Economic Development

Economic activity is a crucial part of a healthy community, whether it’s access to quality jobs for residents, business support, or a functioning, diverse range of retail options.

“Women- and Minority-Owned Businesses” Is a Meaningless Category

How many times have you seen the phrase “women- and minority-owned businesses” or seen an organization list a single...
aerial view of construction worker sawing board

How Successful is Your County in Accessing Community Development Funding?

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:

Hey Supposed Economic Recovery, You Missed a Spot

The economic recovery is not reaching all people in all places. I suppose this should be obvious. But as a...

Time to Bet on Prize-Linked Savings

During 15 years of working within a community development corporation to create and support socially and economically resilient communities, one of my perpetual frustrations...
rural cooperative

We Need a Rural New Deal

COVID-19 is a combined health and economic crisis poised to further devastate rural communities already suffering severe economic stress. Already, rural health care systems...

Cape Cod’s Fish Pier Is Tourist Bait

Last year I wrote on Rooflines about a personal connection I had to the time when Cape Cod, that...

FHLBanks’ Affordable Housing Progam Can Be a Model for Economic Development Funding

Carol Wayman, federal policy director of the Corporation for Enterprise Development argues in the latest issue of Shelterforce that while community economic developers understand...

CRA Modernization:  A Critical Moment for Underserved Neighborhoods

The Community Reinvestment Act and the Consumer Financial Protection Agency Act hold great promise for the creation of a more financially inclusive nation, but both depend on critical "moments in time" in Congress that will determine whether they become good laws or are weakened beyond recognition

Is 2012 the Year of the Business Co-op?

Last October in New York City, United Nations Secretary General Ban Ki Moon officially designated 2012 as the “International Year...

Hubs Help Move the Local Food Movement to the Next Level

It’s not unusual to read a press release from a governor’s or mayor’s office celebrating a deal to bring a new company to a neighborhood or city. Typically we’d be talking about a new manufacturing or tech firm, and the press release would speak glowingly of the prospects for economic development. Which makes a bit […]
An OWN Rochester team member works on an and LED lighting installation.

What Anchor Institutions Can Do by Working Together

Anchor institutions are beginning to realize that they face similar challenges and, by joining forces, can accomplish goals that once seemed out of reach.
Women looking at museum exhibit

The Cavalry Is Us: Civil Rights and Cooperative Action

In our nation’s most vulnerable places, every vulnerable person and those more fortunate who care about their well being, are best served when we come together to help ourselves.

Alcohol: Scourge of the Neighborhood or Revitalization Tool?

Community developers have had, and perhaps still have, a mixed relationship with businesses that serve alcohol.On the one hand,...

Can We Bend the Sharing Economy Toward Equity?

For all of its promises to increase prosperity and sustainability, the so-called “sharing economy” has a serious dark side.

Tax Credits Play A Critical Role in Economic Development

In his recent speech to Congress, President Trump included this pledge: “Every American child should be able to grow up in a safe community...

Response to Darren Walker’s New Gospel of Wealth

Ford Foundation President Darren Walker recently circulated a thought-provoking piece declaring the foundation’s commitment to tackling the worldwide problem of inequality. In the piece, Walker...
A rendering of what Port Covington would look like once the decades-long project is completed.

Who Will Benefit from Port Covington?

Advocates, city leaders, and Under Armour's real estate arm negotiate a $660 million tax deal and a vision for economic development in Baltimore.

How Much Money Is Your City or State Losing to “Economic Development?”

Have you ever wondered how much money your city or state is actually losing when it gives a 20-year tax break to a developer in exchange for a handful of jobs? You might soon be able to find out. As Shawn Escoffery of the Surdna Foundation and Greg LeRoy of Good Jobs First explain in […]