East Garfield Park residents gather to discuss goals and strategies for preserving affordability and preventing displacement in a community-driven planning process piloted by MPC, Institute of Housing Studies, and Garfield Park Community Council.
Our very own President and CEO Vauna Hernandez was a key speaker (pictured above)
Neighborhood residents discuss housing strategies in small groups
Over the last few years, East Garfield Park has seen an increase in new development and investment, with property prices quadrupling over the past six years. Between 2012 and 2018 the median sale price for one-to-four unit properties increased from $40,000 to $160,000. While many residents acknowledge that investment is needed to support their community, oftentimes, long-time residents do not reap the benefits and risk displacement. So how can communities have new development and investment, while also ensuring that long-time, legacy residents do not get displaced as a result?