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Reinforce Neighborhoods with the Highest Values and Concentration of Home-Ownership

3
 What is an Initiative?

 

An Initiative is a coordinated effort designed to achieve a Goal. Initiatives contain Actions that, when executed together, will help the City achieve one or more of its Goals.

Goals related to this Initiative

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The Laying the Foundations for Strong Neighborhoods report identified 19 sub-neighborhoods in Trenton as "strong" and "moderately strong", most of which constitute the outer edges of the city and border its neighboring municipalities. Generally, these areas have the highest property values and highest concentration of home-ownership in Trenton.
The goal in these areas is to enhance and maintain the neighborhood and to promote growth in the housing market. To do so, the City must be able to respond rapidly to situations that pose a threat to neighborhood stability and work to make incremental improvements that will drive increased property values.
These neighborhoods are the ones where market-based solutions are most likely to succeed. As such, the initiative that are likely to be both efficient and effective are the ones that provide support to existing homeowners by increasing homebuyer activity, preserve historic assets, and marketing the strengths of the neighborhood to prospective residents. Since market values are relatively high in these areas and property values can support the cost of improvements, they are also the places where code enforcement and tax abatements are likely to have a major impact.  

Actions that support this Initiative

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Vision & Guiding Principles

Read more about the community-driven vision for Trenton and find out how this was translated into actionable goals, initiatives, and actions.

http://trenton250.org/vision-guiding-principles
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