Glossary

glossary

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section 106: Provision in National Historic Preservation Act that requires federal agencies to consider effects of proposed undertakings on properties listed or eligible for listing in the National Register of Historic Places. (preservationnation.org)
shared equity: An approach to homeownership that balances ongoing housing affordability and individual asset accumulation. Under a shared equity model, a public or philanthropic entity provides funding to help a family purchase a home. In return, the entity shares in any home price appreciation that occurs while the family lives there, allowing an initial investment in homeownership to help one generation of homeowners after another. (housingpolicy.org) See: Harold Washington Co-op
smart growth: Broadly speaking, smart growth refers to a set of development principles that link environmental, social, and economic objectives together to create vibrant, safe, and healthy places to live. Smart growth development generally seeks to take advantage of existing infrastructure to preserve farmland and open space; encourages multi-modal transportation options by concentrating development around public transit corridors; integrates housing and other land uses together; and provides a range of choices in the development of the built environment to promote affordability. (housingpolicy.org)
syndication: The process whereby a group of venture capitalists will each put in a portion of the amount of money needed to finance a small business.

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National Vacant Properties Campaign - Creating Opportunity From Abandonment.

glossary

Reclaiming Communities through Vacant Property Revitalization