Reengineering community development for the 21st century

Preface and AcknowledgmentsAcknowledgmentsDonna Fabiani and Terry F. BussWhere the Action Is in Community DevelopmentCommunity Development Financial InstitutionsEvolving Roles of Mission-Focused and Mainstream Financial Organizations: Implications for the Scale and Sustainability of CDFIsFinancial Industry Developments and TrendsFuture Niche of CDFIsMethodologyInteractions Between CDFIs and Mainstream Financial InstitutionsImplications for the Scale and Sustainability of CDFIsConclusionWhen Subsidy Becomes Scarce: Rethinking Community Development FinanceI: CDLF and CDVC Structures and Current ActivitiesП. Challenges Facing the FieldIII: Opportunities and Industry ResponseConclusionsCDFIs “Make the Market” for Charter School Facilities FinancingPublic Charter Schools DefinedWhy Charters?What CDFIs Have AccomplishedRole of the Public SectorThe Future of CDFIs in the Charter MarketConclusionThe Case for the Community Partner in Economic DevelopmentThe Investment Vehicle and the Community Partner RelationshipCase StudiesResearch Design Issues for Measuring CDFI Performance and ImpactCDFI Borrower-Investee Types, Product Groups, and Product LinesUnit of Analysis: Household or Firm Versus Neighborhood or CommunityExperimental Methods for Impact Evaluation of CDFI Product LinesQuasi-Experimental Methods for Measuring ImpactMeasuring Structural Impacts via Financial Output VariablesResearch Methodology and Data Availability in Key CDFI Product LinesConclusions and Implications for PolicyNoteSocial Performance Measurement for CDFI BanksApproaches to Performance Measurement Social Performance MeasurementPublicly Available Performance DataApplication of SPMs to CDFI BanksConclusionsNoteAsset BuildingStubborn and Persistent Lending DisparitiesLiterature Review and IntroductionResearch FindingsProgrammatic and Policy Responses to Steering and Abusive LendingNCRC's Consumer Rescue FundRecommendationsThe Assets Framework: Moving Toward Transformative TransactionsCommunity Development FinanceCDFI TheoryCoastal Enterprises, Inc.: A History and ProfileCommon ThemesWhere Next?Connecting Asset Building and Community DevelopmentAssets Were a Springboard for Upward Mobility in Yesterday's AmericaThe Benefits and Costs of Current Federal Assets PolicyWhy Do Assets Matter Today?IDAs and the American Dream DemonstrationConfidence, Competence, Connections, and – CapitalWhat Is Community Development? Economic Development? Community Economic Development?How Does Entrepreneurship Fit Into the Economic Development Process?The Nexus of Asset Building and Community Economic DevelopmentPromising Ideas, Tools, and Programs to Build Assets and Renew CommunitiesPromising Federal and State Asset-Building PoliciesConclusionNotesInnovation in State Government: Pennsylvania's Financial Education OfficeOriginOperationsLessons LearnedClosingCapacity Building and Citizen EngagementCommunity Capacity Building Through Strategic Philanthropy at the United WayUWAStrategic PhilanthropyHeritage United WayNoteBuilding Community Capacity Through Multisector CollaborationsDetroit LISCPlanning at the Neighborhood LevelStrategic Investment Areas: A New Planning and Investment ModelPlanning CollaborativelyMeasuring Success in Multisector Collaboration – Lessons LearnedSouthern Bancorp's Model for Community Economic Development: The Delta Bridge ProjectSouthern BancorpTheory of ChangePhillips County, ArkansasThe Delta Bridge ProjectResults from the Delta Bridge ProjectConclusionEffective Civic EngagementLessons from the Seattle School District – A MemoirAnti-Busing Initiative on the November 1989 BallotCitizen Involvement MissionSeattle Education SummitConclusionFederal PolicyReforming CDBG: An Illusive QuestThe CDBG ProgramStrengthening America's Communities InitiativePerformance Measurement System ReformCDBG FormulaUpgrading IDISReforming the Consolidated PlanRethinking Federal Low-Income Housing PoliciesRebuilding the Intellectual Foundations of Housing PolicyReforming Housing PolicyConclusionNoteSmart Growth and Land UseSmart Growth and Community Investment: Confronting Suburban Decline in BaltimoreThe Emergence of Suburban DeclineBaltimore County Confronts Suburban DeclinePolitical Realities and Economic Imperatives of Smart GrowthFuture ProspectsNotesPositive Cycling: Riding Our Bicycles Down the Path to Community Development SuccessThe Theory of Positive CyclingThe Ultimate Bicycle-Friendly CommunityHow to Create the Ultimate Bicycle-Friendly CommunityKey InstitutionsWhat Some Communities Have Achieved – Three Case StudiesThe FutureAffordable HousingAging-Out and Foster Care: Housing PolicyChild Welfare and Poor Housing Outcomes for Aging-Out YouthReconceiving Child Welfare as Community DevelopmentConclusionWould the Adoption of Land Value Taxation Drive Down the Price of Land and Increase Housing Affordability?Externalities AboundWhere We Are TodayThe Future Under a Land Value Taxation RegimeConclusionNoteCrime and DevelopmentCrime's Impact on the Viability of Young Urban Small BusinessesThe Controversy and the EvidenceThe CBO Database and Specification of Submarkets in Urban AreasMarket Segments in Which Serious Crime Most Directly Impacts Young FirmsConcluding RemarksAppendix 22.1. The CBO DataNoteCourts, Equity, and Community DevelopmentCrime as a Deterrent to Successful Community RedevelopmentCommunities and Crime: Historical Underpinnings on the British IslesHistorical Underpinnings of the Relationship Between Communities and CrimeRestorative Justice Initiatives in the United StatesThe Community in Community DevelopmentRestorative Justice InitiativesAppendix: Redevelopment's Trend Away from Eminent DomainBIDs and MADs – Partnering with the CommunityLoan ProgramsEquity Funds – Double Bottom Line InvestmentsHistoric Rehabilitation Tax CreditsIncentive Zones – Tax and Financial IncentivesThe Layering Effect of Multiple IncentivesAbout the Editors and Contributors
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