000 01710nam a22001457a 4500
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100 _aLowell, Warren and Smith, Imari
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245 _aWealthier neighbors and higher rents: The rental assistance demonstration and gentrification
260 _aUrban Affairs Review
300 _a59(5), Sep, 2023: p.1626-1664
520 _aPublic housing redevelopment is associated with the gentrification of neighborhoods. However, the Rental Assistance Demonstration (RAD), the largest redevelopment program in the U.S. to date, encourages preservation and introduces tenant protections that potentially limit gentrification-related displacement. In the first nationwide study of RAD's impact on neighborhoods, we linked administrative housing data with the American Community Survey and conducted difference-in-differences analyses of 1,141 neighborhoods across the U.S. to ask if RAD has induced changes associated with gentrification. We find that neighborhoods with redevelopment experienced larger gains in middle-class residents and larger losses in very low-income residents compared to similar, untreated neighborhoods. Neighborhoods with RAD also saw larger increases in rental housing costs, and these increases were largest in neighborhoods where redevelopment was extensive. These findings suggest that RAD contributes to gentrification. We use these findings to argue that policymakers must consider the housing stability of public housing's neighbors when planning redevelopment. – Reproduced https://journals.sagepub.com/doi/abs/10.1177/10780874221109453
773 _aUrban Affairs Review
906 _aURBAN DEVELOPMENT
942 _cAR