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NJFuture Redevelopment Forum 2016 Riddick

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Presentation from Gentrification vs. Homogenization

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NJFuture Redevelopment Forum 2016 Riddick

  1. 1. AN EXERCISE IN COMMUNITY PRESERVATION MONTCLAIR
  2. 2. 12 Miles West of NYC Montclair-- Founded: 1868 6.32 Square Miles 38,142 Population Walkable Main Street Trendy Restaurants, Shops, and the Arts Historically diverse and integrated 100 Year Old Montclair Art Museum
  3. 3. It Happens!!!! C H A N G E
  4. 4. 2000-2002 Midtown Direct Montclair Train Connection: Joined the former Lackawanna Montclair Branch & the Erie Railroad’s NY and Greenwood Lake Railroad
  5. 5. …….911 Andthen…
  6. 6. Post 911 Montclair  New Yorkers Fled Manhattan in Search of Security in the ‘Burbs’  Housing Prices Skyrocketed  Affordability Became Threatened  The Seeds of Change Had Been Planted
  7. 7. Action and Advocacy Montclair Affordable Housing Coalition Grass roots community organizing Community meetings/charettes Partnering with municipal/elected officials/residents Consensus building
  8. 8. 2004 – Montclair Affordable Housing Strategy The Township of Montclair engaged consultants, Baird and Driskell, to draft a plan to research and provide action items to increase housing affordability
  9. 9. MAHS Summary  Designated Montclair affordable housing need: 4,240 units vs 600+/-  43% of renters are spending more than 30% of their income on housing  Created Montclair Affordable Housing Commission to advise Council on strategy implementation  Created Montclair Housing Trust Fund  Staffed by Township Planning Director
  10. 10. 2006 Inclusionary Zoning Ordinance  The Montclair Township Council approved the IZO: 1 in 5 units, or 20%, of all new housing units must be affordable in developments of 5 units or more
  11. 11. Montclair Housing Affordability Since the IZO Total Affordable Units: 639 vs Montclair’s 2015 estimate: 1,000
  12. 12. 2000 2014  Median Home Price: $395,001  Total Housing Units: 15,531  600+/- Affordable Units  White Population: 59.8%  Black Population: 32.1%  Other Population: 8.1%  Median Income: $74,894  Poverty Rate: 5.6%  Median Home Price: 659,484*  Total Housing Units: 15,481  639+/- Affordable Units  White Population: 64.5%  Black Population: 25%  Other Population: 10.5%  Median Income: $97,907  Poverty Rate: 6.6% What’s the Impact on Community Preservation? US Census, American FactFinder *2016
  13. 13. What Does the Future Look Like for Montclair? Successes--  Walkable Community  Arts, Culture, Shopping  Good Public Schools  2015 Great American Main Street  Inclusionary developments  Gentrification/Mixed Income Challenges--  Sustained Affordability  Explosive Growth  Gentrification/Fewer Lower Income  Political Will
  14. 14. Is Montclair Gentrified or Homogenous??
  15. 15. HOMECorp Homes of Montclair Ecumenical Corp. Beverly M. Riddick info@homecorp.org www.homecorp.org 973-744-4141

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