{"id":22722,"date":"2017-08-22T09:00:25","date_gmt":"2017-08-22T13:00:25","guid":{"rendered":"http:\/\/www.wrfalp.com\/?p=22722"},"modified":"2017-08-22T09:00:25","modified_gmt":"2017-08-22T13:00:25","slug":"jrc-to-focus-on-four-target-areas-as-part-of-neighborhood-improvement-strategy","status":"publish","type":"post","link":"https:\/\/www.wrfalp.com\/jrc-to-focus-on-four-target-areas-as-part-of-neighborhood-improvement-strategy\/","title":{"rendered":"JRC to Focus on Four Target Areas as Part of Neighborhood Improvement Strategy"},"content":{"rendered":"
\"\"

Jamestown Renaissance Corporation’s Neighborhood Project Manager Mary Maxwell and others present details from the JRC’s Housing Market Analysis and Neighborhood Revitalization Strategy Review to members of the Jamestown City Council Housing Committee during the committee’s Aug. 21 meeting.<\/em><\/p><\/div>\n

JAMESTOWN – Four target area neighborhoods have been identified as the focus for any new strategies needed to help shore up housing value and market stability in Jamestown.<\/p>\n

The Jamestown Renaissance Corporation<\/strong> shared details of its recently completed Housing Market Analysis and Neighborhood Revitalization Strategy Review<\/strong> report with members of the Jamestown City Council\u2019s<\/strong> housing committee on Monday night.<\/p>\n

Representatives from the JRC went over the report prepared by Peter Lombardi<\/strong> from czb LLC<\/strong>, which offered details on the impact recent intervention programs had on target neighborhoods over a five-year period, as well as what new neighborhoods should be focused on during the next several years.<\/p>\n

Examples of intervention programs include the Renaissance Block Challenge<\/strong>, the GROW Jamestown<\/strong> gardening and landscape program, and the establishment of Lakeview Ave.<\/strong> as a state and nationally recognized historic district. Each effort was largely funded by a combination of $1.25 million in program funding from the JRC ($350,000) and private investments by the property owners ($900,000).<\/p>\n

According to the report, the neighborhoods that benefited from intensive intervention saw the average sale price of a single-family home increase by 5 percent. However, homes in neighborhoods that saw intermediate or only a small amount of intervention saw the average sale price go down by 13 percent. The average sale for homes in neighborhoods that didn\u2019t get any intervention saw an increase of just under 2 percent.<\/p>\n

\"\"As a result of the study findings, the JRC said it\u2019s next round of intervention programs will focus on four neighborhoods in the city where there is a strong market area located next to a soft or very week housing market area: The Northside\/Lakeview Focus Area;\u00a0 the Western Gateway Focus Area; the Hazeltine\/Forest Focus Area; and the Allen Park\/Hospital Focus Area.<\/p>\n

Some individuals in attendance raised questions about the report, as well as the conclusion that further investment should be provided in areas where there is a strong housing market. Patrick Morris, executive director of CODE, questioned why the funding isn\u2019t being applied exclusively to neighborhoods that have seen housing prices decline, rather than also using the money in areas that have stability or seen a market increase.<\/p>\n

“Our goal is to get the best value for the money we invest in a broader sense,” explained JRC board member Leonard Faulk. “One focus that we have is how do you develop an increased tax base? Part of our goal is how to we get people to have more confidence in the future so they are willing to invest more of their own money in housing improvements. That’s why we focus on areas where property owners can also invest their own money, instead of areas where property owners have little to no money to invest.”<\/p>\n

Another attendee questioned the return on investment, considering more than $1.25 million in total investment had been made in the past target areas, with the 5 percent increase in housing prices in only some of the targeted areas being the final result, while other areas that saw a lesser amount of investment actually saw a decrease in housing prices.<\/p>\n

Due to time constraints, a thorough discussion on the impact of the programs couldn\u2019t take place. However, the report will also be presented to the full city council at an upcoming work session.<\/p>\n

The JRC will be also be posting the housing report at jamestownrenaissance.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

JAMESTOWN – Four target area neighborhoods have been identified as the focus for any new strategies needed to help shore up housing value and market stability in Jamestown. The Jamestown Renaissance Corporation shared details of its recently completed Housing Market Analysis and Neighborhood Revitalization Strategy Review report with members of the Jamestown City Council\u2019s housing […]<\/p>\n","protected":false},"author":22,"featured_media":22723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[7841,987,1041,7840,1162,7063,1425,1524,1789,1877],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2017\/08\/City-Council-Aug-2017-Housing-Committee.jpg?fit=1000%2C595&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3YlJ4-5Uu","jetpack-related-posts":[{"id":42586,"url":"https:\/\/www.wrfalp.com\/jrcs-neighborhood-block-challenge-targets-northside\/","url_meta":{"origin":22722,"position":0},"title":"JRC’s Neighborhood Block Challenge Targets Northside","author":"WRFA Radio","date":"February 11, 2022","format":false,"excerpt":"A section of the city's northside will be the target area for Jamestown Renaissance Corporation's Neighborhood Block Challenge Program. Neighborhood Coordinator Mary Maxwell gave a presentation to the City Council Housing Committee on the program for 2022. It targets an area bordered by Buffalo Street east to Sturges Street, with\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2022\/02\/JRC-Neighborhood-Northside-Target-Area.png?fit=800%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2022\/02\/JRC-Neighborhood-Northside-Target-Area.png?fit=800%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2022\/02\/JRC-Neighborhood-Northside-Target-Area.png?fit=800%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2022\/02\/JRC-Neighborhood-Northside-Target-Area.png?fit=800%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26864,"url":"https:\/\/www.wrfalp.com\/jrc-selects-upmc-chautauqua-neighborhood-as-target-area-for-block-challenge-2-0\/","url_meta":{"origin":22722,"position":1},"title":"JRC Selects UPMC Chautauqua Neighborhood as Target Area for Block Challenge 2.0","author":"WRFA Radio","date":"October 17, 2018","format":false,"excerpt":"JAMESTOWN - A neighborhood on the south side of town will be one of the target areas for a beautification and improvement program spearheaded by the Jamestown Renaissance Corporation. The JRC has selected the Allen Park\/UPMC Chautauqua area as the first selection of the 2019 Block Challenge 2.0 target area.\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/10\/JRC-Block-Challenge-2-Map.png?fit=1041%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/10\/JRC-Block-Challenge-2-Map.png?fit=1041%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/10\/JRC-Block-Challenge-2-Map.png?fit=1041%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/10\/JRC-Block-Challenge-2-Map.png?fit=1041%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":43594,"url":"https:\/\/www.wrfalp.com\/jrcs-paint-jamestown-program-looking-for-funding-to-expand\/","url_meta":{"origin":22722,"position":2},"title":"JRC’s ‘Paint Jamestown’ Program Looking for Funding to Expand","author":"WRFA Radio","date":"April 5, 2022","format":false,"excerpt":"The Jamestown Renaissance Corporation's 'Paint Jamestown' program is looking for additional funding in order to expand. 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