Tag: Community Development

Economic Development

Taking the Long View on Community Economic Development

Revitalizing communities that have been hit hard by post-industrial decline can take decades, but government and philanthropy often operate on short-term funding timelines. In this episode, Barbara Wheeler-Bride talks with Bo Kemp, CEO of the Southland Development Authority, about this mismatch, and how his nonprofit is working with individuals, businesses, and municipalities in Chicago's south suburbs to reinvigorate the economy. Their innovative strategies, including owning assets like housing and property, could provide a template for other struggling regions across the United States. Giving With Impact is developed with the support of DAFgiving360®

Economic Development

A New Blueprint for Financing Community Development

By David Fukuzawa, Nancy O. Andrews & Rebecca Steinitz 1

The traditional model of community development finance is limited by market conservatism and a focus on scale, rather than local control. We need a new paradigm that prioritizes impact over scale, emphasizes flexible and creative financing strategies, and empowers community voice. | Open access to this article is made possible by The Center for Community Investment, a sponsored project of Rockefeller Philanthropy Advisors.