Community Planning 1 Key Terms: Define each term in 2 or 3 words. (Then provide an example of how the term is relevant today.)
1. Economic Development: Bringing systems to an area to improve economic conditions. (ED is
relevant today because most communities lack understanding of how to properly interface with society.) 2. Gentrification: the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents. (Relevant today because all over America certain areas are being targeted by investors who only see a for the most part is profit.) 3. Displacement: the moving of something from its place or position. (Currently people are being displaced because of gentrification.) 4. Speculation: the forming of a theory or conjecture without firm evidence. (Very relevant. Many protestors do not know that they have remedy but need the proper techniques to implement them.) 5. Real Estate: property consisting of land or buildings. (Most people who are displaced lack knowledge in R.E.) 6. City Subsidized Development Project: Funding for City Development. 7. Small Business (Mom and Pop): A business that has the potential of being a big business but stays local with many interstate transactions. (Small business in the community is very necessary for it to feel like a real community) 8. Big Box Retail Businesses: Corporations from other states set up in communities primarily for profit. (Big business aid to gentrification.) 9. Business Corridors: 10. Retails vs. Wholesale: Wholesale means "selling in large quantities" while retail means "selling in small quantities. 11. Redevelopment Projects: any new construction on a site that has pre-existing uses. (Needed today) 12. Community Benefit Agreements: in the United States is a contract signed by community groups and a real estate developer that requires the developer to provide specific amenities and/or mitigations to the local community or neighborhood. 13. CEQA California Environmental Quality Act: a statute that requires state and local agencies to identify the significant environmental impacts of their actions and to avoid or mitigate those impacts, if feasible. 14. Zoning and Zoning Changes: it permits the owner to use the land in a manner not otherwise permitted by the zoning ordinance. (Most places that are being gentrified are zoned for lots of liquor stores and churches. 15. Community Plans: consists of a public participatory and usually interactive form of town or neighborhood planning and design in which diverse community members (often termed stakeholders) contribute toward formulation of the goals, objectives, planning, fund/resource identification and direction. (Very relevant. Self explanatory) 16. CRA Community Redevelopment Agency: an economic development strategy which many local governments are currently using successfully to eliminate and prevent conditions of blight in their communities. 17. CRA Banks, Community Reinvestment Act: enacted by Congress in 1977 (12 U.S.C. 2901) and implemented by Regulations 12 CFR parts 25, 228, 345, and 195, is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate. 18. Community Engagement: process by which community benefit organizations and individuals build ongoing, permanent relationships for the purpose of applying a collective vision for the benefit of a community. 19. Community Organizing: the coordination of cooperative efforts and campaigning carried out by local residents to promote the interests of their community. 20. Community Wealth Building: 21. Real Time/Contextual Situations: 22. Concept of Supply and Demand: Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer. 23. Demographic Data: statistical data about the characteristics of a population, such as the age, gender and income of the people within the population. When the census assembles data about people's ages and genders, this is an example of assembling information about demographics. 24. Qualitative Research: primarily exploratory research. It is used to gain an understanding of underlying reasons, opinions, and motivations. It provides insights into the problem or helps to develop ideas or hypotheses for potential quantitative research. 25. Quantitative Research: Quantitative methods emphasize objective measurements and the statistical, mathematical, or numerical analysis of data collected through polls, questionnaires, and surveys, or by manipulating pre-existing statistical data using computational techniques