TITLE

Neighborhood Power

AUTHOR(S)
Holtzman, David
PUB. DATE
February 2007
SOURCE
Planning;Feb2007, Vol. 73 Issue 2, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides information on the anti-blight platform campaign of Mayor John Street of Philadelphia, Pennsylvania which eventually has lead to the Neighborhood Transformation Initiative (NTI). The city has issued $296 million in bonds for NTI to demolish unsafe buildings and assemble vacant lots for redevelopment. Private developers have responded with the proposals and NTI has worked with Reinvestment Fund to identify neighborhoods with the weakest housing market. As a result of the program, one block of Berks Street that has been vacant for years are renovated and sold to first-time home buyers at low market rate prices.
ACCESSION #
23988902

 

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