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What Anchor Institutions Can Do by Working Together

OWN Rochester leverages the community’s resources—the collective purchasing power of anchor institutions, the intellectual and human capacity of residents, and the financial resources of philanthropy—to aggregate institutional demand and provide...

Assessing Impact at Anchor Institutions

...conditions in surrounding communities. Titled The Anchor Dashboard: Aligning Institutional Practice to Meet Low-Income Community Needs, the paper is supported by a companion research report “Achieving the Anchor Promise: Improving...

Will Our Universities Rekindle Their Public Purpose?

...increases. 'Anchor Institution Mission' In our research, we have defined this emerging approach as pursuing an “anchor institution mission.” An institution that pursues an anchor mission, we contend, aims to...

Unlocking Community Development: The Anchor Key

Anchor institutions—a term used to describe public and nonprofit hospitals and universities—are today widely recognized for their role in community economic development. But they have the potential to do a...

Universities Step Up and Commit to Challenging Inequality

...actor in this environment is the Anchor Institution Task Force. Founded in 2009, the Task Force now has 600 members from universities, hospitals, community foundations, libraries, arts institutions, and others...

Put Your Spending Where Your Goals Are

...demand for their goods and services. Many anchor institutions, such as universities, and governments are already spending billions of dollars a year on goods and services. By redirecting some of...

Remember Slavic Village? It’s Back

...of anchor institutions. The Third Federal Savings and Loan Institution, founded during the Great Depression, is an important lender, and its foundation provides support for housing and education programs. It...

Interview with George McCarthy, President of the Lincoln Institute of Land...

...institutions—gigantic holes that need institutions to fill them. It’s not obvious how to create the institutions to fill those vacuums, and one of the things I kept trying to do...

Students Push Universities to Invest Locally

In response to my earlier post about anchor institutions and community development, Andrew Frishkoff, executive director of LISC Philadelphia, commented “Too often we have seen beneficent anchor institutions acting paternalistically...

In Baltimore, Johns Hopkins Seeks to Be a Good Neighbor

...2014 Baltimore Business Journal article. In June of that year, Hopkins was one of eight institutions to sign a pledge with then-mayor Stephanie Rawlings-Blake, joining an anchor institution partnership to...

Challenges of Space and Place in Creative Placemaking

...tool that would revitalize the Valley through artist housing development, an anchor institution strategy, and outreach within and beyond the geographic map of the neighborhood to build partnerships and expand...

Asset-Building Comes of Age

...Pacific Community Ventures, which in turn make venture-capital investments in local businesses deemed likely to generate high-wage jobs. Anchor institutions such as churches, universities, museums, community foundations and nonprofit hospitals...

Done Right, Eliminating Food Deserts Result in Community Oases

...pooled resources from a variety of stakeholders including important hospital and foundation anchor institutions (California Endowment, Kaiser Permanente, and Dignity Health), provided the initial capital to support the development of...

Organizing for Hospital Community Benefits

...“anchor institution.” The idea is that given the size and stability of these institutions, they have a responsibility to move beyond their four walls to address the underlying social determinants...

Getting Health on Board

...hope to revitalize that degree of dilapidation comes when strong anchor institutions like Christian Hospital focus on common goals with housing agencies like hers, Pinex said. Integrating Health Five years...

Will Columbia Take Manhattanville?

...businesses is no easy task, not to mention balancing a neighborhood’s needs with those of anchor institutions and cities and regions at large. There will likely always be disputes, but...

Can We Build a Movement for Structural Economic Change? We Must

...provide healthy food options for low-income residents. The growing number of cities that support worker co-op development, both in immigrant communities and through anchor institution-linked strategies, as in Rochester, New...

Health and Community Development Editorial Advisory Board

...Alliance of Community Economic Development Associations Robert Zdenek National Community Reinvestment Coalition David Zuckerman The Democracy Collaborative, Anchor Institution Initiative *Affiliations are for identification purposes only. Our Funders We also...

6 Things the Arts Can Do for Housing

...Emancipation Economic Development Council. The council is pursuing several strategies, including land trusts, anchor institution development strategy, and others to address community stabilization and wealth creation comprehensively and in ways...

Making a Pipeline for Vacant Building Rehab

...start there,” Reiner says. Vacants to Value looked for neighborhoods where there was already a foundation that could inspire development, such as an anchor institution or previous capital investment. Organizations...

Why CDFIs Should Go To College

...black colleges and universities, or HBCUs, to find our customers. Partnering with HBCUs is a sound strategy because they are: ● anchor institutions in the communities that we serve; ●...

Not Just Any Job

...shut-ins and was just recently turned down for a loan by a community development financial institution (CDFI). That institution’s lending standards, while more relaxed than the Chase branch down at...

Health Care Confronts Challenge to Shift from “Volume to Value”

...this work to the adoption of an overall anchor mission that seeks to “consciously apply the long-term, place-based economic power of the institution, in combination with its human and intellectual...

When Your Bank Leaves Town

...addition to providing credit products and services, bank branches often act as anchor businesses in commercial and downtown areas. When a branch closes, it often leaves behind a vacant building...

Community Building Despite Trauma

...programs, and services that avoid re-traumatizing individuals and the community. Acknowledge that traumatized communities face ongoing insecurities around the sustainability of programs, services, and institutional relationships, so only engage in...

Advocacy Proposal or Call to Do Nothing Some More?

...of action — that FHFA set up a limited pilot program to test the idea — throws an anchor instead of a life raft to the hundreds of thousands of...

Trends for Funding CDC Commercial Projects

...Department’s community development financial institution (CDFI) fund. (See Shelterforce #110.) In several states, CDC associations such as the Housing and Community Development Network of New Jersey have also worked to...

The Cavalry Is Us: Civil Rights and Cooperative Action

...lessons and lived realities of Mississippi’s civil rights history anchor HOPE’s work, and guide us as we work to create opportunity ladders across the Deep South. Likewise, the cooperative enterprises...

Salvaging Success from Failure

...entrepreneur flourishes there. Also, fresh products appealing to the area’s ethnic groups are readily available; and financial gains are shared by the community institution — Bickerdike — through rent of...

Divide and Conquer

...destruction of gardens and the institution of a community land trust to preserve gardens, garden advocates need to defuse the gardens vs. affordable housing argument once and for all. Through...

Approaching Partnerships Between Health Care Institutions and Community Development Organizations

...groups—often tend to be frequent hospital users. The result has been a wide range of collaborations between community development groups and health care institutions that have sprung up around the...

Nicolas P. Retsinas

...be an anchor. They’ll drag us, they’ll drag the economy and the market going forward. The Joint Center for Housing Studies at Harvard University is one of the most important...