There isn’t a tax credit program available to spur investment in single-family residential neighborhoods, but an alliance of national real estate, housing, community development, lending, and construction organizations is working to change that.
The wealth gap is probably best illustrated in the way our country has, and has not, provided access to the single most important determinant of wealth for the majority of people in the United States—home and land ownership.
Though the idea of social housing is gaining traction among advocates and policy experts, the path of least resistance for its production in the U.S. is also the path of the perpetuation of residential racial segregation.
Voters have set up an unprecedented fight between progressive housing groups and real estate interests. It will be a brutal fight. For proof of this, housing advocates in New York need only to look at California.
An apartment complex in North Carolina generated 120 times as many hospital visits as would have been expected for its population, until a creative coalition forced its sale and worked with the new owner to change things.