Tag: Economic Development

Tax Credits Play A Critical Role in Economic Development

In his recent speech to Congress, President Trump included this pledge: “Every American child should be able to grow up in a safe community...

Worker Co-ops: Hope in the Desert

“Political democracy requires economic democracy.” I spent Election Day in—of all places—Las Vegas, Nevada....

CDFIs “Rethink” Systems, But (Hopefully) Not Identity

We are definitely in some danger of losing a connection to the animating social movements that gave rise to the industry.

New Lenses on Economic Development

Billions of taxpayer dollars are spent every year to stimulate economic development. Is it going where we think it’s going?

Making a Success of Local Hire

Local hire policies are among the strongest strategies for bringing good job opportunities to disadvantaged communities, but adding more provisions to specifically target those with the most barriers to employment can make local hiring practices even more effective.

Why Your Community Should Kick the Subsidy Habit

Corporate incentives won't help communities thrive, even distressed ones. But nurturing local businesses will save municipalities money and promote the growth of income, wealth, and jobs.

In the World of Community Wealth-Building, Ownership Has Its Privileges

What local government can do to support new, more inclusive economic models.

Who Will Benefit from Port Covington?

Advocates, city leaders, and Under Armour's real estate arm negotiate a $660 million tax deal and a vision for economic development in Baltimore.

Making Community Benefits Agreements Count

CBAs can be extremely difficult to implement and enforce, which is why a detailed agreement in the early stages of the community-developer relationship is so important.

Connecting Companies to Business

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

Using Business as a Force For Good

B Corps are for-profit businesses that focus strongly on their social and environmental impact. The movement has grown to 1,800-plus worldwide and now cities, economic authorities, and activists are trying to attract more of these mission-driven and worker-friendly companies to help spur economic growth.

Continuing the Dream

New Communities Inc. was the largest African-American owned parcel of land in the United States the late 1960s. For more than 15 years, it survived attempts at sabotage and other challenges thanks to the collective efforts of as many as 500 families.

Keeping Everyone Afloat: Is Universal Basic Income the Answer?

Advocates and organizers who deal with the needs of the poor often say it's not really a housing/food/training issue, it's an income issue. So what would happen if we just addressed income?

A New Way to Finance Equitable Economic Development?

Big companies discovered the long-stagnant Immigrant Investor Program EB-5 after the 2008 financial crisis. Can community developers bend the program toward their goals too?

Interview with Michael Rubinger, former CEO of the Local Initiatives Support...

Rubinger was at LISC's founding and from 1999 to June 2016, he headed the organization, steering it most recently on a path toward comprehensive community development rather than just housing work.

Q: Do economic development incentives support small businesses?

A. Not very much. Despite the claims of many states, when you look at the numbers, the vast majority of taxpayer dollars directed to economic development go to big corporations.

How Not To Do Economic Development

Camden is one of the most distressed cities in the United States, and if any city needs state help...

Embedding Equity Into Economic Development

It is another summer in which America’s deep racial fault lines are being painfully exposed. Following the horrific violence...

Putting the Impact in Impact Investing

Impact investing is a popular idea that promises to channel the power of market capitalism into serving the common...

Q: What’s the difference between community economic development and traditional economic...

A: A lot! In fact, they are so different that the Democracy Collaborative, which made the chart below, has coined the term “community wealth building” to set apart the truly community-oriented practitioners of economic development.