Latest in a series of posts about Lehigh University and the Southside
I would raise a cautionary flag on Lehigh’s “three place-based strategies” where it calls for “area improvement through acquisition or rehabilitation.”
Each time any non-profit acquires real estate it removes that property from the tax rolls.
Then other property owners, including home owners, have to suck up and fill that real estate tax paying void that is created.
That is problematic for residents, many of whom live on fixed incomes or are lower income, and for whom maintaining their home ownership is already a difficult situation.