Publication Date: March 1997
Publisher: Furman Center for Real Estate
Author(s): Mitchell L. Moss
Research Area: Social conditions
Keywords: Economic development; Housing Policy; Neighborhoods; Affordable Housing
Public policies for urban development have traditionally emphasized investment in physical infrastructure, the development of large-scale commercial facilities, the construction of new housing, and the renewal of existing neighborhoods. Most efforts to revitalize central cities by building new facilities for visitors have focused on suburban commuters and tourists. At the same time, many housing initiatives in central cities have concentrated on low-income communities because outlying suburban areas have attracted traditional middle-income households.
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