We got our home renovated by the Penn Plan.
it was a great help. It has improved my block of 49th
and Locost. We are rich either. I think the plan is
good for all folks of W. Philly. Less affluenent folks like
nice neighborhoods too!!
Thanks
Markl
-----Original Message-----
From: Kyle Cassidy <[EMAIL PROTECTED]>
Sent: Jan 21, 2004 12:23 PM
To: "'S. Sharrieff Ali'" <[EMAIL PROTECTED]>,
"'[EMAIL PROTECTED]'" <[EMAIL PROTECTED]>
Subject: [UC] RE: penntrification vs. gentrification
S. brings up an interesting point. While I bought my house on the Penn plan,
I'm definitely not affluent and couldn't have afforded to buy a house
otherwise.
>GENTRIFICATION
>
>The restoration and upgrading of deteriorated urban property by
>middle-class or affluent people, often resulting in displacement of
>lower-income people.
>
>Additional Response:
>
>There is a more interesting story about "Penn-trification" ,which
>through the Penn mortgage program has turned U-City into a "Penn Ghetto".
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