Is Gentrification Color Blind in New Orleans

After purchasing a historic home in New Orleans, I have asked myself am I considered a gentrifier. Gentrication is defined by Merriam-webster as the "process of renewal and rebuilding accompanying the influence of middle class or affluent people into deteriorating areas that often displaces poorer residences. By no means am I rich and for those of you not familiar with New Orleans, there is not a middle class. People from New Orleans are either extremely rich or extremely poor for the most part. It is extremely difficult to buy a home in this city especially in a neighborhood that you feel comfortable and like to live because of the available ammendities.

As an aside, over 60% of the population rents in this city and a large portion of this includes highly elevated rental prices in Section 8 housing. Often, when you see the section 8 properties and their condition you feel bad as a hard working tax paying citizens especially because section 8 landlords receive a 25% markup on market values. However, this does make me want to get into property rentals so I can at least provide better housing situations especially if you are going to get a 25% markup. How can you change the mind state of a tenant when you have them living in less than desirable conditions in many cases.

Back to the main topic of gentrification because I am a young african american I may not be perceived as a gentrifier as quickly as a caucasian counterpart in New Orleans. Is this fair after reviewing the definition according to merriam-webster?