A Tale of Two Neighborhoods Eight Miles Apart
Washington, D.C. is a highly segregated city and Systima’s investment in Livingston Place should help spur further economic development in the Washington Highlands neighborhood, one of the poorest areas of the city with a 98% black population. To highlight this need, Washington Highlands is contrasted against a neighborhood only 8 miles away, Cleveland Park. These two communities have significantly disparate quality of life, income and racial attributes. In the following section, we will take a deeper dive into these differences.
132,347
171,565
210,783
14,692
53,910
93,128
250,001
Median Income
Livingston Place is located in a concentrated area of poverty with a median income that is 14% of Cleveland Park. The development of high-quality housing should contribute to new businesses, services, and other investments in this neighborhood.
Using Data to Visualize Income Inequality
Source: ACS 2015-2019
Using Data to Visualize Quality of Life Attributes
The Urban Institute, an economic and social policy think tank, developed the Emergency Rental Assistance Priority Index to estimate census tracts that face greater risks of housing instability. The map on the right illustrates the sharp divide within Washington, D.C. with dark green areas indicating a risk of housing instability. Livingston Place scores .93 out of 1.0, indicating a high risk of housing instability and homelessness. A focus of Systima’s investment activities is in these disadvantaged and high need communities.
For more info about the Rental Assistance Index, check out the dedicated page on the Urban Institute’s webpage here: https://www.urban.org/features/where-prioritize-emergency-rental-assistance-keep-renters-their-homes
0.0
0.2
0.4
0.6
0.8
1.0
Affordable Housing Need Index
Source: ACS 2015-2019
Using Data to Visualize Diversity
Inclusive economic growth means prioritizing investments in underserved communities that will address and remedy systemic racial inequities. Livingston Place is located in a primarily Black community and will provide high quality housing to this neighborhood.
Share Black
0.0
0.2
0.4
0.6
0.8
1.0
Source: ACS 2015-2019, 2010 U.S. Census
ESG Report – UN Social Development Goal Alignment
Livingston Place's social and environment impacts can be mapped to several UN social Development goals. Outlined in 2015, these 17 goals attempt to define directions that private companies can take to reduce poverty and increase global welfare. Increasingly, investment firms are using these goals as guideposts to direct and monitor impact investments. Below are three of the goals that Livingston Place specifically addresses.
