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Community Development Finance and Economic Justice

Author : Peter Pitegoff

Publisher :

Page : 0 pages

File Size : 46,50 MB

Release : 2020

Category :

ISBN :

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Book Description

This chapter reflects on the history of community economic development, community development financial institutions, and their relationship with law and legal scholarship. It describes the robust use of complex legal and financial tools in community development practice today and presents Maine-based Coastal Enterprises Inc. (CEI) as a window into the evolution of the field over the last four decades. Part II traces the wider history and context of community development finance and of the dramatic expansion in tax credit financing. Part III explores the implications of this trend for sustainability and local accountability, underscoring the distinction between community organizing and community development and some distancing of community development from its activist origins. Part IV mines connections between community development practice and the legal academy, from the proliferation of law school transactional clinics to an emergent body of applied scholarship that impacts policy and strategy in community economic development.



Community Economic Development in the United States

Author : James L. Greer

Publisher : Springer

Page : 224 pages

File Size : 43,32 MB

Release : 2016-10-29

Category : Political Science

ISBN : 1349698105

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Book Description

This is the first scholarly analysis that examines the development and achievements of the American community development movement. Community development is now a multi-billion industry in the US. Hundreds of Community Development Financial Institutions (CDFIs), located in all regions of the country, have successfully forged locally-based strategies that provide affordable housing, foster business development, and provide much needed community facilities, including innumerable charter schools, in highly distressed communities in inner city neighborhoods, rural communities, and also in American Indian areas. In many areas of the US, CDFIs represent a viable alternative to the mainstream banking industry. This volume documents the positive impact the CDFI industry has had in distressed urban and rural areas in the US.



Community Development Law and Economic Justice--Why Law Matters

Author : Peter Pitegoff

Publisher :

Page : 45 pages

File Size : 17,82 MB

Release : 2017

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ISBN :

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Book Description

The evolution of community economic development (CED) over the past several decades has witnessed dramatic growth in scale and complexity. New approaches to development and related lawyering, and to philosophies underlying these approaches, challenge us to reimagine the framework of CED. From the early days of community development corporations to today's sophisticated tools of finance and organization, this evolution reflects “why law matters” in pursuit of economic justice and opportunity. Change is visible in new approaches to enterprise development and novel grassroots initiatives that comprise a virtual “sharing economy,” as well as intensified advocacy around low-wage work and efforts to contain runaway housing markets against a backdrop of stressed municipal budgets. There has also been a parallel evolution in the legal academy--the maturing of CED programs and expanded attention in scholarship and teaching.At the Association of American Law Schools (AALS) annual meeting in San Francisco in January 2017, legal scholars gathered to discuss this evolution as part of the discussion group, “Community Development Law and Economic Justice--Why Law Matters.” The goal of the discussion group was to give further definition to CED at a fluid moment in its history and to assess an array of new strategies in the field. Are we in a new post-CED era? What are its primary features? Why, how, and to what extent do law and law schools matter in CED?Professors Peter Pitegoff, Scott Cummings, and Rashmi Dyal-Chand organized the convening and formally invited twelve additional law scholars to participate, along with a number of informal participants from diverse backgrounds in CED. Each formal participant submitted a brief essay describing a community development initiative or strategy, with attention to how it fits within the evolution of the field and to how (and if) law matters in the selected initiative. Nine of the brief essays, along with framing remarks by Professor Pitegoff and a thematic overview by Professor Cummings, have been published in 26 Journal of Affordable Housing and Community Development Law 31 (2017).



The Community Economic Development Movement

Author : William H. Simon

Publisher : Duke University Press

Page : 240 pages

File Size : 15,5 MB

Release : 2002-01-10

Category : Political Science

ISBN : 082238082X

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Book Description

While traditional welfare efforts have waned, a new style of social policy implementation has emerged dramatically in recent decades. The new style is reflected in a panoply of Community Economic Development (ced) initiatives—efforts led by locally-based organizations to develop housing, jobs, and business opportunities in low-income neighborhoods. In this book William H. Simon provides the first comprehensive examination of the evolution of Community Economic Development, complete with an analysis of its operating premises and strategies. He describes the profusion of new institutional forms that have arisen from the movement, amalgamations that cut across conventional distinctions—such as those between private and public—and that encompass the efforts of nonprofits, cooperatives, churches, business corporations, and public agencies. Combining local political mobilization with entrepreneurial initiative and electoral accountability with market competition, this phenomenon has catalyzed new forms of property rights designed to motivate investment and civic participation while curbing the dangers of speculation and middle-class flight. With its examination of many localities and its appraisal of the strengths and weaknesses of the prevailing approach to Community Economic Development, this book will be a valuable resource for local housing, job, and business development officials; community activists; and students of law, business, and social policy.



Investing for Social Impact, Economic Justice, and Racial Equity

Author : Dorcas R. Gilmore

Publisher : American Bar Association

Page : 0 pages

File Size : 38,75 MB

Release : 2023

Category : Law

ISBN : 9781639052097

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Book Description

"This current and important book discusses the need for investment that directly addresses social, economic, and racial inequities. Written by practice leaders, this guide provides an understanding of the latest U.S. private and public investment strategies and offers legal tools and checklists created by lawyers and practitioners serving both investors and investees." --



Promoting Sustainable Local and Community Economic Development

Author : Roland V. Anglin

Publisher : Routledge

Page : 256 pages

File Size : 42,56 MB

Release : 2017-09-25

Category : Political Science

ISBN : 1351552996

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Book Description

Growing local economies, empowering communities, revitalizing downtowns, developing entrepreneurship, building leadership, and enhancing nonprofits — you can achieve all these benefits and more with a comprehensive and strategic revitalization plan. Chronicling the struggle of local revitalization as organizers move from trial and error to effective revitalization strategies, Promoting Sustainable Local and Community Economic Development documents the current transformation in community revitalization from market-based incentives to mixed strategies of public sector learning, partnerships, and community capacity. Knowledge about the field and what works is growing, but not always publicized and readily accessible. This reference surveys the breadth of innovative place and people development practices, presenting lessons and examples at a general and textured level, putting information about innovative ways to change, influence, and improve the economic development process within easy reach. Roland Anglin brings his unique vantage point to the topic; his experience as a practitioner and applied academic allowed him to see how community economic development practices grow over time in size, scale, and impact. He highlights the difference between what is now termed community economic development (CED) and traditional local economic development practice, specifically the priority placed on community involvement in economic development partnerships between the private sector and government. The book includes case studies that demonstrate what has and has not worked in revitalization efforts, as well as how active public and private sector partnerships have been the most effective in revitalization efforts. A Resource Guide is included at the end of the book for readers who may want a more expansive understanding of community economic development.



Reengineering Community Development for the 21st Century

Author : Donna Fabiani

Publisher : Routledge

Page : 383 pages

File Size : 32,82 MB

Release : 2015-07-17

Category : Business & Economics

ISBN : 1317461274

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Book Description

This timely book takes a wide-angled look at how the field of community development is evolving in an era of reduced resources, changing priorities, privatization, competition, and performance management at the federal, state, and local government levels, as well as for non-profits and private sector entities. It shows how community development organizations and programs are offering many new services, entering into new partnerships, developing extensive networks, and attracting new and alternative sources of funding - and how, in the process, these organizations are becoming more innovative, leaner in their operations, more competitive, and much more effective than ever before.Students, researchers, and policy-makers will all appreciate the numerous policy examples from the local, state, and federal levels, including a wide range of developments in housing, transportation, smart growth, education, and crime prevention. "Reengineering Community Development for the 21st Century" is an invaluable source for insights into the latest developments in community development financing and performance management.



Economic Justice in an Unfair World

Author : Ethan B. Kapstein

Publisher : Princeton University Press

Page : 276 pages

File Size : 26,12 MB

Release : 2010-12-16

Category : Business & Economics

ISBN : 1400837596

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Book Description

Recent years have seen a growing number of activists, scholars, and even policymakers claiming that the global economy is unfair and unjust, particularly to developing countries and the poor within them. But what would a fair or just global economy look like? Economic Justice in an Unfair World seeks to answer that question by presenting a bold and provocative argument that emphasizes economic relations among states. The book provides a market-oriented focus, arguing that a just international economy would be one that is inclusive, participatory, and welfare-enhancing for all states. Rejecting radical redistribution schemes between rich and poor, Ethan Kapstein asserts that a politically feasible approach to international economic justice would emphasize free trade and limited flows of foreign assistance in order to help countries exercise their comparative advantage. Kapstein also addresses justice in labor, migration, and investment, in each case defending an approach that concentrates on nation-states and their unique social compacts. Clearly written for all those with a stake in contemporary debates over poverty reduction and development, the book provides a breakthrough analysis of what the international community can reasonably do to build a global economy that works to the advantage of every nation.



Toward Capitalism as Justice

Author : Abi Juanice Smith

Publisher :

Page : 156 pages

File Size : 15,26 MB

Release : 2005

Category : Community development

ISBN :

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Book Description

The Louisville Community Development Bank (LCDB) is classified as a Community Development Finance Institution (CDFI). Through a plethora of monetary initiatives, CDFIs aim to create a level of economic stability for the distressed communities they serve. The LCDB forcefully argues that it can alleviate the deep poverty in its investment area via its activities. To explore that argument, this thesis endorses a standard--conceptualized as capitalism as justice--which (1) stresses the equal role that class, race, urban political, and social forces play in poverty perpetuation and (2) sets forth five goals designed to redress select elements of each force. One should find the LCDB able to substantively meet each of the goals of the standard if the institution is as strong of an anti-poverty solution as it purports to be. Utilizing a case study of the LCDB with a special emphasis on the Bank's (1) short history, (2) strategy, (3) capabilities, (4) achievements, and (5) shortcomings, this thesis explores the extent to which the LCDB is actually capable of moving its impoverished investment area away from those poverty defining elements and, therefore, toward some semblance of capitalism as justice.



Community Economic Development Law

Author : Susan D. Bennett

Publisher :

Page : 0 pages

File Size : 24,23 MB

Release : 2012

Category : City planning and redevelopment law

ISBN : 9781594608186

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Book Description

Community development law has assumed pre-eminence among strategies to alleviate entrenched poverty and create sustainable economic and social change within low income communities. Despite the growing prominence of community development within graduate schools and the helping professions, there is no comprehensive textbook to date. This text provides that resource. Community Economic Development Law: A Text for Engaged Learning provides a flexible set of materials that faculty can customize to meet the goals of the stand-alone community development class, or the pedagogical needs of community development law clinics. The text enables students to approach the substantive material as would problem-solving, community-based practitioners. They do so by entering the community of Ourfuture City, whose Old World immigrants built a vanished industrial prosperity; and of its neighborhood, Milkweed Park, whose new immigrants and long-time residents confront the stresses of physical and financial isolation, racial segregation and economic disinvestment. Students assume the roles of advisors and advocates for the families, teachers, clergy, bankers, entrepreneurs, non-profits, public institutions, and activists of this prototypical struggling municipality. The book intersperses overviews of substantive areas that are commonly encountered in community development advocacy with exercises and problems presented by the clients from Milkweed Park. Those areas include entity formation, economic development finance, housing, land use and the emerging field of community justice. The exercises use the substantive law to highlight skills that community development lawyers need to address their clients' problems and projects, as a basis for in-class discussion and/or preparation for client representation.