ELEVATION vs GENTRIFICATION
Karl Dakin
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
RCI Academy is planning the presentation of its first educational program on the Topic of Community Capital while RCI Community Funds Benefit LLC completes the design of its community investment fund model and engages a community for its first implementation.
In discussing community revitalization with different community leaders, it is important to distinguish the elevation of a community from gentrification.
?Gentrification is the process by which a neighborhood undergoes significant changes as higher-income individuals or businesses move in, often revitalizing the area but also driving up property values and living costs. This shift can lead to the displacement of long-standing residents, particularly those from lower-income backgrounds, due to the increased cost of living and property taxes. While gentrification can lead to reduced crime rates, improved infrastructure, and increased economic activity, critics argue that it also causes loss of cultural identity and community as residents are displaced. Research points out that the phenomenon disproportionately impacts minorities and low-income populations.
?Community revitalization is the process of reinvigorating a neighborhood or area by improving its physical, economic, and social aspects. Unlike gentrification, which often brings in new, higher-income residents and displaces long-time residents, community revitalization emphasizes enhancing conditions for existing residents. Efforts usually involve local governments, community organizations, and residents working together to achieve goals like affordable housing, improved infrastructure, economic opportunities, and enhanced public spaces.
?In both cases, the community will change. Maintaining the status quo is not an option. The real question is who benefits. If the community changes and the residents do not benefit, they can and should resist change. However, if the residents benefit from the change, then thoughtful engagement of residents will show the path forward to elevation.
?Gentrification, Neighborhood Change, and Population Health: a Systematic Review : pmc.ncbi.nlm.nih.gov/articles/PMC7010901/
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SEE OUR NEW WEBSITE
?RCI has established its website – https://www.rcicommunityfunds.com . We will be adding information on our work and the work of others who are supporting community investment to this site. All of the past editions of this Community Revitalization newsletter have been posted on the website.
?JOIN OUR GROUP
?We have established a ‘Group’ on LinkedIn as a forum for discussion and sharing information on rebuilding communities - https://www.dhirubhai.net/groups/14502175/ . We invite people who can team with us to become part of our community.
?CALL FOR COLLABORATION
?RCI is currently reaching out to people, organizations, and programs with whom its leadership team has worked to begin building a national collaboration of partners that can develop best funding practices, share knowledge, and accelerate community revitalization.
?Anyone interested in joining in this effort should contact:
Karl Dakin
?COMMUNITY REVITALIZATION AT WORK – GRAND MARAIS, MINNESOTA
?On October 16th, WTIP North Shore Community Radio was named a Press Forward grant recipient. WTIP joins this inaugural, historic cohort of more than 200 local newsrooms across the country that are filling critical information gaps and working in service of our communities, thanks to funding from Press Forward, the nationwide movement to strengthen communities by reinvigorating local news.
WTIP is part of a bright mosaic of independent, non-partisan sources that are reimagining what local news looks like across America. Our peers include newer nonprofits – some launched as information needs became evident during the pandemic – and enduring for-profits continuing to adapt and innovate after a century in business. Some newsrooms are reporting on the vast American countryside – where they are often the only news source for hundreds of miles – while other outlets are covering people of color and linguistically diverse communities that traditional news sources have overlooked. Each produces the everyday stories people need to make decisions about their daily lives.?You can view the list of recipients at?pressforward.news/grantees .
领英推荐
?Community communications are vital to community revitalization, engagement, and participation.?
?CALL FOR SUCCESS STORIES
?If you have a success story on community revitalization that you would like to share with others through this newsletter, please contact:
??????????? Karl Dakin
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?SHOW ON LINKEDIN LIVE
RCI Community Funds presents the Community Revitalization show on Thursdays at 10 am Eastern Time on LinkedIn, YouTube, and Facebook.
TOMORROW, October 31 at 8 am MDT / 10 am EDT, Karl Dakin and Bill Huston will host Chris Miller with the National Coalition for Community Capital (this event was rescheduled from four weeks ago).
You may view the show at:
LAST THURSDAY, the Community Revitalization show featured the new nonprofit – RCI
?Academy and its first educational program on Community Capital. Andrea Miller, Executive Director of the Center for Common Ground , discussed with Karl Dakin the importance of understanding community capital as a concept in organizing collaboration toward improving underserved communities.
?You may view a recording at this link:
?RCI MANAGEMENT TEAM
?RCI is led by Stephen Shaff , Bill Huston , Jeff Dangremond , Aaron Shalom , and Karl Dakin , who collectively hold over 150 years of experience in community engagement, organization, and fundraising. For detailed information on the management team’s background, see here .
?The management team boasts a robust network of experts across various disciplines and leaders experienced in prior community revitalization and economic justice projects. This extensive network acts as a dynamic repository of knowledge, documentation, and financial data, serving as a foundation for the team's strategic planning and execution. Leveraging these connections, the team is uniquely positioned to implement a scalable proposed funding model with precision, drawing on proven strategies and insights from past successes.
?PRIOR NEWSLETTER EDITIONS
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Founder of Knowledge Avatars. Edtech innovator, writer, photographer, cook, hiker, and tango dancer.
3 周I'm new at this so please excuse me if this is a basic question. What drives an increase in property values? Is there a trigger, such as increased property taxes, or is it that an influx of higher-income residents simply increases the opportunity for landlords to generate more profit?
Founder of CrowdMax
3 周Gentrification isn’t just a shift in neighborhood appearance; it reveals deep economic and political dynamics that often harm long-standing, predominantly Black communities. Rooted in the historic "white flight" of the mid-20th century—when white residents left urban neighborhoods due to racial biases or perceived decline—property values dropped, making these areas attractive for redevelopment. This cycle of disinvestment followed by targeted reinvestment drives up property values, frequently displacing existing minority residents and reshaping communities.
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3 周Thats Very interesting and it's good for the future Generations thanks for sharing this karl Dakin best wishes to each and everyone their ?????????????????????????
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
3 周Does your community face gentrification?