Report
How a university-community home-sharing collective is creating a new model for affordable housing in West Philadelphia
2023
Abstract
Importantly, these impacts are being felt across generations. Many younger adults, saddled with student loan debt, are finding themselves without the savings or monthly earnings to qualify for a mortgage or afford rents. Meanwhile, an increasing number of older single homeowners have too much house to take care of and no feasible way to downsize without leaving their neighborhoods. And across all ages, these challenges are exacerbated in majority-Black neighborhoods, largely due to histories of racial segregation and fewer banking options, and now, gentrification and the quickening pace of institutional investors buying up properties. In historically Black neighborhoods adjacent to universities, these challenges can be compounded by encroaching development that caters to university-affiliated populations and young professionals.
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Details
- Title
- How a university-community home-sharing collective is creating a new model for affordable housing in West Philadelphia
- Creators
- Kirsten J Kaschock - Drexel University, English and PhilosophyAyana Allen-Handy - Drexel University, School of EducationBarbara DaleLauren M Lowe - Drexel University, English and PhilosophyCarol Richardson McCullough - Drexel UniversityRachel Wenrick - Drexel University, English and Philosophy
- Publisher
- Brookings Institution
- Resource Type
- Report
- Academic Unit
- School of Education; English and Philosophy; College of Arts and Sciences
- Identifiers
- 991022032971404721