06-25-2018, 10:58 AM
A good nearby example is Regent Park in Toronto. In the 50s and 60s, the entire district was built as low-income, government-owned housing; this concentration of low income had the now-well-known effects of high crime and poor living standards. Over the past decade or so all the old buildings have been demolished and a new neighbourhood is replacing it; this is a mix of subsidized and rental units, built by a group of developers. It's working out far better, so far.