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Gentrification, the process of altering the demographic and socioeconomic composition of a neighborhood usually by decreasing the percentage of low-income minority residents and increasing the percentage higher-income residents, [1] has been an issue between the residents of minority neighborhoods in Chicago who believe the influx of new residents destabilizes their communities, and the ...
A critique in the Du Bois Review (2004) by Arline Geronimus and J. Phillip Thompson calls the Moving to Opportunity study "politically naive". [11] Their study theorizes that moving a family into a higher income neighborhood might solve immediate, direct health risks (for example clean water, less crime) however the loss of social integration, stress factors, and racially influenced ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
Not long ago, the Chicago area was one of the biggest markets in the country where a low-income family could afford a modest-priced home. But after prices soared during the COVID-19 pandemic, even ...
In the 2010s, many of the neighborhoods LISC had been working in for decades became attractive to private development. Compounded with the effects of the Great Recession, this led to a national housing crisis, with market-rate rents becoming unaffordable to middle- and lower-income families in many major American cities. LISC offices responded ...
Gentrification is marked by changing demographics and, thus changing social order and norms. In some cases, when affluent households move into a working-class community of residents (often primarily Black or Latino communities), the new residents' different perceptions of acceptable neighborhood behavior and cultural activity of pre-existing residents may be in conflict with the established ...
Signaling a paradigm shift in a school system largely shaped by choice, the Chicago Board of Education passed a resolution Thursday to prioritize neighborhood schools in Chicago Public Schools ...
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