Community development financial institutions lend to micro- and small-business owners, but the jobs those businesses create are often minimum wage, part time, or otherwise low quality. What makes a job a good job, and what are CDFIs doing to help small-business borrowers create good jobs?
A review of the 2020 documentary, The Place That Makes Us, directed by Karla Murthy. 70 minutes.
Even during tough times, the Evergreen Cooperative Initiative has added new co-ops, new workers, and new strategies.
The financial industry has been one of the main perpetrators of racial discrimination. It should be obligated to serve all communities, particularly communities of color.
There’s more than one way to be excluded from your community.
“Drop dead” wasn’t an acceptable answer to urban decay in the 1970s. And it isn’t the right answer for struggling rural areas today.
some communities in the United States seem much better than others at attracting grants and financing for community development—even after adjusting for their relative needs. Here are some of the surprising trends:
The European Union’s rules on subsidies limit bidding wars, and make the level of incentives we have seen for Amazon, Foxconn, and other companies completely impossible.
Restoring a community's culturally significant site in Albuquerque to be a true economic resource as well as a source of healing.
Some guidelines to ensure that Opportunity Zones are transformational and not transactional.
The Consumer Financial Protection Bureau's reassurances on continued public access to Home Mortgage Disclosure Act data are not very reassuring.
Because recent advocacy has succeeded in achieving a change in government accounting standards that led many cities and states to disclose the total costs of the tax abatements they provided last year for the very first time, we now are gaining a better sense of just how much these abatements take away from education and other public services.
This book is a major contribution to increasing knowledge and awareness of how far the community development finance movement has come in 30 years.
Who will benefit most from these investments remains the biggest question.