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Private Development Programs for Weak Markets

March 7, 2023 | 12:00PM - 1:00PM

Moderator: Robie Suggs, Chief Lending Officer, Cincinnati Development Fund 
Speakers: Shannon Morgan, Managing Partner, Renovare Development and Brian Potts, Managing Partner, the Ridgewood Group, LLC, Springfield, OH

This webinar is the second 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 2: Private Development Programs for Weak Markets 
March 7, 2023

In this second webinar in the series, “Building Equity and Market Strength in Legacy Cities: Context-Driven Equitable Development,” speakers will present emerging programs driven by for-profit developers to build local market strength, often with a focus on meeting the needs of existing residents or supporting minority contractor business development.