Displacement of Lower-Income Families in Urban Areas Report
Congress asked the U.S. Department of Housing and Urban Development (HUD) to examine the effects of rapidly rising rents in urban areas across the nation and ways to avoid displacement. This report reviews the recent research on the causes and consequences of gentrification and identifies key steps policymakers can take to foster neighborhood change that is both inclusive and equitable. Approaches vary, but share a focus on the preservation and production of affordable housing and collaboration and partnership among local governments. This report suggests four key strategies that could address displacement of lower-income families and long-time residents in urban areas and alleviate the pressures of gentrification on housing affordability and community stability.