Date of this Version
Municipal governments in the U.S. are increasingly devoting public resources to the redevelopment of abandoned, contaminated or underutilized land. Private sector appetite for new development opportunities and public sector creativity have combined to create "building booms" in a number of central cities that only a few decades ago were in seemingly irreversible decline. In the midst of this government-supported revitalization, however, both working poverty and chronic unemployment in central cities remain disturbingly high. Without explicit efforts to link property redevelopment with efforts to put un- or underemployed people to work at family-supporting wages, the negative impacts of growth (displacement, housing cost appreciation) often affect the historically disadvantaged far more profoundly than its positive impacts do.
Date Posted: 28 April 2008