Subject: 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 ... and to have access to a high-paying job.” However, the main priorities for tax reform…

  • Worker Co-ops: Hope in the Desert

    "Political democracy requires economic democracy." I spent Election Day in—of all places—Las Vegas, Nevada. The slot machines garishly blaring in the lobby, and the Trump hotel down the block were all apt symbols for the America many of us feel…

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

    Last week I attended the Opportunity Finance Network conference, the annual gathering of Community Development Financial Institutions and those who work with them. As usual, it was a vibrant, optimistic gathering, filled with announcements of new supporters and good work…

  • 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 Jersey has responded, the way it has done so adds…

  • 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 poll, seven in ten Americans said race relations are “generally…

  • 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, institutions, or governments to invest in enterprises that generate measurable,…

  • 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 of Boston. He is the operations manager of a family-run…

  • 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 economic development tool created by the State of New Jersey.…

  • For Cities, Industrial Land Matters

    In a recent blog post, Tarry Hum, a professor of urban studies at Queens College, profiled the failure of the De Blasio administration to preserve prime industrial spaces in the outer boroughs of NYC. In particular, she noted the failure…

  • A Response to ‘A New Gospel of Wealth,’ Part Two

    In my last blog post, I responded to Ford Foundation president Darren Walker’s essay in which he outlines a new direction for the foundation  and considers an important question about privilege. “How does (it) isolate us from engaging with the…

  • Equitable Development in Shaw

    A recent New York Times article on the revitalization of Washington, DC’s Shaw neighborhood highlighted how real estate developers have rebranded the area to attract mainly white Millennials to this once predominately African American neighborhood. However, it failed to place…

  • Anchoring “The Community” to the Community Building Movement

    Community building has many definitions [Note: archived discussions in Shelterforce can be found here, here, and here] all of which capture an integrated approach to addressing poverty. For me, community building seeks to address the causes and effects of poverty,…

  • Can Community Wealth Building Redefine City Economic Development?

    Last month, Good Jobs First released a report titled Shortchanging Small Business, in which researchers found that large companies (defined as companies with over 100 employees and/or operating in more than 10 locations) received 90 percent of the $3.2 billion…

  • Uber-noxious

    At the PolicyLink Equity Summit the last week of October, Orson Aguilar of the Greenlining Institute was taking a poll of the room at the workshop on the "Gig Economy." How many people used Uber? Quite a lot of sheepish…

  • Response to Darren Walker’s New Gospel of Wealth

    Ford Foundation President Darren Walker recently circulated a thought-provoking piece declaring the foundation’s commitment to tackling the worldwide problem of inequality. In the piece, Walker invited comment as he and his colleagues work to articulate a new and improved “gospel…

  • Why CDFIs Should Go To College

                            During three decades of working to close the financial gaps that confront a disproportionate number of low-income, minority and rural residents, we’ve learned a few things about our market.…

  • Community Groups’ Role Vanishes Under New Federal Workforce Legislation

    On July 22, 2014, after it passed by wide bipartisan margins earlier in the year, the Workforce Innovation and Opportunity Act (WIOA) was signed by President Obama. This law represented the culmination of several fits and starts—in both the Bush…

  • Local Hire: Popular and Controversial

    In March, USDOT Secretary Anthony Foxx began moving toward fully implementing “Local Hire,” a new, year long model program to test innovative local hire policies. Local hire policies, piloted in Kansas City and San Francisco, have led to more jobs…

  • Not Just Any Job

    [Editor's note: while we fix some technical difficulties and remodel our websites, content originally intended to run on Shelterforce online will run here, on the Rooflines blog. This article is part of our Economic Development series.]   Community lenders and…

  • Making Sense of the New Economy: Rethinking Community Economic Development

    The phrase “new economy” can mean a variety of things to different people. To some, the phrase still refers to the adoption of new technology or the growth of the tech sector. Among progressives, however, it has generally come to…

  • Next »