Community Wealth Blog

So many anchors are now engaged in some sort of community and economic development locally. But how do they know if they are truly benefiting local residents? Having metrics and indicators to track the impact of their engagement is tremendously helpful in order to ensure that both the institution and the community are benefiting. 

When community engagement strategies are marginalized and not viewed as integral to an organization’s core business, they are not sustainable. They are susceptible to budget cuts and changing leadership agendas. Quantifying the returns from community initiatives will help ensure that those initiatives are in place for the long-term.

As part of the Rethinking Communities’ Initiative, the Roosevelt Institute|Campus Network launched The Anchor Institution Challenge, a nationwide project designed to help students understand their university's impact on surrounding communities.

While the words “co-op” and “civil rights” do not commonly appear in the same sentence, with more than 300 cooperative and social justice activists gathered in Jackson, Mississippi, last weekend, the question was hard to avoid.

Join us for a special book launch event on Tuesday, June 3rd to learn about the history of African American cooperative economics from a leading co-op scholar/activist, and hear local updates on ONE DC's Black Worker's Center and Impact Hub DC's worker cooperative incubator. 

The Democracy Collaborative recently sat down with Alan Smith of the Roosevelt Institute Campus Network to talk about their new Rethinking Communities Initiative. Inspired by the legacy of Franklin and Eleanor Roosevelt, the Roosevelt Institute promotes the work of progressive economist and social policy thinkers and supports the next generation of leaders as they design solutions to current pressing issues.

Last week, the National Community Reinvestment Coalition (NCRC) hosted its annual conference in Washington, DC. Entitled “A Just Economy: Ideas, Action, Impact,” the conference brought together nearly 800 community-based practitioners and policymakers to discuss responsible community investment and share strategies to ensure equal access to credit, capital, housing, jobs, and banking services.

Community land trusts are a key strategy for helping low-income communities build assets through home ownership while mitigating the destructive consequences of irrational, speculation-fueled housing markets. Our new infographic highlights the mechanism behind the community land trust.

Over the course of a 12-week period, the Intern will work closely with our Communications Coordinator to conceptualize, script, design, and produce three 2-5 minute animated features which explain and explore aspects of our models for transformative community wealth building. 

Although the notion of building wealth through home ownership has taken a beating in recent years due to the Great Recession, ownership more broadly is still seen as a key factor in building wealth. So says the Greenlining Institute. So finds a recent study authored by Thomas Shapiro and colleagues at Brandeis University’s Institute on Assets and Social Policy.

Chokwe Lumumba, a long-time civil rights activist and the newly elected mayor of Jackson, died yesterday, just weeks before the "Jackson Rising" conference–the launch of an ambitious plan to localize and democratize the city's economy–was scheduled to take place (We understand that the conference will proceed as planned).  Our hearts are with the people of Jackson at this tragic moment.

Just released by the Cleveland Foundation, the new report Cleveland's Greater University Circle Initiative: Building a 21st Century City through the Power of Anchor Institution Collaboration provides a thorough overview of a long-term partnership among some of the city's key anchor institutions to foster inclusive, place-based community economic development.