Name: THE IMPACT OF GENTRIFICATION ON BLACK FAMILIES AND THE LOSS OF GENERATIONAL HOMES | LANCESCURV
Uploaded: 2024-08-18T14:56:48+00:00
Duration: 1 h 11 min 5 s
Description: Gentrification is the process by which urban neighborhoods, often with lower-income residents, experience an influx of higher-income individuals, leading to changes in the community’s character, cultu

Streamed on: Aug 18, 12:00 pm EDT

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Gentrification is the process by which urban neighborhoods, often with lower-income residents, experience an influx of higher-income individuals, leading to changes in the community’s character, culture, and economic structure. In theory, gentrification can revitalize neglected neighborhoods with new investments in housing, infrastructure, and businesses. However, this process often displaces the existing, long-term residents who can no longer afford the rising costs of living that accompany such change. For Black families, especially those who have lived in their neighborhoods for generations, gentrification threatens more than just displacement—it erodes the very foundation of family stability, cultural identity, and economic security.

In Black communities across America, the loss of generational homes due to gentrification is a critical issue. These homes represent more than just property; they symbolize heritage, familial continuity, and economic grounding. Losing these homes due to the rising costs of taxes, utilities, and the general cost of living exacerbates existing socio-economic challenges and causes emotional and psychological strain. In this discussion, we delve into 15 distinct issues affecting Black families as their neighborhoods gentrify, followed by a breakdown of the gradual process of losing a generational home to gentrification and strategies to help families hold on or transition smoothly.

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