: Center for Urban Policy Research, Rutgers University, 1984.  Co-author.

 Crisis and Constraint in Municipal Finance: Local Fiscal Prospects in a Period of Uncertainty.  New Brunswick, NJ: Center for Urban Policy Research, Rutgers University. 1984.  Editor.

 Land Use Issues of the 1980s. New Brunswick, NJ: Center for Urban Policy Research. Rutgers University. 1983.  Co-editor.





Currently Teaching

  • Housing Policy and Programs