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.

Tuscany, Barcelona, Croatia… the Rust Belt?

This weekend, the New York Times suggested Pittsburgh as a destination (for at least 36 hours) alongside these locales, and as of my writing...

Inclusive Growth, Identity, Poverty-Alleviation, and Freedom

I am writing from India, where last week a small but significant convening took place. Some 250 experts (business leaders, academics, and other thinkers)...

Crackdown Rocks Real-Estate Industry

The Federal Bureau of Investigation announced today that the Justice Department has indicted more than 400 defendants in 144 mortgage fraud cases. The indictments,...

Awarded for Smart Growth

It’s an old joke, but in the development sense, the term “smart growth” is an oxymoron in many cases. There’s a reason we celebrate...

Defining the Creative Economy People

I was pleased to hear at a recent planning workshop that the definition of the creative economy has been expanded. As popularized by Richard...

Do New Yorkers Need an Emerald City?

The Christian Science Monitor reported a few days ago on the Bloomberg administration’s plans to redevelop the Willets Point industrial area of Queens (just...

“Let’s Refuel America”

According to a report in The New York Times Monday, auto sales are down by more than a million compared to 2007’s 16.2 million...

Countrywide CEO’s Cyberblunder

We hear it a lot these days, the Dante Alighieri quote that declares that the hottest places in hell are reserved for those who...

Countrywide Is Not On Your Side

Angelo Mozilo, the Countrywide financial chairman who is arguably the poster child for the current subprime meltdown, just learned the difference between e-mail reply...

You’re Gonna Change the Economy? How, Exactly?

If people were surprised at how skeptical voters in the recent West Virginia Democratic primary were of Barack Obama’s casting himself as the candidate...

Take and Give

Turning eminent domain into a tool for creating vital communities hinges on crafting a delicate balance between all who stand to benefit -- or lose out -- from the transformation of a neighborhood.

Long Time Coming

After 40 years of abuse and neglect, will the residents of D.C.'s once-vibrant Shaw neighborhood succeed in redefining the value of people and place?

Crossing Muddy Waters

Rose Johnson stands nervously in a crowded room in Gulfport, Mississippi, surrounded by out-of-towners. With $1,000 in her pocket, she competes in the local...

Common Ground: Smart Growth and Affordable Housing

Smart growth and affordable housing advocates can work together.

Strengthening the CRA

In 1995, the last time federal banking agencies revised the rules of the Community Reinvestment Act (CRA), they promised to conduct a follow-up review...

CRA Survives Its Toughest Challenge

There is nothing more exhilarating than to be shot at without result. –Winston Churchill The Community Reinvestment Act (CRA) has survived the most serious attack in...

Creating an Economic Development Policy Infrastructure

The last dozen years have witnessed the emergence of Community Development Corporations (CDCs) as leading developers of affordable housing in severely distressed urban and...

Expanding the Scope of Community Development

More than four decades of suburban growth have moved demographic, political, and economic power from central cities toward their suburban counties. The change can...

Community Baking at the Greyston Foundation

The Greyston Foundation blends personal transformation, entrepreneurship, and Zen Buddhist philosophy. They use a bakery to provide jobs to the homeless.

A National Commitment To Community Development

Last January, The New York Times Magazine published "The Myth of Community Development," by Nicholas Lemann. The article painted a gloomy picture of urban...