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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.

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A massive 9-story red brick armory with a curved metal roof, seen from one end. Reminiscent of medieval architecture, the edifice has two tall crenelated towers with conical roofs flanking the main entrance, and another, shorter tower topped by a gazebo. A chain-link fence borders the property, and buses, trucks, and cars can be seen in the street, and pedestrians on the sidewalk.

There’s a Community Oversight Fight Brewing in the Bronx

After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped—and they want to continue to have a say in how it goes.

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How Much Money Is Your City or State Losing to “Economic Development?”

Have you ever wondered how much money your city or state is actually losing when it gives a 20-year tax break to a developer in exchange for a handful of jobs? You might soon be able to find out. As Shawn Escoffery of the Surdna Foundation and Greg LeRoy of Good Jobs First explain in […]

Equity

Hubs Help Move the Local Food Movement to the Next Level

It’s not unusual to read a press release from a governor’s or mayor’s office celebrating a deal to bring a new company to a neighborhood or city. Typically we’d be talking about a new manufacturing or tech firm, and the press release would speak glowingly of the prospects for economic development. Which makes a bit […]

City Halls Help Plant Seeds for Community Co-ops

What do Austin, New York City and Denver have in common? All three cities voted to support the development of cooperatives for the first time this year. The amounts are modest, but the trend is clear—mayors and economic development leaders are beginning to add cooperatives and community wealth building to the economic development toolbox. In […]

Want a Stronger Economy? Focus More on Racial Inclusion

  As housing and community development practitioners, you need little convincing that dismantling racial barriers to economic opportunity—from policing practices to exclusionary zoning—is critical to building stronger, more cohesive communities. But what about the economic cost of these persistent racial inequities? Might segregated regions not just undermine the country’s moral fabric, but also hinder its […]

Advancing Economic Opportunity Through Diversity

Recently, I had the opportunity to participate in an important and powerful conversation about the importance of diversity and inclusion in achieving economic equity at the Opportunity Finance Network (OFN) conference in Denver, Colorado. This is a topic that hits close to home for me. Before I joined JPMorgan Chase, I spent 10 years at […]

The Benefits of Having Everyone at the Table

How might we better engage the families we work with and provide them access to larger opportunities? Last month, CFED held their bi-annual Assets Learning Conference. It featured a range of topics that touched on an array of asset-building issues and included networking opportunities, mobilized conversations with policymakers, and celebrations of the progress of the […]

Out from Under the Table

An enterpreneurial training program in Detroit has an unexpected side benefit—legitimizing existing but unofficial businesses, and poising them for growth.

Review

Placemaking for, and by, Whom?

Place-Making in Legacy Cities: Opportunities and Good Practices, prepared by New Solution Group LLC in partnership with Center for Community Progress, December 2013.

Forging a Transformative Vision

Building economic power through community ownership is the antidote to the systemic failures of our current system.

Thinking Outside the Big Box

Urban centers need to come up with creative solutions
to keep their local economies safe from the crushing
force of big-box retailers.

The Cooperative Solution

Cooperatives align closely with the goals and values of community developers and deserve more attention as an economic development strategy.

To Build a Community Economy, Start With Solidarity

How residents who can’t afford to buy in can still get the benefits of co-op work and housing.