Systemic vacancy is the community experience of widespread property vacancy caused by the combined actions of people, policies, and practices.
Every person deserves to live in a community where property vacancy, abandonment, and deterioration do not exist. However, across America – from large cities to small towns – widespread property vacancy diminishes the value of nearby properties, poses health risks to residents, and damages the fiscal stability of local governments.
Systemic vacancy, meaning property vacancy that is so widespread that it changes the character of a neighborhood, is a symptom of other deeper issues such as concentrated poverty, economic decline, and market failure, which are often rooted in historically inequitable local, state, and federal policies. Communities experiencing these conditions often become stuck in a negative cycle where vacant, abandoned, or deteriorated properties intensify poor living conditions impacting the economy, community, housing stock, and individuals which in turn fuels neighborhood challenges and increases levels of vacancy and abandonment.
Systemic Vacancy Resources
According to the US Census there are over 16M vacant housing units in the United States
November 18, 2021 - Cornerstone Webinar
Creative Placemaking: New Tools for Empowering Community-Led Revitalization | Learn More >
September 7 - 9, 2022 - Chicago, Illinois
Reclaiming Vacant Properties Conference | Learn More >