disinvestment continued at a rapid clip as downtown banks redlined West Town for much of the mid-20th century. Wicker Park was also promoted by the city's urban renewal plans, as a good "suburb within the city" because of its easy access to downtown, via Milwaukee and the elevated train (via Damen and Division stations). Chicago and Wicker Park reached a nadir in the 1970s, a decade when the city overall lost 11% of its population. During the 1970s, hundreds of cases of insurance-motivated arson were reported in Wicker Park, near St. Elizabeth Hospital. Many small factories near the area (many in woodworking) also closed or moved away. Efforts by community development groups like Northwest Community Organization (NCO) to stabilize the community through new affordable-housing construction in the 1980s coincided with the arrival of artists attracted by the neighborhood's easy access to the Loop, cheap loft space in the abandoned factories, and distinctly urban feel. In 1989, the "Around the Coyote" festival was launched to help the hundreds of working artists and micro-galleries in the neighborhood to gain a level of local and international prominence. This 501(c)3 non-profit was established with the mission to "bring to the art community a professional organization that will help artists network and exhibit their art." For decades, the festival centered on the Flatiron Arts Building and was typically held during the month of October, Chicago's Artist Month. "Around the Coyote" revised its preferred locations for the annual festival, which in 2008 was held coincidentally with Looptopia in May in Chicago's Loop. Today, the neighborhood is best known for its numerous commercial and entertainment establishments and being a convenient place to live for downtown workers due to its proximity to public transportation and the Loop. Gentrification has made the area much more attractive to college-educated white-collar workers, although it faced considerable resistance from the working-class Puerto Rican community it displaced. Crime has drastically decreased and many new homes have been built as well as older homes being restored. The area has become a desirable neighborhood and this has led to increased business activity, with many new bars, restaurants, and stores opening to serve individuals. The neighborhood is known for hosting local art stores and independent businesses. Property values have gone up, increasing the wealth of property owners and making the neighborhood attractive to real estate investors. The borders of the neighborhood are generally accepted to be