Tag: scattered site
A: No! A long-running program in Philadelphia is showing that scattered site rehab can be cheaper and have a larger revitalizing effect at the same time.
Vacant properties are so persistent in part because it's too expensive to do anything with them. At least that's the assumption. It's much simpler, goes this reasoning, and more cost-effective, to construct and manage a new multifamily building than to try to rehab and manage single-family homes spread over a wide area. But what if that's just not true?