Assumption 1: The residents are the people who ran down the neighborhood.
Assumption 2: Gentrification improves the neighborhood.
My previous comment addresses the first assumption. Feel free to disagree.
If a neighborhood is just real estate, assumption two is valid. If a neighborhood is a community of people, and gentrification moves a lot of the people, you have not improved the neighborhood, you displaced it.
Once we question these assumptions, perhaps we can address the root problems.