Moderator:  Beverley Loyd, Managing Director of Lending MI and OH, IFF 
Speakers: Cory Riordan, Executive Director, Tremont West Development Corporation and Matthew Madia, Director of Real Estate Services, Neighborhood Allies (Pittsburgh)

This webinar is the first in a two-part series, “Building Equity and Market Strength in Legacy Cities: Context-Driven Equitable Development.” 

Weak market conditions severely limit policy and programmatic options for addressing inequity in legacy cities. But equitable real estate development is possible with creativity, local knowledge, and sensitivity to protecting burgeoning market strength.  

Greater Ohio Policy Center and the Lincoln Institute recently published a working paper, Building Equity: Equitable Real Estate Development Strategies for Weak Markets, which outlines several of these approaches. 

In this series, we examine strategies identified in the working paper that promote equitable outcomes while also protecting against overstepping and diminishing the market strength essential to sustained revitalization. We also share efforts led by private developers to strengthen real estate markets through innovative, equity-driven approaches. 
 
This webinar series will interest practitioners in legacy cities who want to learn about policies and programs that can work in weak markets. Strategies covered range from emerging interventions to more established programming aimed at ensuring the gains from economic development benefit all residents. 

Webinar 1: Equitable Development Programs for New Construction in Weak Markets 
February 28, 2023

This webinar will present detailed examples of strategies applicable in weaker real estate markets that can deliver equity benefits in novel ways. These strategies are suitable for local actors working in places that cannot sustain broad inclusionary housing policies or exactions due to the lack of market strength, political will, or both.