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.

person holding Amazon delivery box

Lessons for the U.S.: How the EU Controls Bidding Wars for Jobs and Investment

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.

Doing Well by Doing Good

With a little knowledge and effort, investors of many kinds can work with financial advisers to learn how to match their investments with their values and build a meaningful portfolio with solid returns.

Extending a Bank Branch to the Community

The systemic closing of bank branches in low- and moderate-income neighborhoods is followed by payday lenders, pawnshops, and check cashing services stepping in to fill the void.

Let’s Take Advantage of The Bad Times

With city budgets shrinking rapidly, municipal governments are desperate to collect property tax revenue wherever they can find it. So they are moving to...

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...

Q: Do economic development incentives support small businesses?

A. Not very much. Despite the claims of many states, when you look at the numbers, the vast majority of taxpayer dollars directed to economic development go to big corporations.
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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.

Don’t Go Back to Old Economic Development Ways

Cities have led the way in enacting equity-focused pandemic policies. It’s time to build on that momentum, starting with neighborhoods.

Planning on Shrinking

It’s time to understand that shrinkage is no longer somebody else’s problem.

Keeping the Jobs in House

Humboldt Construction Company, a subsidiary of a Chicago CDC, has been providing local employment for over 30 years. But it hasn't been easy.

CDCs Step In Where Banks Fear to Tread

Early in 2010, the Congressional Oversight Panel for the Troubled Asset Relief Program released a report indicating that half of the $1.4 trillion in...

NSP2 Announcement Coming Soon

HUD Secretary Shaun Donovan is expected to announce the NSP2 grantees, benefitting from nearly $2 billion of neighborhood stabilization program funds made available in...

Maybe Money Really Can Grow On Trees

Guess what? The local food movement is actually good for your local economy! At least that seems to be...

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...

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...
mallach book cover

Can Cities Fix Their Polarization Problem? A Review of The Divided City

How different would cities look and how different would people’s lives be if those with the power to set policy and invest resources prioritized the most vulnerable residents and the neighborhoods they live in?

Reconnecting Jobs and Housing

National community development leaders discuss making the case for housing in a "jobs above all else" political environment.

Manufactured Locally

While there is much debate about the state of large-scale domestic manufacturing, a few places are quietly supporting local manufacturing for items that have been made overseas for some time, from jewelry to jeans.

With Rising Property Taxes, Should Non-Profits Now Pay Their “Fair Share”?

It’s tight here in New Jersey. And it’s because it’s crowded. With 8.7 million people, we are 11th in the country in population, but...

The Slow Building Movement

Standing at the northern gateway of Milwaukee’s Fifth Ward and the confluence of the Menomonee and Milwaukee Rivers is...