As inner city neighborhoods become attractive to investors and developers looking to profit from rising property values, Black communities like Third Ward are feeling the stress of gentrification. There has been an influx of private dollars pushed into the real estate market by proximity to economic opportunity, tax incentives like opportunity zones and 1031 exchanges,…
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by Guest Admin 0 comments Tags: community development, gentrification, real estate development, urban planning
Third Ward organization empowers residents to reclaim property through community led design anchored by Emancipation Park
In response to the changes happening in their area a group of residents created The 3rd Ward Real Estate Council, Inc. The organization is a 501c3 development company aimed at providing more equitable opportunities in real estate through education, building capacity, and responsible development practices. Through its Do The Things That Matters campaign, the council…