October 1, 2020

Page 1

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W I N S TO N - S A L E M , N . C .

Volume 47, Number 4

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THURSDAY, October 1, 2020

Study on housing loss reveals few surprises for urban core

BY TEVIN STINSON THE CHRONICLE

Last month representatives from New America, a think tank that focuses on a range of public policy issues, revealed findings from a study that took a closer look at evictions and mortgage foreclosures in Forsyth County. To no one’s surprise who is familiar with the area, the findings show that the communities east of Highway 52 are in dire need. The year-long study that was part of a national study conducted by New America and coordinated locally with WinstonSalem State and Wake Forest Universities, ranked the level of housing loss for 2,200 counties based on their combined eviction and foreclosure rates, and overall severity of housing loss. With a housing loss rate of 4%, twice the national average, Forsyth County ranked 89th worst in the country. Between 2014 and Photos by Tevin Stinson 2018, 12,276 households One of many abandoned houses in East Winston. The study conducted by New America takes a closer look at evictions and foreclosures in were evicted in Forsyth Forsyth County. County and 6,221 properties were foreclosed. Lawrence Joel Veter- ing loss rates six times the factors. He said rent costs also a 16,000-unit short- here in Forsyth County, have increased by more age of extremely-low the study also included a The numbers show 80% of ans Memorial Coliseum county average. than 5% while wages have income rental housing, list of recommendations, Robustelli, after speakand the fairgrounds), and all housing loss was due to decreased for 30% of resi- which is a striking figure, such as: expanding home ing with people in the Southeast Winston. When eviction. programs and projects funded by the ownership dents. community and looking discussing the findings, A closer look at the Low Income Tax Credit and affordable housing; “Rent costs have inat the numbers, said they Tim Robustelli, a policy data shows housing loss and other affordable hous- adopting forward-thinking is the highest in East Win- analyst, said the average discovered that the driv- creased in recent years ing programs cannot make development policies; and while wages for about a ers of displacement in housing loss rate for Forston, North/Northeast up that gap by any means.â€? creating “neighborhoods Winston, (specifically syth County was 2.6%, but the area is a combination third of county residents opportunity.â€? The Robustelli also of the communities near the some communities in East of low wages, lack of af- have actually decreased,â€? mentioned that Forsyth findings also recommend a Smith Reynolds Airport, and Northeast had hous- fordable housing and other Robustelli said. “There’s County has 1,524 heirs’ national push to strengthen rights and properties, the fifth tenants’ highest in the state. improve housing loss data Heirs’ properties refers and prevention of housing to a home or land that loss policy. While the study and passes from generation recommendations to generation without a the legal designated owner are a step in the right resulting in ownership direction, until we build being divided among all sustainable communities living descendants in a where citizens have the family. This unstable form opportunity to make a of home ownership limits livable wage, the housing a family’s ability to build crisis here in Forsyth generational wealth. It County will only continue is also one of the leading to get worse, especially in causes of land loss among the urban core. “Stable housing is only African Americans. “There are a number the base for a community; of issues around heirs’ to really thrive you need properties related to neighborhoods with good building generational schools, access to good wealth ‌ it also leads to jobs, access to healthy neglect when descendants grocery stores,â€? Robustelli of original owners move said. For more information, away and don’t care for the property,â€? Robustelli view the report at: https:// said. “It falls into disrepair, www.newamerica.org/ taxes aren’t paid and that future-property-rights/ sometimes can lead to reports/displaced-america/ tax foreclosures as well, housing-loss-in-forsythcertainly an avenue for county-north-carolina/. further research.â€? According to the study conducted by New America the communites east of Highway 52 are in dire need. To remedy the issues

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