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.

Carrots, Sticks, and Economic Justice

Once upon a time, I saw the problem of providing responsible financial services as purely a policy problem. We...

Baltimore: What The NYT Didn’t See Fit to Print

Editor’s Note: The sixteenth and seventeenth paragraphs of this post have been revised to clarify the controversy over the two research studies mentioned. Johns Hopkins...

R Street Apartments: Transit-Oriented Affordable Housing Goes Green

Once marked by underinvestment and criminal activity, few neighborhoods in Washington, D.C. have undergone as significant a redevelopment over the last decade as the historic Logan Circle neighborhood.

Operation Neighborhood Recovery and the Future of Community Development

Urban Essex County, New Jersey, one of the hardest hit areas in the state by the ongoing foreclosure crisis, could be the laboratory for an ostensible reinvention of community development, as a local CDC there announced today the successful acquisition of 47 mortgages on troubled properties with an eye toward stabilizing neighborhoods in some of the oldest suburban communities in New Jersey.

Why Don’t We Build It Ourselves?

Humboldt Construction Company, a wholly owned subsidiary of the Chicago CDC Bickerdike Redevelopment Corporation, has been providing local employment and high-quality work for over...
A panoramic photograph of Austin, Texas.

More Bang for the Buck?

Austin, with prodding from advocates, pushes its economic development policy to go beyond big deal chasing.
A worker at Evergreen Cooperative Laundry, which recently secured new contracts for 3 million pounds of health care linens.

Green Jobs with Roots

For the founders of Cleveland's Evergreen Coops, putting a handful of people to work at minimum wage isn't worth it. They are aiming at nothing less than a ground-up economic transformation -- one owned by the very people it's intended to help.

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...

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...
Woman construction worker carrying wood

The Paradox of Prevailing Wage

The complicated relationship between the Davis-Bacon Act, Black construction workers, and Black-owned construction businesses in Boston.

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...

Is Your Town a Parasite?

What would you do if someone told you your town, the place you'd grown up in and where you had...

How Much Outside Help Do Worker Co-ops Need to Get to Scale?

Though they end up as owners and decision-makers, workers in low-income communities often don't start off doing all the work...
opportunity zones construction

Pushing Opportunity Zones to Fulfill Their Promise

Some guidelines to ensure that Opportunity Zones are transformational and not transactional.

What’s Next in Arts & Economic Development

There’s something you should know about me:  I’m a professional amateur.  For the past seven years I’ve been co-writing and...

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...
A woman holds a sign outside of the Oakland City Council chambers that reads "Democratic Workplaces equal Democratic Oakland!"

In the World of Community Wealth-Building, Ownership Has Its Privileges

What local government can do to support new, more inclusive economic models.

Say It Loud: Inequality is Bad for Everyone

    There is an invisible culprit in the great scandal of inequality in America: your Econ. 101 textbook. Go ahead, dig it out from that storage chest, and undoubtedly you’ll read that inequality, while we might not like it, is good for economic growth and progress. This idea has undergirded decades of policymaking, and […]
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.

New Jersey Divests from Payday Lending

Advocates in New Jersey mobilize to make a state pension fund put its money where its state regulations are.