Corporate incentives won’t help communities thrive, even distressed ones. But nurturing local businesses will save municipalities money and promote the growth of income, wealth, and jobs. ·
What local government can do to support new, more inclusive economic models. ·
Advocates, city leaders, and Under Armour’s real estate arm negotiate a $660 million tax deal and a vision for economic development in Baltimore.
CBAs can be extremely difficult to implement and enforce, which is why a detailed agreement in the early stages of the community-developer relationship is so important. ·
A Chicago organization is bringing together local businesses and large institutions to promote economic growth. ·
B Corps are for-profit businesses that focus strongly on their social and environmental impact. The movement has grown to 1,800-plus worldwide and now cities, economic authorities, and activists are trying to attract more of these mission-driven and worker-friendly companies to help spur economic growth. ·
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? ·
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? ·
LISC, the Local Initiatives Support Corporation, is one of the central community development intermediaries, financing and supporting community development work for decades. Michael Rubinger was there 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. In a video marking his retirement, colleagues spoke of Michael as someone who remained intensely engaged with community organizations and their work, even after so many years overseeing a much bigger picture. We’ve known Michael since he became the CEO of LISC as a dedicated, persistent, pragmatic leader who encourages new thinking and finds ways to mine the promise of older ideas. And he’s got a pretty sharp sense of humor. Just before Michael left LISC, Shelterforce spoke with him to get his thoughts on the field he devoted his life’s work to. ·
- Affordable Housing
- Arts & Culture
- Community Development
- Economic Development
- Financial Well-Being
- Hurricane Katrina and New Orleans
- Mixed Income
- Neighborhood Change
- Housing Policy Interview Series
- Shared Equity/Permanent Affordability
Arc of Justice, directed and produced by Helen S. Cohen and Mark Lipman. Open Studio Productions, 2016, 22 minutes. Price varies for home and institutional use. Purchase the DVD at nhi.org/go/84444
Vacant properties are so persistent in part because it’s too expensive to do anything with them. At least that’s the assumption. It’s much simpler, goes this reasoning, and more cost-effective, to construct and manage a new multifamily building than to try to rehab and manage single-family homes spread over a wide area. But what if that’s just not true?
Karen Black · October 3, 2016
ROOFLINESblogging beyond bricks & mortar
This post is part of a Shelterforce series called Letters to the Next President….