Why urban renewal?
Most of us live in or near an urban center. Far too frequently, these urban areas are characterized as being impoverished, high crime communities. The resulting depressed property values in these areas typically leads to an under-funded tax base with below average education and public safety programs. The cost to society, both economically and in terms of human lives, is immeasurable. Only by transforming these neighborhoods can this trend be reversed.
Why do it through home ownership and small business development?
Viable urban revitalization must be rooted in the families and individuals who call these areas home. Home ownership encourages permanency and instills pride in a community, opening the door for revitalization through reduced crime, beautification and increased property values. By rooting these changes in the residents of these neighborhoods, the changes are more likely to be long-term. Additionally, as home ownership in these areas is increased, the opportunity to encourage local small business also begins to present itself. Local small businesses not only provide job opportunities for neighborhood residents; but, also provide an increased stream of revenues that work to stimulate the local economy. Stimulating trade, empowering the local economy, and creating self-sufficient communities will only provide a more stable foundation for home owners.
Why do it through home ownership and small business development?
Viable urban revitalization must be rooted in the families and individuals who call these areas home. Home ownership encourages permanency and instills pride in a community, opening the door for revitalization through reduced crime, beautification and increased property values. By rooting these changes in the residents of these neighborhoods, the changes are more likely to be long-term. Additionally, as home ownership in these areas is increased, the opportunity to encourage local small business also begins to present itself. Local small businesses not only provide job opportunities for neighborhood residents; but, also provide an increased stream of revenues that work to stimulate the local economy. Stimulating trade, empowering the local economy, and creating self-sufficient communities will only provide a more stable foundation for home owners.
