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YIMBYYay t1_ja9ae5o wrote

>In the decades since, developers have erected numerous luxury apartment buildings and home prices in the neighborhood have soared, displacing residents who could no longer afford to live there.

Building more housing does not cause prices to increase. Lack of building and supply in high-demand areas is at fault. Also, market rate doesn't mean luxury.

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ktxhopem3276 t1_ja8idyr wrote

The lower elevations, especially the Charles st valley is the historically black part of the neighborhood and is in the worst shape. Perry hilltop wasn’t a redlined neighborhood. it did badly in the 80s which is a little surprising given it’s vantage point overlooking the city and it has decent bus routes but I guess most old city neighborhoods did badly in the 80s. Not too many American legion buildings were built in poor black neighborhoods and it sits empty now that old white people that frequented it have died off. Good for her for finding a fitting use for an unused building.

Here are some maps that show the top of the hill is still a mixed race neighborhood.

http://thetartan.org/2020/2/3/scitech/housing

Source from Wikipedia:

Perry South experienced white flight after 1960; from 1960 to 1970, the neighborhood's total population declined from 16,000 people to 13,000, while its African-American population, which had formerly been located almost exclusively in the Charles Street Valley, increased from 15% to 20%.[5] From 1970 to 2000, the total population decreased to just 5,200 people, of whom 65% were African-American.[6]

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DeleteSystem33 t1_ja8lgpx wrote

Terry has owned those lots since at least 2010 if not earlier, weird that the article says 2021. She's been shorting contractors on pay since as long as I've been in the neighborhood. I've talked to many over the years, I'll be surprised if she gets another team in there, she's notorious and nobody who's worked for her has had anything good to say.

I'll probably die of old age myself before she opens anything there.

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ktxhopem3276 t1_ja8lz3d wrote

Yeah that’s the issue with some of these grant programs - finding a good steward of the money. I hope they come with prevailing wage requirements like government contracts. Maybe a thing like an old American legion building should just be purchased outright by URA and used for the community benefit

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KentuckYSnow t1_jaaoyjp wrote

They issue with the programs is that they're granting money on hopes, dreams and race.

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ktxhopem3276 t1_jab34hy wrote

Almost the same as when banks give out money except they give it to white people instead of black people…:

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PorkyWallace t1_jab05o6 wrote

Why don't private entities invest in places like Homewood? Surely there's a huge underserved area with massive profit potential.

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