These 3 housing programs are showing results. A new initiative wants to bring them to other cities.

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Funding will also go toward operational support from the nonprofit Accelerator for America and other specialists, according to Bloomberg Philanthropies.

"We expect fast results, measured in more homes cleared for construction, and we are proud to do this work alongside leading local governments nationwide."

Local governments interested in receiving support from the initiative are encouraged to register with the Bloomberg Cities Idea Exchange.

Editor's note: This story has been updated with information on how local governments were selected for the initiative.