The primarily African American Jackson Ward neighborhood in Richmond, Virginia, has been swiftly gentrified. While some historical aspects have been forgotten, other areas have seen promising improvements. Overall, the changes to this community have been a mixed bag as some community members have benefited from the changes to home wealth, while others have been forced out.
An OpEd in the Washington Post by NCRC CEO Jesse Van Tol, April 8, 2019: Yes, you can gentrify a neighborhood without pushing out poor people When rich people move in, they often displace residents. But it doesn’t have to be that way. Neighborhoods have been developing and changing since the dawn of civilization, but […]
Seven cities accounted for nearly half of the gentrification nationally: New York City, Los Angeles, Washington, D.C., Philadelphia, Baltimore, San Diego and Chicago.
A new kind of investment fund with special tax incentives could steer billions in private capital to some low- and moderate-income neighborhoods.