The historic Parkway Theater is a 100-year old building in Baltimore’s Station North Arts and Entertainment District. Reinvestment Fund financing helped rehabilitate the theater and adjacent buildings to create a world-class center for film, filmmakers and film education.Read Story
Reinvestment Fund participated in financing for the construction of a new CrescentCare health care facility in New Orleans, bringing much-needed primary care and prevention services to a community still rebuilding after Hurricane Katrina. The new 64,000-square-foot facility will enable CrescentCare, a community health center that provides a spectrum of care to expand access to primary care services while enhancing care for current patients. Construction will begin later this summer, resulting in the consolidation of four existing leased facilities into one comprehensive campus. The project will create or preserve over 450 part- and full-time jobs.Read More
Middle neighborhoods are neither the poorest nor the wealthiest neighborhoods in a city, typically experiencing neither precipitous decline nor rapid appreciation. In many cities, they account for a significant share of residents and are reasonably affordable to middle income households. This research brief examines conditions and trends in Philadelphia’s middle neighborhoods differentiated by their racial, ethnic, and national origin makeup. A deeper understanding of the dynamics at play in different types of middle neighborhoods can help guide policy and investment approaches to shore up the inherent strength in these areas, and also head off decline that could potentially diminish not only residents’ financial health and neighborhood quality of life, but also Philadelphia’s overall wellbeing.