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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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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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Capital Markets and Neighborhood Stabilization
It’s not often that a nonprofit housing developer sits down with a hedge fund manager, or someone from an investment bank who is outside of the philanthropic or CRA departments.
Detroit: Precise Associates
“When we try to stabilize neighborhoods, rather than being scattered in approach, we try to buy as many properties as possible in a given location and then protect our investment […]
Chicago: Mercy Portfolio Services, a subsidiary of Mercy Housing
“How do we knit together the capacity, whether it’s the developer, lawyers, title companies, lenders, and define the deal so that we can move properties with as much velocity as […]
Revitalize Our Building Stock, Revitalize the Economy
For the same reason that many admire the Flatiron building in New York City, I had a special affinity for one of the original Jos. A. Schlitz taverns in Milwaukee. […]
Catalysts Turned Stalemates
All too often in cities around the country, a once-clear vision of a “catalytic development project” is easily blurred by protracted discussions about whose idea provides the silver bullet. At […]
Less Pasture, More Concrete in Rural Future?
“From concrete to pasture.” That’s how one might characterize my relocation a couple years ago from Boston to Central Virginia. Boston is a place where a carefully landscaped pocket park […]
R Street Apartments: Transit-Oriented Affordable Housing Goes Green
Once marked by underinvestment and criminal activity, few neighborhoods in Washington, D.C. have undergone as significant a redevelopment over the last decade as the historic Logan Circle neighborhood.
Smart at the Roots
Smart growth principles can’t be imposed from the outside.
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.
The New Bottom Line
Fighting organized money takes organized people.
FHLBanks’ Affordable Housing Progam Can Be a Model for Economic Development Funding
Carol Wayman, federal policy director of the Corporation for Enterprise Development argues in the latest issue of Shelterforce that while community economic developers understand the need to leverage every dollar, […]
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 short-term commercial real estate loans coming […]