This community profile takes an in-depth look at “affordable housing” in the Concourse/Highbridge neighborhood of the Bronx—one of the poorest neighborhoods in New York City. A large percentage of new affordable housing units are financially out of reach for low-income residents in the neighborhood. Could new plans for development and affordable housing in the Jerome Avenue Corridor of the South Bronx destabilize this already vulnerable community?…
Tag: income inequality
A Neighborhood Divided: Gentrification, Poverty, and Homelessness in Elmhurst/Corona
This report reveals that low-income families in the Elmhurst/Corona section of Queens, New York, are at risk of growing housing instability in the face of gentrification, rising rents, and a rapidly vanishing affordable housing stock. Community development and gentrification often push lower income residents out of desired and affordable neighborhoods. Understanding that a potential crisis is on the doorstep, this community has a unique opportunity to manage and hopefully reduce the instability that ultimately drives many families into homelessness.…
The Process of Poverty Destabilization: How Gentrification is Reshaping Upper Manhattan and the Bronx and Increasing Homelessness in New York City
As gentrification spreads in parts of New York City and across the country, this policy brief looks at trends in three neighborhoods of Upper Manhattan and the South Bronx—Washington Heights, Highbridge/Concourse, and Kingsbridge Heights—to better understand what poverty destabilization is and where and when it occurs.…