Neighborhood trend analysis

“Neighborhood revitalization” and “gentrification” are sometimes used interchangeably, but they are not the same. “Revitalization” describes the process of investment in neighborhoods that have gone through periods of disinvestment or stagnation, often leading to negative socio-economic and real estate market trends. Revitalization is needed in order to improve the quality of life for the people who live, work, and worship in these low- and moderate-income neighborhoods that face major challenges. Typically, revitalization is led by public investments which leverage private-sector investment.