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.

cleveland streetscape

Remember Slavic Village? It’s Back

A Cleveland neighborhood made famous as an epicenter of the foreclosure crisis works its way back to stability. Here’s how.
person holding Amazon delivery box

The Amazon Opportunity to Revitalize Urban Communities

It's not too late for cities competing to be the next home to Amazon to raise the issue of employer-assisted workforce housing.
The spires and statue atop an old bank building.

CRA “Reform” Under Trump Threatens Communities of Color and the 99 Percent

Banks enjoy consumer and taxpayer-funded privileges, such as deposit insurance, and not too long ago, subsidized trillion-dollar bailouts. It’s not too much to insist that they invest a fair share of those dollars back into all of our communities.
dilapidated Detroit building 2009

The Important Deadline Coming Up for All Governors

States have a deadline to submit their Opportunity Zones nominations. What factors will be weighed in the decision process, and what will federal designation mean to distressed neighborhoods?
store closing

The Displacement Crisis of Immigrant-Owned Small Businesses

Growth of new business is a sign of a robust economy, but New York City’s true success hinges on ensuring that all residents have access to opportunity and community resources.
Row of trailer homes with mountains in the background.

Duty to Serve: A Boon for Shared Equity Homeownership

Shared equity homeownership programs just had a big win.
3 women posed at the sides of a sign.

Nun Funds: The Original Impact Investors

Rising out of a practice of shareholder activism that began in the 1970s, Women Religious made the leap from monitoring their investments on Wall Street to becoming pioneers in investing directly in the communities and social justice causes for which they cared.
A yellow house on a corner.

The Power of Proximity: Making the Case for Living Where You Work

Twenty years later, it’s hard to overstate how wise I think that group of board members was in imposing its residency requirement on me. While initially skeptical, over the years I’ve learned some powerful lessons about the benefits of proximity.
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.
The spires and statue atop an old bank building.

Would Trump’s CRA Reform Really “Do No Harm?”

NCRC examined every single Community Reinvestment Act evaluation for mid-size banks conducted during 2016.
people gathered under and around an information tent

Persistently Poor Regions Would Welcome a Little Gentrification

It is often said that you get what you pay for. Clearly, too little is being paid to create positive change in America’s most vulnerable places.

In Detroit, the Fight for Community Benefits Begins Anew

For equitable development activists, Detroit’s Community Benefits Ordinance may seem like major progress. And it is—just not how they may imagine it to be.
Black-and-white photo of DACA information table.

Defending DACA Is a Moral and Economic Imperative

President Donald Trump has decided to end the Obama-era program that grants work permits to undocumented immigrants. Over the course of its five-year history,...
Yellow sign reading 'Aloha.'

Reflecting and Planning Using a Community Wealth Building Lens

Over an organization’s 25 years in existence, how do staff and volunteers measure impact and build off of lessons learned to guide their next steps forward?

More Than Marching: Creating Good Jobs That Protect Our Water And Air

Trump and his cronies are backtracking on ensuring a clean energy economy that provides green jobs to make our communities sustainable.

The Hidden Threat of Tax Cuts to Equitable Economic Development

Although the Trump administration’s recent budget proposal offers only a look at expenses, with no numbers on revenue, it won’t be long before massive...

Where Do We Go From Here? Toward a New Freedom Budget

If, as Dr. Martin Luther King Jr. said, a “budget is a moral document,” then this budget is a reflection of the moralities of the boardroom, the eviction notice, the emergency ward, and the pink slip.

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...

Worker Co-ops: Hope in the Desert

“Political democracy requires economic democracy.” I spent Election Day in—of all places—Las Vegas, Nevada....

CDFIs “Rethink” Systems, But (Hopefully) Not Identity

We are definitely in some danger of losing a connection to the animating social movements that gave rise to the industry.