Adriana Abizadeh is the executive director of the Kensington Corridor Trust (KCT) in Philadelphia. You might wonder what that is and why it exists. Kensington was once known as the Workshop of the World with booming manufacturing and a well-employed neighborhood. Then, Kensington Avenue was a bustling local business corridor. Now there is a lack of economic investment and everything that comes with it.  58% of Kensington residents live below the federal poverty line and the average household annual income is just over $20,000. Formed in 2020, the trust is tasked with reclaiming control of the corridor. They do this through the purchase of property which is placed in trust and governed by the neighborhood. Neighborhood trusts are fairly new but if Adriana has her way, they will become mainstream.  Listen in to learn more! If you'd like to join me in my quest to rethink real estate, there are two simple things you can do. Share this podcast and go to RethinkRealEstateForGood.co where you can subscribe to be the first to hear about my podcasts, blog posts and other goodies.

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