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Events

Connecting Communities Webinar: Bringing Community Investing to Scale | November 19

Sponsored by the St. Louis Federal Reserve. Participants will learn about the growing field of U.S. community investing. Register here.

Industry News

Bruce Katz has been named centennial scholar at the Brookings Institution. Katz is currently vice president and co-director of the Metropolitan Policy Program at Brookings and holds the Adeline M. and Alfred I. Johnson Chair in Urban and Metropolitan Policy. Read more here.

Amy Liu has been appointed vice president and director of the Metropolitan Policy Program, a program of which she currently is senior fellow and co-director, at the Brookings Institution. Liu will also hold the Adeline M. and Alfred I. Johnson Chair in Urban and Metropolitan Policy. Read more here.

Enterprise Community Partners was named 2015 Organization of the Year by The Stevie® Awards for Women in Business for its work on a national level for affordable housing in thriving communities linked to jobs, good schools, health care and more. Ali Solis, Enterprise senior vice president of Public Policy & External Affairs, accepted the award on behalf of the organization.

Resources

Living Cities' new Cross-Sector Partnership Assessment is an online tool for those engaged in cross-sector work. It is now up and available and especially useful for those working on collective impact partnerships. Learn more and take the survey here.

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The Answer

Q: Do inclusionary housing requirements make housing prices go up for everyone else?

A: No, they do not.

Market-rate developers are business people. They charge as much as the market will bear. When housing prices go up, they charge more; when housing prices go down, they ask less. Developers are "price-takers" not "price-setters" because they only control a tiny share of the housing market. A large majority of rental and for-sale housing is located in existing buildings, not in brand-new buildings, limiting the influence of new housing, and inclusionary requirements, on home prices.

The Answer is for you to use. You can download a PDF to print here!

Uber-noxious

Miriam Axel-Lute, Shelterforce

Most progressives agree that Wal-Mart's pretty bad. But imagine if Wal-Mart didn't invest any capital in its stores, instead making its employees take out high-interest rate loans to purchase inventory; if workers needed to provide their own liability insurance; if every time Wal-Mart had a sale, the drop in prices came out of the worker's checks instead of the store's gross receipts; if . . . More

Whose Comfort Matters in Public Spaces?

Daniel Kravetz, Writer

Nicollet Mall attracts tens of thousands of residents, workers, shoppers, tourists, and barflies every day (and if you have attended a national conference in Minneapolis, you have probably been there too). But some say the mall's problem is one of too many people, or at least too many of a certain type . . . More

At Last, Apprenticeships Will Be for All People

Ana Garcia-Ashley, Gamaliel Foundation

If you believe broken or unjust systems have kept too many people out of jobs and kept many lower-income communities of color from getting ahead, the Obama administration's announcement last week is really good news . . . More

Can Community Wealth Building Redefine City Economic Development?

Steve Dubb, The Democracy Collaborative

Examples of cities and states throwing money at corporations are almost too numerous to count. And yet, slowly but surely, a counter-tendency is starting to take hold . . . More

You Said It!

"Today's economy is dominated by corporate giants, almost all being strictly capitalist in nature. Therefore we need stakeholder ownership of all big corporations worth more than $1 billion. Stakeholder ownership would always mean substantial ownership by one or more levels of government, from local to global . . ." --Dick Burkhart on Response to Ford Foundation's New Gospel of Wealth

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President and Chief Executive Officer, National Low Income Housing Coalition

The National Low Income Housing Coalition is a Washington, D.C.-based nonprofit organization dedicated solely to achieving socially just public policy that assures people with the lowest incomes in the United States have affordable and decent homes. Founded in 1974 by Cushing N. Dolbeare, NLIHC educates, organizes and advocates to ensure decent, affordable housing for everyone. NLIHC's goals are . . . Read Full Listing