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Asset-Building Comes of Age
From IDAs to comprehensive community wealth building, the number of strategies to increase personal and collective assets is growing.
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From IDAs to comprehensive community wealth building, the number of strategies to increase personal and collective assets is growing.
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Even large health systems willing to finance housing can’t solve housing affordability by themselves; it will take policy change. Taking the plunge to lobbying for that change is still a big step, but when they do they get attention.
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The current HopkinsLocal effort, a three-year program launched in September 2015, is also clearly a response to the death of Freddie Gray and the events that followed.
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Some of us, myself included, are susceptible to the inaccurate thinking that when the arts are involved, the complications that can arise with traditional community building are lessened.
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Could rural hospitals build on existing social services work by investing their assets to advance their communities’ health? Examples from Kansas, Vermont, Wisconsin, and Virginia show some possibilities.
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Even during tough times, the Evergreen Cooperative Initiative has added new co-ops, new workers, and new strategies.
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While eliminating food deserts often involves resources from outside of the community, a neighborhood must maintain control of its assets and identity.
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Seventy-one percent of jobs that pay $40,000 and above require a four-year degree, says Maurice Jones. That requirement is “having a huge, huge adverse impact on Black talent earning their way into the middle class.”
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Two large community development intermediaries have announced major racial equity initiatives that emphasize how affordable housing gets built—and who builds it.
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Four reasons why organizations should consider owning property in the neighborhood they work in.
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Community lenders and local governments wrestle with how to encourage—or simply require—that jobs created with their support provide real pathways to opportunity for those who need them most.
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The trauma caused by poverty and the systems that reinforce it can short-circuit standard efforts to build community. A new method called “trauma-informed community building” aims to change that.