I live near Camp St. and like the neighborhood as well and I have also been pissed off over the years by the attitude that it's a "ghetto" to be avoided at all costs. On the other hand, it was because of that attitude, I am sure, that my wife and I were able to afford our house, which is a half block away from Camp St., although the northern end of it where it becomes more middle-class with single-family homes.
One thing that amazes me as a longtime Providence person is how integrated Camp Street and blocks to the west of it have gotten. Back in the 70s, you would pretty much only see people who were African-American. Incredibly segregated, influence of housing discrimination, red-lining, etc. Now you see a mix of African-Americans, whites, Latinos, as well as a mix of incomes.
Despite the good, the neighborhood could use more retail. The fact that most of the storefronts are occupied by a police substation and social service agencies/non-profits shows the challenges the neighorhood faces.
There is also a wave of violence between the East Side and the South Side gangs that has left several young people dead from drive-by shootings. No one even knows what started this pointless feud. On the bright side, the Providence Police are on top of it with their Gang Unit and neighborhood policing and that might help to stop it.
People are often surprised to find poverty on the East Side. But the East Side isn't monolithic. It's a bunch of different neighborhoods. Fox Point is also traditionally a working class area with pockets of poverty (Ives Street). The East Side isn't Greenwich, CT. It's more like a mini Manhattan with neighborhoods running from the Upper East Side to Harlem and the Lower East Side.