Since the 2006 launch of Neighborhood Housing Service's (NHS) Historic Chicago Greystone Initiative, more than 200 Greystone owners have received aid in buying, rehabbing, and hanging onto their homes. The program targets worse-for-wear Greystones in maligned neighborhoods. The most interesting piece of the program's engine is its interest in rebranding stigmatized neighborhoods as prideful places. K-Town was the test case, for which NHS helped land a spot on the National Register. Market values haven't risen just yet, but community organization, pride, and defense of physical stock has taken hold in a big way. NHS is looking to replicate these results elsewhere. [WBEZ, photo: Google Maps via WBEZ]
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