Blog: Economic Development
Bipartisan Legislation Looks to Boost Private Investment in Distressed Communities
Sometimes it feels as though there is nothing our policymakers in Washington can agree upon. But amid the discord affecting our nation’s capital is a glimmer of hope: Senators Tim Scott (R-SC) and Cory Booker (D-NJ), and Congressmen Pat Tiberi (R-OH) and Rob Kind (D-WI) have reintroduced legislation that would incentivize the private sector to make long-term investments aimed at improving distressed communities. Read More
Three different models of inclusive entrepreneurship all have one thing in common
Women and minorities are significantly less likely to start businesses than their peers. This is a problem for inner cities, where minorities make up more than two-thirds of the population. In other words, our inner cities are exactly where entrepreneurship is needed most. A number of organizations have launched initiatives aimed at increasing the number of women and minorities in the entrepreneurial ecosystem. Read More
The cost-effective transit solution that’s revitalizing Cleveland’s “Millionaires’ Row”
Cleveland’s HealthLine is one of only five bus rapid transit (BRT) systems in the nation, and a remarkable example of how investment in BRT systems can be leveraged to revitalize surrounding areas. Read More
Allentown’s special tax district too attractive for investors to ignore
In 2009, Pennsylvania State Senator Pat Browne passed a bill that created a special taxing district to incentivize new development to support the attraction and growth of businesses in Allentown, a once vivacious industrial city that sits just Northwest of Philadelphia. The area, designated a Neighborhood Improvement Zone (NIZ), has so far benefited from the tax incentive’s unique structure and attractiveness to the private sector. Read More
The Year in Review: Most Popular Blogs of 2016
As 2016 draws to an end, we’re taking the opportunity to reflect back on what has helped drive awareness and progress in underserved communities around the country. With that spirit in mind, we’ve rounded up the most-read blogs of 2016. These posts exemplify the initiatives, innovation, and dedication that continues to spread growth and prosperity in America’s inner cities. Read More