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Blog: Housing

09-29-17

New York City Supports Industrial Development through Innovative Financing Solution

ICIC

In many cities across the country, preservation of industrial land has become difficult as strong demand for housing has led to the redevelopment of many formerly industrial sites into mixed-use projects that feature housing, retail, and office space. This loss of industrial land raises important and timely questions about how cities are pursuing balanced and equitable economic development. ICIC’s own research has shown that many industrial jobs allow workers to earn a living wage: on average, workers earn 200 percent over federal minimum wage. In addition, industrial areas—often located in inner cities—can provide accessible employment opportunities for local residents. Read More



10-03-16

What Works: How an Innovative Anchor Partnership is Transforming one Inner City Neighborhood in Columbus

This case study highlights how an anchor institution’s initial efforts around neighborhood revitalization had a snowball effect that ultimately leveraged hundreds of millions of dollars in private investment. The redevelopment and construction of new housing served as the linchpin to a broad-based community effort to stabilize one of Columbus, Ohio’s most distressed inner city communities. Read More




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