June 22, 2016
How do you find the right balance between neighborhood improvement, with the accompanying rise in property values, and retention of both lower-income residents and the community’s distinctive culture?
According to one analysis on the Governing website, nearly 20 percent of neighborhoods with lower incomes and home values experienced gentrification since 2000—more than double the rate seen in the 1990s. Rates increased in 39 of the 50 cities reviewed. We share the solutions being developed in two cities on the “front lines” of this issue.