REDI Blog, REDI in the News

How local developers are taking a different approach to keep rent prices down

The AZ Group knows that the city’s teachers and firefighters can’t afford to pay $1,800 a month in rent. Rather than build apartment towers near the water and charge over $2,000 a month for a studio apartment, the local developer is instead focusing its efforts on building smaller-scale projects in neighborhoods north of downtown. Read […]Read Article
REDI in the News

Nearly 300 Professionals Participate in 8th Annual Saul Ewing Real Estate Conference

"I personally believe in a future where all people are able to thrive in their chosen community and responsible developers have to create a platform that challenges development that values profit over people," explained Ernst Valery, Founder, www.get-REDI.com and the moderator of the panel on placemaking. “Placemaking is the wave of the future. It is not enough to develop projects that are driven by individual thoughts or dreams. It is vital to engage all the collective stakeholders in the community to arrive at solutions that represent the best interests of many."
Read Article
REDI Blog

I Always Wanted to Build Homes

As far back I can remember, I wanted to build homes. My mother built our home in Haiti at a time when buying land, securing capital, working with an architect, and managing contractors was not recognized as something a woman could handle.
Read Article
Interesting Articles & Research

Affluent and Black, and Still Trapped by Segregation

In many of America’s largest metropolitan areas, including New York, Chicago and Los Angeles, black families making $100,000 or more are more likely to live in poorer neighborhoods than even white households making less than $25,000."
Read Article
Uncategorized

Where do Black Folks Get to Thrive?

"So as debates about gentrification and displacement rage, no real answers seem forthcoming, not as long as potential solutions are so detached from the capital needed for people not to move out but to stay put. To invest in businesses and property so that black folks don't keep getting outpriced and bumped out."
Read Article
Uncategorized

City Visions: Rasmia Kirmani Frye, Fund for Public Housing

An executive at the nation's largest housing authority talks about her groundbreaking program to leverage private philanthropy to aid the country's ailing public housing system Rasmia Kirmani-Frye, president, Fund for Public Housing and director, Office of Public/Private Partnerships, NYCHA
Read Article
Interesting Articles & Research

National League of Cities Launches First-Ever Equitable Economic Development Fellowship

The Equitable Economic Development Fellowship is a two-year, $1 million effort to help equity, transparency, sustainability and community engagement become driving forces in local economic development efforts.
Read Article
Interesting Articles & Research

Beyond Gentrification: Tools for Equitable Development

Most of the communities that face gentrification have suffered population loss over the last two or three decades due to white and middle class flight, disinvestment and draining of resources into sprawling suburban developments.
Read Article
REDI in the News, REDI People

Wendell Pierce invests in $20 million Baltimore housing complex

Actor Wendell Pierce believes that social justice in the 21st century lies in economic development.
Read Article
Interesting Articles & Research

How Banks and Developers Collude to Get Rid of New York’s Affordable Housing

Granting huge mortgages on rent-regulated buildings doesn’t make financial sense—unless lenders know buyers will kick out existing tenants.
Read Article