Next City, February 21, 2017: Community Investment Is Helping Reverse Chicago Gang Violence
“But those other options, already limited after the de-industrialization of Chicago, dried up even more during the Great Recession. Combine that with years of foreclosures leading to many abandoned homes and buildings, becoming magnets for crime and a drain on property values. Combine all of the above with the fact that low-income neighborhoods and predominantly minority neighborhoods in Chicago still aren’t getting their fair share of lending, according to Patterns of Disparity, a new report from the Chicago-based Woodstock Institute.”