[subzidion]

Here's a TL;DR

> "the Cincinnati Center City Development Corp.—better known as 3CDC—has invested or leveraged more than half a billion dollars into Over-the-Rhine, buying and rescuing 131 historic buildings and building 48 new ones, while maintaining subsidized housing, rehabilitating parks and driving out criminals with cameras, better lighting, liquor store closings and the development of vacant lots"

[antisthenes]

Here's a TL;DR for your TL;DR.

Real estate development corp invests $500 million into gentrifying an area.

[aminok]

You know how far gone social justice is as an ideology when "gentrification" has become a bad word.

Gentrification means more safe high quality neighbourhoods for people to live in. The local effect might be to price some low income people out of their community but the systemic effect is to increase the supply and therefore reduce the cost of better quality housing.