community development
What Does Inclusive Economic Development Look Like?
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A pair of community economic development consultants lay out some principles for inclusive economic development in small towns.
community building
Community Reinvestment Act: In Need of a Refresh?
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Banking has changed in the 40 years since the CRA was enacted, and so has the ways communities and banks interact. To preserve the CRA’s goals, maybe it’s time to reframe the law.
communities of color
Wealth Building for Equity: Lessons from the Twin Cities
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In Minneapolis and St. Paul, Nexus, a funding intermediary, was attracted to the idea of “community wealth building”—that is, using common ownership of land and business to build wealth. But Nexus decided that the approach could only be effective if grounded in the cultures of the communities it serves.
Voices from the Field
Community Development as if People Matter: Lessons from Nigeria
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The nongovernmental organization (NGO) community knows that resident voice and participation are essential to meeting community development and sustainability goals. But it isn’t easy to get there, as this Voices from the Field article from Nigeria, based on research conducted involving hundreds of nonprofits and community residents, details.
Flint
Flint Development Network Co-Chairs’ Explicit Role Is to Listen and Connect
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By working together and recognizing the collaborative’s collective assets, UACC offers insight into how community-led development efforts can reverse entrenched patterns and provide hope.
community development
Montana Co-op Developers and State Officials Partner for Rural Investment
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In Montana, a co-op development center, the governor’s office for economic development, and state agencies are partnering to create a rural investment cooperative to provide capital to support cooperative startups.
community development
Do Corporate Tax Abatements Belong in Community Economic Development Strategies?
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A new report on the use of corporate tax abatements and other giveaways to encourage business relocation finds that while the tax breaks may lead to short-term economic gains, these are often dwarfed by long-term negative impacts on education levels and as overall incomes.
Nonprofit Management
Coming to a City Near You: A Partnership to Improve Health through Community Investment
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This partnership between a national community development intermediary and a nonprofit health system based in Toledo marks the first commitment of what LISC has promised will involve $10 billion in investment nationally over the coming decade.
community development
Opportunity Zones Provide New, If Flawed, Community Investment Vehicle
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A section of the Republican tax bill called the Investing in Opportunity Act gives governors the opportunity to designate low-income census tracts in their states as “Opportunity Zones.” If the phrase reminds you of the Enterprise Zones and Empowerment Zones of decades past…well, you’re not far off.
Nonprofit News
Appalachian Town Becomes Arts Destination Through Public Nonprofit Partnerships
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This Kentucky city’s story speaks to the potential for economic strategies that focus on boosting homegrown companies to be successful.