Law Commons^™

Mitigating The Effects Of Private Revitalization On Housing For The Poor, James Goeffrey Durham, Dean E. Sheldon Iii

School of Law Faculty Publications

This article addresses how to identify the benefits and costs of revitalization. It further discusses how to allocate the costs efficiently so that revitalizers will internalize expenses, thus enabling them to make efficient decisions about undertaking projects. Efficiency may not be society's ultimate goal, but efficiency in urban revitalization would promote society's goal to treat its members equitably."

This article first examines the costs and benefits of revitalization and outlines who bears the costs and who gains the benefits. This article then offers specific proposals for forcing revitalizers to internalize their costs. These proposals provide some definite conclusions about how …