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Anchor institutions are beginning to realize that they face similar challenges and, by joining forces, can accomplish goals that once seemed out of reach.

This week, The Democracy Collaborative is releasing a new paper that seeks to create a framework for measuring the effectiveness of university and hospital efforts to partner with and improve […]

A Chicago organization is bringing together local businesses and large institutions to promote economic growth.

Anchor institutions—a term used to describe public and nonprofit hospitals and universities—are today widely recognized for their role in community economic development. But they have the potential to do a […]

According to the Foundation Center’s 2014 Key Facts report, community foundations today have nearly $65 billion in assets, more than 9 percent of all foundation assets ($715 billion). As noted at a recent White House conference, over 700 community foundations operate nationwide. Yet while the first community foundation in Cleveland was founded in 1914, their […]

A recent article in Atlantic Cities by Richard Florida, titled “Where 'Eds and Meds' Industries Could Become a Liability,” has caused a bit of a stir. The article warns that […]

America’s colleges and universities are at a crossroads. For all too many students, a college education has become a major economic gamble. Over the past three decades, inflation-adjusted tuition has […]

Campus Compact—a group that brings together 1,100 colleges and universities to advance civic responsibility—held its 30th annual conference where it called on member campuses to develop Civic Action plans to embrace a set of five community commitments.

In response to my earlier post about anchor institutions and community development, Andrew Frishkoff, executive director of LISC Philadelphia, commented “Too often we have seen beneficent anchor institutions acting paternalistically on […]

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

New Jersey’s Housing and Mortgage Finance Agency offers significant subsidies to encourage local hospitals to build housing for low-income residents and frequent users of hospital services.

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.