Blog: Inner Cities
How the Community Reinvestment Act has Influenced Investment in Inner Cities
Today, young and talented professionals are moving to urban areas to take advantage of the job opportunities that exist. They’re investing in urban real estate and neighborhood commercial corridors are coming back to life. Yet, the opportunity available in cities today looks dramatically different than it did in the 1960s and 70s, when inner city crime was rampant, racial tensions were high and poverty was on the rise. Read More
How the City of St. Paul is Reforming its Procurement Policies to Open Opportunities to Inner City Businesses
A study by the Economic Policy Institute released in July 2012 highlighted what St. Paul policymakers already knew too well: the region faced a massive racial disparity in unemployment rates. Approximately five percent of white residents in the metropolitan region were unemployed, versus a staggering 18 percent of black residents. In order for St. Paul and all of its residents to truly thrive in the years to come, a radical intervention was required. Read More
Why Austin’s community-based approach to entrepreneurship works
In 2016, Austin, Texas was named by CNBC as the number one place in America to start a business. While starting a business in a location such as Silicon Valley typically relies on individual entrepreneurs, venture capital, and large risks, Austin has taken this formula and turned it into a neighborhood activity. Read More
Are Inner Cities Retail Deserts?
The influx of new residents, accompanied by a growing number of restaurants, coffee shops, retail outlets, and other amenities to serve them, has transformed many urban neighborhoods over the past decade. A walk through any low-income, inner city neighborhood, however, often reveals a different reality. While many of these neighborhoods have also grown in population, the mix and number of shops serving local consumers seem to differ from other parts of the city. 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