A new report from Brookings Metro examines LISC’s community-centered economic inclusion initiative, which centers neighborhoods as the key setting for driving strong regional economies. The lessons in this report make one thing clear: To truly transform the prosperity and well-being of entire cities and regions, it’s past time to abandon top-down or “trickle-down” approaches and …
The Community Kitchen Initiative, a partnership between Martha's Table and the Latino Economic Development Center (LEDC), is a new program aimed at promoting upward economic mobility and supporting culinary entrepreneurs’ business growth. The inaugural cohort includes four small businesses located in Ward 8 that are receiving technical assistance and expanding their ability to serve more …
LISC’s Matt Josephs takes a look at the long-awaited modernization of the Community Reinvestment Act (CRA), calling it "fair, workable and strong." But he also warns of the chilling effects of uncertainty, as a legal challenge stalls implementation of the final rule, and offers a series of next steps for banks, regulators and community development …