“Gentrification”

Displacement risk Philadelphia 2015.png

My corner of Philadelphia (Kensington) is seeing rapid real estate development. While nearly everyone wants the benefits of development (jobs, for instance, or improved city services) those changes often come with a price—increased taxes, higher rents, higher cost of living. For some, development means displacement. 

The Reinvestment Fund measures displacement risk by comparing average housing sales prices to median family income. On a map generated with that index in PolicyMap, a wide swath of my neighborhood appears purple, spreading north and east from Center City along the Delaware River, indicating a high likelihood that my neighbors or I will be priced out. 

The company I work for, New Kensington Community Development Corporation, is one of many organizations countering involuntary displacement by helping families purchase homes, repairing existing homes, and building new affordable housing. On my six-block walk to work, I document the physical changes.