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Building Equity

Equitable Real Estate Development Strategies for Weak Markets

Erica Spaid Patras, Maria Walliser-Wejebe, and Alison Goebel

October 2022, English

Local public, private, philanthropic, and nonprofit changemakers have joined a growing national call to increase equitable outcomes for people of color and low-income residents. The need to improve outcomes is acute in legacy cities, where inequities tend to be prevalent and persistent. This paper presents a scan of equitable development strategies centered around real estate market activity that are specifically geared for use in legacy cities with predominantly weak real estate markets or a lack of extensive political will to support broad-based equity programming. The strategies in this paper range from hyper-local interventions responding to individualized development proposals, to more established programming that improves development processes or more equitably redirects anticipated market gains to people of color and low-income residents.


Development, Economic Development, Housing, Inequality, Local Government, Poverty, Public Policy