GOPC recently concluded a two-part webinar series in partnership with the Lincoln Institute of Land Policy. The webinar series entitled, Building Equity and Market Strength in Legacy Cities: Context-Driven Equitable Development examined strategies that promote equitable outcomes while also protecting against overstepping and diminishing the market strength essential to sustained revitalization.
The first webinar, Equitable Development Programs for New Construction in Weak Markets focused primarily on non-profit and local government programs.
Watch the recording to learn more about:
A evolving linkage fee/community benefits agreement model being refined in Cleveland by Tremont West Development Corporation to leverage hyper-local areas of market strength into equity benefits
Pittsburgh’s Centralized Real Estate Accelerator, which strives to create more opportunities for community ownership in Black and Brown neighborhoods, as well as a pipeline of investable projects.
The experience of the Port of Cincinnati’s pilot combining business district revitalization with minority business development
The second webinar, Private Development Programs for Weak Markets focused on the experience of for-profit developers working in weak markets to build market strength and address racial- and income-disparities.
Watch the recording to learn more about:
How private developers evaluate whether to invest in weak markets
Opportunities for philanthropy to support mixed-income, equity-driven development
Ways for growing minority contractor and developer participation
The value of partnerships to private developers
Tried and true as well as emerging funding tools private developers rely on
The role of density in making projects financially feasible
For more information on equitable development strategies in weak markets, check out our working paper here.