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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 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 of developing and growing a worker-owned cooperative themselves. This is […]

Time for Worker Cooperatives to Go Mainstream

Cities are at the crosswalk of talent and density, and they have a lot to lose by not thinking innovatively about economic policy. Cities suffer from the widest income disparities […]

A Victory for Local Control re: Fracking

Localities in New York State appear to have won the right to ban fracking, thanks to a decision by the state's highest court on June 30 in favor of two […]

Organizing

“Learning In”: A Coalition Organizes for Equitable Redevelopment

Residents and small business owners are already seeing rents rise in Union Square, a diverse neighborhood in the largely working class city of Somerville just north of Boston, Massachusetts. But […]

interior view of a greenhouse with rows of plants

Outside Investment or Self-Reliance for Rural Success?

Recently I came across a couple articles that questioned the economic viability of rural areas in large parts of this country. These are places that are too far outside metropolitan […]

Casinos are Parasites

It is not news that communities desperate for jobs and economic development often make terrible long-term decisions, welcoming in development and developers that are damaging in all sorts of ways—environmentally, […]

Reported Article

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 30 years. But it hasn’t been […]

Community Development Field

Impact Investing Resources

If you want to explore impact investing further, here are some places to start.

A girl with a pony tail points at a dialogue box on a large screen in a classroom, at Monarch, a school funded by an impact investment from Clearinghouse CDFI that provides quality education, safe environment, and support services to homeless youth.

Impact Investing for Community Development

New sources of mission-driven private capital could step up to support community development where traditional sources of financing are withdrawing.

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.

Small Dollars, Big Returns

So what can you make happen with a domestic impact investment anyway?

Measuring Blended Value

Tracking social return on investment is more complicated than measuring financial return. How do impact investors do it?