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A new model for affordable housing

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内容由The Washington Post提供。所有播客内容(包括剧集、图形和播客描述)均由 The Washington Post 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In a predominantly Black Chicago neighborhood, how one affordable housing program is addressing inequality by enabling homeownership.

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Over the years, rows of two-story stone houses and small buildings have fallen into disrepair in the Chicago neighborhood of North Lawndale. The neighborhood was made famous in 1966, when the Rev. Martin Luther King Jr. — hoping to turn the focus of the civil rights movement on housing inequalities in the North — moved his wife and four children into a dilapidated apartment there.

Decades later, much has stayed the same in North Lawndale, where crime and poverty rates remain high. Last year, more than 2,000 empty lots dotted the neighborhood.

But a group of local developers and activists are pushing to change things. They’re planning to build 1,000 standalone affordable homes for people who already live in the neighborhood as renters, so they can buy homes and start building equity and generational wealth through homeownership.

The approach aims to end poverty by focusing not on rental subsidies, but on finance classes and helping people buy their own homes. But according to reporter Kyle Swenson, it’s an approach that will need federal government buy-in to really succeed.

  continue reading

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A new model for affordable housing

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Manage episode 304581895 series 2487345
内容由The Washington Post提供。所有播客内容(包括剧集、图形和播客描述)均由 The Washington Post 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In a predominantly Black Chicago neighborhood, how one affordable housing program is addressing inequality by enabling homeownership.

Read more:

Over the years, rows of two-story stone houses and small buildings have fallen into disrepair in the Chicago neighborhood of North Lawndale. The neighborhood was made famous in 1966, when the Rev. Martin Luther King Jr. — hoping to turn the focus of the civil rights movement on housing inequalities in the North — moved his wife and four children into a dilapidated apartment there.

Decades later, much has stayed the same in North Lawndale, where crime and poverty rates remain high. Last year, more than 2,000 empty lots dotted the neighborhood.

But a group of local developers and activists are pushing to change things. They’re planning to build 1,000 standalone affordable homes for people who already live in the neighborhood as renters, so they can buy homes and start building equity and generational wealth through homeownership.

The approach aims to end poverty by focusing not on rental subsidies, but on finance classes and helping people buy their own homes. But according to reporter Kyle Swenson, it’s an approach that will need federal government buy-in to really succeed.

  continue reading

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