Enterprises featured in the Building Resiliency Through Green Infrastructure report are creating a blueprint for other cities to follow as they work to protect their communities from the effects of climate change.
Community Development Corporations (CDCs)
Health System Leaders Announce over $700 Million in Investments to Address Health, Housing & Economic Inequalities through Community Wealth Building
Fourteen hospitals and health systems, including national health systems and regional systems, that are the largest private sector employers in California, New York, Massachusetts, Utah, and Wisconsin, along with others that are also among the top 20 largest employers in their states, announced a commitment of over $700 million for place-based investing to create strong and healthy communities. Read more about Health System Leaders Announce over $700 Million in Investments to Address Health, Housing & Economic Inequalities through Community Wealth Building...
The Democracy Collaborative’s new report Anchor Collaboratives: Building Bridges with Place-Based Partnerships and Anchor Institutions discusses the role of anchor institutions and collaboratives in leveraging the power of their economic assets to address social and economic disparities and to revitalize local communities.
The report focuses on the work of anchor institutions and partner organizations that have joined to form place-based networks, or anchor collaboratives, to develop, implement, and support shared goals and initiatives that advance equitable and inclusive economic development strategies. Anchor mission work is not easy, but our hope is that this state of the field report will provide information and assistance to groups wanting to do anchor mission work or to create anchor collaboratives.
Many anchor institutions are also major landowners in their communities, and many are already engaged in housing programs such as employer-assisted housing. Anchor institutions can and should employ CLTs to maximize the impact of their long-term investments in housing for their workforce, and utilize and support CLTs to help build more inclusive communities around their institutions more generally.
A growing number of forward-thinking healthcare anchor institutions have taken up an “Anchor Mission” to realign all institutional resources to fight long-standing inequities at their root by building community wealth.
Anchor collaboratives are stronger and can accomplish goals that once seemed out of reach by combining efforts and resources. However, forming an anchor collaboration isn’t automatic; it takes effort and time to get institutions to see their common interests and potential alignment. The article discusses some ways it can work.
Research Associate David Zuckerman will appear on the panel "The Intersection of Health and Affordable Housing". He will join other panelists to discuss the intersection of health and affordable housing, and cutting-edge strategies community development organizations and partners can employ make their communities not only affordable, but healthy. Read more about Orlando NeighborWorks Training Institute...
Last week, the National Community Reinvestment Coalition (NCRC) hosted its annual conference in Washington DC. Entitled “A Just Economy: Ideas, Action, Impact,” the conference brought together nearly 800 community-based practitioners and policymakers to discuss responsible community investment and share strategies to ensure equal access to credit, capital, housing, jobs, and banking services. Read more about Exchanging Ideas for a Just Economy ...
Although the notion of building wealth through home ownership has taken a beating in recent years due to the Great Recession, ownership more broadly is still seen as a key factor in building wealth. So says the Greenlining Institute. So finds a recent study authored by Thomas Shapiro and colleagues at Brandeis University’s Institute on Assets and Social Policy. Even the Housing and Economic Development Commission of the National Baptist Convention agrees.
As real income levels have stagnated and traditional politics remains deadlocked, communities are looking for new avenues to educate and employ themselves, from social enterprises and cooperatives to community development corporations and credit unions. Democracy Collaborative co-founder Gar Alperovitz reviews the impact of these community wealth building organizations as well as the challenges of supporting these organizations and structuring new local and national institutions that foster efficient, effective, stable, and equitable local economies.
Crossposted from Policy Network, and later published on the London School of Economics website, this blog is part of a debate event hosted by Policy Network in London, UK, that was reviewed in OurKingdom by grassroots activist James Doran:
Five years after the financial crisis economic inequality in the United States is spiraling to levels not seen since the Gilded Age. While most Americans are experiencing a recovery-less recovery, the top one per cent of earners last year claimed 19.3 per cent of household income, their largest share since 1928. Moreover, income distribution looks positively egalitarian when compared to wealth ownership.
Last month I posted a blog about the complexities in the housing market and detrimental side effects of foreclosures for communities and individual wealth preservation. Soon thereafter the Bipartisan Policy Center’s Housing Committee issued a report entitled Housing America’s Future: New Directions for National Policy that contained recommendations for a new housing finance system and for reforming housing assistance programs to better meet the needs of America’s most vulnerable households.