Subject: Economic Development

  • A New Way to Finance Equitable Economic Development?

    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?  · 

  • Interview: Michael Rubinger, former CEO of the Local Initiatives Support Corporation

    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.  · 

  • Worker-owners and employees of A Yard and a Half landscaping company.

    The Next Boom for Worker Co-ops?

    Baby boomers are the largest percentage of business owners, and they’re headed toward retirement. The worker cooperative movement wants to keep the jobs they've created from disappearing.  · 

  • Payday loan store window graphics.

    New Jersey Divests from Payday Lending

    Advocates in New Jersey mobilize to make a state pension fund put its money where its state regulations are.  · 

  • Austin, Tx., a leader in accountable economic development incentives.

    More Bang for the Buck?

    Austin, with prodding from advocates, pushes its economic development policy to go beyond big deal chasing.  · 

  • Android manufactures specialty car parts in this building belonging to the Detroit nonprofit Focus: HOPE.

    Building the Cars of the Future . . . in Detroit

    How the nonprofit Focus: HOPE is helping to bring manufacturing jobs back to Detroit, and the Detroiters who need them.  · 

  • Impact Hub, a coworking space partially financed by Fund Good Jobs.

    Not Just Any Job

    Community lenders and local governments wrestle with how to encourage—or simply require—that jobs created with their support provide real pathways to opportunity for those who need them most.  · 

  • Interview with Ai-Jen Poo

    Ai-Jen Poo has been organizing with domestic workers for over 15 years, helping in New York to win some of the first statewide labor protections for occupations often exempt from labor laws, and expanding this campaign to a nationwide vision for a strong caregiving workforce and infrastructure for elder care.

    In 2014 she became a MacArthur Fellow, but this was hardly her first award. This visionary leader has, to name just a few, received the Open Society Institute Community Fellowship, the Ernest de Maio Award from the Labor Research Association, the Woman of Vision Award from Ms. Foundation for Women, the Alston Bannerman Fellowship for Organizers of Color, and the Twink Frey Visiting Scholar Fellowship at University of Michigan Center for the Education of Women.

    In 2012, she was listed as one of the Time magazine Time 100, and one of Newsweek’s “150 Women Who Shake the World.” We caught up with Poo by phone on a Saturday while her children played in the background to talk about her work and how the community development world might connect with it.

  • Capital Catch-up

    Community lenders try to address the capital crunch faced by small businesses of color.  · 

  • Disabled American Veterans & RecruitMilitary All Veterans Job Fair in Washington, D.C., June 2014.

    Clearing a Path to Employment for Veterans

    Veterans tend to have many job skills—but translating that into civilian employment is often harder than it should be.  · 

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