The Complex Future of One Homewood Street: Conservatorship Meets Land Bank Strategy

Amidst the decay of abandoned homes on Hamilton Avenue in Homewood, resident Amber Sloan recalls a vibrant community filled with interactions and block parties. Now, many houses lie in disrepair, their conditions an emblem of decline. Inspired by hope, Sloan looks to a new housing redevelopment initiative by Rising Tide Partners, aiming to rejuvenate roughly 100 units and revive community spirit. Acknowledging a turbulent three-year journey, Rising Tide purchased properties after the prior owner declared bankruptcy, necessitating a $1 million pre-development fund. Executive Director Kendall Pelling emphasized the importance of engaging the community throughout the process. Future phases will prioritize affordable housing, with initial renovations starting soon for several units. As revitalization progresses, local residents await renewed hope in their neighborhood's transformation.