Name
Cutting Residential Vacancy in Half: A Success Story From ChathamĀ (Mobile Workshop)
Date & Time
Thursday, September 8, 2022, 11:00 AM - 1:30 PM
Nedra Fears Deborah Moore Nicole Wheatly
Description

Chatham, a Black middle neighborhood on the South Side of Chicago, achieved what many disinvested communities dream of: a 50 percent drop in residential vacancy in three years. Nonprofit community development corporation the Greater Chatham Initiative catalyzed placekeeping projects, financial literacy initiatives, technical assistance, and philanthropic, public, and private sector investments. This work helped Chatham retain and attract homeowners and renters to occupy formerly vacant structures, reducing vacancies from 144 buildings in 2018 to 76 buildings in 2021. This mobile workshop will showcase the strategies practitioners in Black middle neighborhoods employ to prevent properties from becoming vacant, to address those that do exist, to reinvent and strengthen their appeal to Black middle households, and to maintain and grow opportunities for Black households to build wealth through home and business ownership

Session Type
Mobile Workshop