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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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Memphis Is Shrinking. Here’s Why We Need to Change That
Memphis is struggling with a dwindling population, driven in part by a high crime rate and disinvestment in low-income areas of the city. What are local organizations doing to turn this around?
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How CDFIs are Helping Small Businesses Create Good Jobs
Community development financial institutions lend to micro- and small-business owners, but the jobs those businesses create are often minimum wage, part time, or otherwise low quality. What makes a job a good job, and what are CDFIs doing to help small-business borrowers create good jobs?
Don’t Go Back to Old Economic Development Ways
Cities have led the way in enacting equity-focused pandemic policies. It’s time to build on that momentum, starting with neighborhoods.
Fighting for Their Hometown in The Place That Makes Us
A review of the 2020 documentary, The Place That Makes Us, directed by Karla Murthy. 70 minutes.
Despite a Rocky Start, Cleveland Model for Worker Co-ops Stands Test of Time
Even during tough times, the Evergreen Cooperative Initiative has added new co-ops, new workers, and new strategies.
Why the Community Reinvestment Act Must Be Expanded Broadly Throughout the Financial Industry
The financial industry has been one of the main perpetrators of racial discrimination. It should be obligated to serve all communities, particularly communities of color.
Why Do Low-Income Residents Oppose Development Even When Displacement Risk Is Low?
There’s more than one way to be excluded from your community.
Help for Small Businesses
What kinds of emergency measures are advocacy organizations proposing to make sure that when small businesses can open again, they’ll be financially able to do so?
We Need a Rural New Deal
COVID-19 is a combined health and economic crisis poised to further devastate rural communities already suffering severe economic stress. Already, rural health care systems are strained by the outbreak, and […]
Small Numbers, Great Expectations: A Case for Rural Investment
“Drop dead” wasn’t an acceptable answer to urban decay in the 1970s. And it isn’t the right answer for struggling rural areas today.
Improving CRA for Rural America
The Community Reinvestment Act regulations should be recrafted to incentivize investments in underserved and economically distressed communities, many of which are rural.
How Successful is Your County in Accessing Community Development Funding?
some communities in the United States seem much better than others at attracting grants and financing for community development—even after adjusting for their relative needs. Here are some of the surprising trends:
Is Success Making CDFIs Too Risk-Averse?
Shelterforce’s Miriam Axel-Lute in conversation with Ed Gorman of NCRC on whether community development financial institutions (CDFIs) are taking enough risk, and therefore, falling short of their mission.