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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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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 Corporation
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 to build its economy, it’s Camden. While the state of New […]
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 in Baton Rouge, Falcon Heights, and Dallas, in a July 8 […]
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 good. Broadly defined, impact investing is a way for individuals, philanthropies, […]
Q: What’s the difference between community economic development and traditional economic development ?
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.
The Next Boom for Worker Co-ops?
Baby boomers are the largest percentage of business owners, and they’re headed toward retirement. The worker cooperative movement wants to keep the jobs they’ve created from disappearing.
Developing Economic, Along with Physical, Health
Sue Joss and Jason Barbosa might seem to be unlikely economic development partners. She is the veteran CEO of a major nonprofit health care provider in Brockton, Massachusetts, just south […]
A Gem for New Jersey Neighborhood Revitalization
‘A dollar and a dream,’ was the phrase I read in a brochure about the starting point for revitalizing neighborhoods through the Neighborhood Revitalization Tax Credit (NRTC) program, a unique […]
How One City Is Keeping Jobs Local Using Co-ops
[Editor's note: This article was originally published by YES! magazine.] In 1971, the owners of The Cheese Board turned their Berkeley, California, mom-and-pop shop into a co-op, where they became […]