The need to improve outcomes is acute in legacy cities, where inequities tend to be prevalent and persistent. In partnership with the Lincoln Institute of Land Policy, GOPC has published “Building Equity: Equitable Real Estate Development Strategies for Weak Markets.” The Working Paper identifies strategies that are applicable in predominantly weak real estate markets (aka “legacy cities”) and that can produce novel ways of delivering equity benefits.
The Working Paper offers approaches for high-capacity local actors working in places that cannot otherwise sustain broad inclusionary housing policies or exactions due to the lack of market strength or political will or both.
The strategies in this paper range from hyper-local interventions responding to individualized development proposals, to more established programming that improves development processes or more equitably redirects anticipated market gains to people of color and low-income residents.
The Working Paper can be accessed at Lincoln Institute of Land Policy here.