- the act, process, or technique of building a nest.
A growing concern with creating high quality affordable housing in underserved areas is the reality that such efforts often increase property values and displace low-income families and small businesses. In understanding the dynamics of neighborhood development Hanns & Erving specifically tailored our development operations to relax the progression of what is known as gentrification.
Our approach to building equity augments the process gentrification; in a manner, that is responsible and person-centered rather than profit-centered. We do not believe that neighborhood residents are opposed to gentrification itself, but that they are genuinely dissatisfied with the results. Providing residents with an opportunity to actively participate in the growth and success of their neighborhoods allows them to assume a different perspective of the process of gentrification.
Gentrification can now be viewed as a process that provides opportunities for local residents to profit socially and economically as opposed to only the outside entities that have come solely to generate profits.
Our process is more centered towards nidification. We focus on building the strength and skills of those already present in the neighborhood so that they may develop the skills necessary to thrive in an open market. Hanns & Erving will train and educate our members to understand the effects of real estate development and its ability to foster the long term stability of their neighborhood. We will provide them with education on the effects of housing on health, education and the general well-being of our society. We understand that the process of change is a collective effort and does not happen instantaneously.