By Bill Motmans and Tamika L’Ecluse
June 10, 2020
Sacramento News and Review
“…city leaders have proposed federal stimulus funds for economic development projects, including UC Davis’s Aggie Square (a major real estate development aimed at attracting biotech companies), and bolstering the local tourism industry. Neither of these proposed investments will address the immediate and enormous suffering of families, the elderly and children living in neighborhoods such as Fruitridge, Del Paso, North Sacramento, Oak Park and Meadowview. Quite the opposite, investment in Aggie Square commercial projects without a community benefits agreement that includes a large prior investment in new affordable housing and existing neighborhood businesses, will, over time, increase demand for existing housing and commercial space and further destabilize and displace residents and small businesses.
A new coalition of several organizations working in vulnerable neighborhoods, called Sacramento Investment Without Displacement, was created to ensure that public financial investment builds up Sacramento neighborhoods, rather than destabilize them. Our coalition calls on local elected officials to fulfill their commitments to voters. No more broken promises. Now more than ever, with COVID-19 disproportionately hurting communities of color and disadvantaged neighborhoods, public investment must directly and immediately provide relief to our city’s most vulnerable residents.”
Click here to learn more about the work being done by Sacramento Investment Without Displacement, of which ECOS is a part.
Photo by Retha Ferguson from Pexels