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It Doesn't Matter if Your Neighborhood Gentrifies

Week of Monday, August 5
In This Issue: How to Reduce the Influence of Private Equity in Affordable Housing ● Building Prosperity: A Review of The Making of a Democratic Economy ● It Doesn’t Matter if Your Neighborhood Gentrifies ● Also: Jobs ● Shelter Shorts ● Events +
Miriam Axel-Lute, Shelterforce
As much as possible let’s all refrain from debating the long-term likelihood of gentrification in a particular distressed place. Don’t insist it won’t happen. Don’t insist it will. Instead, keep an eye on . . . Read Full Article
Doug Ryan, Prosperity Now
Wall Street’s increased investment in manufactured housing communities will lead to rent increases and reduce home values—major market players have said so themselves. But there are reforms in the works that can help, including . . . Read Full Article
Shelterforce Staff
Why Owners Wish They Were Renters | Record-Low Homeownership Rates | Rent Control Lawsuit Favorably Cites Three-Fifths Clause | And More Quick Takes From Our Editors
Reviewed by Bob Zdenek
Marjorie Kelly and Ted Howard share emerging community wealth-building practices that are occurring throughout the U.S. and U.K. and argue that thousands of these economic practices are . . . Read Full Review

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Shelterforce, the original voice of community development!
You Said It!
Tow Ann Arbor: Wow, this is a really old article! Very cool that Shelterforce is putting up these historical pieces. I had never heard of the Ann Arbor Tenants Union although this is my community. Read More

Rachel Johnston: Solving the appraisal gap problem would benefit many affordable housing sectors—including nonprofit LIHTC rehabbers and even homeowners who cannot access loans in communities of color after decades of low appraised values. Passage of . . .  Read More

Matt Ashby: There were local initiatives being developed in 2005-6 to preserve middle-income housing stock in older inner-ring suburbs. Single-family and privately owned housing units would be rehabbed and updated using private finance. The initiatives ended with . . . Via Facebook

Oregon Housing Alliance: In 2019, the Legislature allocated $15 million to preserve existing, low cost housing in communities. Check out this opinion piece from @Shelterforce and let us know what you think . . . Via Twitter

Victoria Morales: Great news from HUD. Housing support for young people aging out of the foster care system. . . . Via Twitter
A new report, The Overlooked Anchors: Advancing a New Standard of Practice for Arts and Culture Organizations to Create Equitable Opportunity in America’s Cities, explores how the anchor framework can be positioned within creative placemaking to spur greater interest by arts and culture organizations in expanding opportunity in low-income communities. The report is by the Initiative for a Competitive Inner City and supported by The Kresge Foundation’s Arts & Culture Program. To learn more, click here.
Thursday, Aug 15, 2 p.m. ET | Opportunity Zones: Promise or Profiteering? | During this Prosperity Now and PolicyLink webinar, experts will discuss the intended mechanics behind Opportunity Zones, how the administration and states have approached the implementation of the program so far, and what advocates can do to ensure that these programs help build up low-income communities that have faced economic hardships and distress. To learn more, click here.
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In Case You Missed It
Administrative and Communications Assistant
Shelterforce is looking for an administrative assistant. In addition to general office administrative activities (phones, office organization and maintenance), the assistant will also be responsible for maintaining computer equipment, job ad management, invoicing and banking, keeping tabs on circulation . . . Read Full Listing
Marketing Manager Shelterforce is looking for a dynamic person to help grow the organization. The successful candidate will be responsible for increasing earned income from advertising, circulation, editorial services, and donations; fundraising including grants management, research, and proposal writing. The person in this position will work closely with the publisher, taking over completely some tasks and assisting on others. . . Read Full Listing
Executive Director Launched in 2011, The Essex Community Land Trust (ECLT) strengthens communities by providing permanently affordable housing and financial empowerment opportunities for low- to moderate-income individuals and working families throughout Essex County. ECLT is looking for an executive director to manage the day to day activities of the organization . . . Read Full Listing
Executive Vice President, Program Officer The chief program officer will play a central role in advancing this work by guiding the direction, growth and soundness of HOPE’s Commercial Lending (CL) and Community & Economic Development (CED) activities. HOPE’s Commercial Lending team separates itself from other lenders by employing strategies that make capital affordable and accessible to . . . Read Full Listing
Real Estate Specialist The real estate specialist will be an integral member of BCL of Texas Community Development Team and affiliate company, Texas Community Builders. We maintain a portfolio of real estate and community development projects throughout the state. Our products include small footprint homes, energy‐efficient modular housing, commercial real estate including . . . Read Full Listing
Counseling Supervisor The Baltimore Regional Housing Partnership seeks a Counseling Supervisor who supports BRHP’s mission and purpose and will provide effective supervision and guidance to counseling staff, along with excellent customer service to a diverse client population. This supervisor will ensure that counselors who focus on families that . . . Read Full Listing
Learning Manager The Prosperity Agenda seeks a learning manager to create and manage meaningful learning experiences for partners to employ our products and services and ultimately promote better outcomes for individuals and families experiencing poverty. Our partners often include human service providers . . . Read Full Listing
Executive Director With enthusiastic support from Louisville’s largest foundations, leading philanthropists and the Mayor’s office, the Center For Neighborhoods is seeking a motivated, skilled Executive Director with experience in nonprofit administration and grassroots community planning and development. We are seeking someone to . . . Read Full Listing
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