Can we have investment and still preserve neighborhood affordability? - Metropolitan Planning Council

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Can we have investment and still preserve neighborhood affordability?

As new investment comes to East Garfield Park, community leaders are proactively planning to make sure development benefits current residents and minimizes forced displacement.

New investment is shaping communities throughout Chicago. Social, cultural and economic transformations are leading to new attention and development in many city neighborhoods. East Garfield Park is one of these communities.

After decades of disinvestment, East Garfield Park has started to see a rise in new housing development, increased private investment, and new, wealthier residents moving in. Unfortunately, as we have seen across Chicago, new investment and new amenities often don’t benefit everyone the same. Neighborhoods can quickly go from disinvested to overpriced. And in these cases, long-time residents, often Black or Latinx, who are on limited or fixed incomes are then hurt when housing costs rise faster than the money they make. Unfortunately, displacement happens as a result – of renters, homeowners, business, and community institutions alike.

This summer, MPC launched a pilot to get ahead of these negative impacts. We are partnering with local community groups, like Garfield Park Community Council, and with the Institute of Housing Studies at DePaul University. Together, we are convening a community-driven process make sure that current residents and businesses also benefit from new investment in the neighborhood.

Ultimately, our goal is to partner with community residents using data to inform collective priorities for preserving affordability in East Garfield Park. We will co-create an affordability preservation plan that community groups and residents have collectively agreed upon to guide future action in ensuring development benefits all, especially long-time community members.

Our first community meeting is on Tuesday July 23rd at 345 Gallery. Stay tuned here for updates and materials from this meeting and any future ones. Please reach out to jsarias@metroplanning.org if interested in joining the effort.

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Chicago, Ill. 60603
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For more than 80 years, the Metropolitan Planning Council (MPC) has made the Chicago region a better place to live and work by partnering with businesses, communities and governments to address the area's toughest planning and development challenges. MPC works to solve today's urgent problems while consistently thinking ahead to prepare the region for the needs of tomorrow. Read more about our work »

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