anti-displacement initiatives

Anti-displacement initiatives are policies and programs designed to help residents stay in their neighborhoods as areas undergo development or economic change. These efforts aim to prevent long-term residents from being pushed out due to rising costs, such as higher rents or property values. They can include rent stabilization, affordable housing development, property tax relief, and community engagement to ensure residents have a say. The goal is to promote stability, preserve community character, and ensure that existing residents benefit from neighborhood improvements without being forced to leave.