Blog
Rebuilding Generational Wealth for Black and Brown Americans
When you are in the business of financing housing construction, generational wealth is foundational to your work whether you recognize it or not. At the Philadelphia Accelerator Fund, we go further - for us, addressing the generational wealth gap for Black and Brown...
How Developers Can Support Communities
Developers have access to power that can have an immense effect on the neighborhoods. All too often their impact is negative, displacing residents, closing community stalwarts, or causing rapid gentrification. It does not have to be this way! Here are a few...
Strategies for Increasing Affordable Housing in Philadelphia
Safe and affordable housing is a right that everyone deserves. It can build generational wealth for both renters and homeowners, allowing renters to save money and giving homeowners the opportunity to profit or pass their home onto family. Throughout the country,...
Curbing Gentrification in Philadelphia
While many people believe gentrification is good for neighborhoods, property values, and crime, there are plenty of negative effects to explore. We define gentrification as “the restoration of run-down urban areas by the middle class (resulting in the displacement of...
A Brief History of Redlining in Philadelphia
Many of the issues surrounding affordable housing for Black and Brown people in Philadelphia are because of the discriminatory policy called “redlining.” We can trace redlining back to the 1930s, when the federal Home Owners’ Loan Corporation created a color-coded map...
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