1 Letter from the Publisher Andrew Mooney 2 2 1St Century Community

Total Page:16

File Type:pdf, Size:1020Kb

1 Letter from the Publisher Andrew Mooney 2 2 1St Century Community THe Journal of the Institute for COmpreHensive COmmunity DeVelopment Inaugural Issue DeCemBer 2010 1 Letter from the Publisher Andrew Mooney 2 21st Century Community Development and Federal Policy Author Interview Lessons from the Field Robert Weissbourd 15 Building the Platform for Community Development Reflections Andrew Mooney 18 After Shorebank Richard Taub Commentary 18 Shorebank and the Future of CDFIs Mark Pinsky Commentary 21 Voices from the Field III Anne C. Kubisch, Patricia Auspos, Research Report Prudence Brown, Tom Dewar 24 Social Capital Research Review Chris Walker 25 Politics of Happiness Book Review Eileen Figel 26 The Obama Administration and Neighborhood Revitalization Legislative Update Benson (Buzz) Roberts 28 Take Courage Bishop Arthur M. Brazier Reflections (1921-2010) The JoUrnal oF The Institute For Comprehensive Community DeveLopmenT The Journal is published by the Institute for Comprehensive Community Development, a venture of Local Initiatives Support Corporation. The Institute works to advance the field of comprehensive community development and the positive impact it has in urban and rural communities across the country by: • Building the capacity of community development practitioners • Providing on-site support and technical assistance to comprehensive community devel- opment initiatives in cities across the U.S. • Applying lessons learned through research and performance evaluation to continually improve on-going comprehensive community development initiatives and to develop new initiatives • Supporting the development of public policies which integrate government programs in order to effectively facilitate and support comprehensive community development • Communicating broadly the best there is in practice and theory in the field of community development The Journal advances the mission of the Institute by communicating outstanding theory and practice in the field, sharing the lessons of research and evaluation, providing a forum for robust debate about the model itself and the challenges and opportunities faced by its practi- tioners, exploring policy implications, and, through reflection and debate, building the community of those engaged in this work. Publisher Andrew Mooney, Managing Director, Institute for Comprehensive Community Development Editorial BoArD Tom Kingsley, Senior Fellow, Metropolitan housing and Communities Policy Center, Urban Institute Anne C. Kubisch, Director, roundtable on Community Change, Aspen Institute Oramenta Newsome, executive Director, LISC/Washington D.C. Chris Walker, Director of research, LISC Institute DIrector Eileen Figel Editor Mary O’Connell Design Tuan P. Do The views expressed represent those of the authors, and not necessarily those of the editorial board, the Institute for Comprehensive Community Development, Local Initiatives Support Corporation (LISC), or their affiliates or funders. Material herein may be reprinted or abstracted upon notification to The Institute for Comprehensive Community Development and provided appropriate credit is given. 1 north LaSalle Street, 12th Floor, Chicago, IL 60602 • Tel. 773-407-6336 • www.instituteccd.org Letter FroM The Publisher ore than a decade ago, LISC began approaching community development in a way that’s different, both from what came before, and from what Mmany theorists advocate today. Unlike traditional community development, which focuses largely on real estate development, we run the gamut from housing and commercial development to sports and health care. Unlike traditional federal government programs, with carefully tended (and jealously defended) resources for housing, transportation, job training, etc., we believe in a comprehensive approach where programs and activities are place-based, strategic, and integrated. And unlike many of today’s policy discussants who preach the gospel of metropolitan and regional development but fail to articulate the need to integrate neighborhoods in regional devel- opment strategies, we believe that the metropolis is only as strong as its neighborhoods, and that one ignores neighborhood development at the peril of the regional economy. The idea of creating the Institute for Comprehensive Community Development grew from a notion that our colleague Jim Capraro had a few years ago. Its purpose is to share, and to debate, the lessons we and others are learning as we pursue this community-based, comprehensive approach, and to explore the policy implications. our thinking is based on our experience, and on the thousands of different relationships that form the web of community development in cities that pursue the same approach. This new Journal advances the work of the Institute by: • communicating outstanding theory and practice in the field • sharing the lessons of research and evaluation • providing a forum for robust debate about the model itself and the challenges and opportunities faced by its practitioners • exploring policy implications, with a goal to building stronger public policies to support comprehensive community devel- opment • building the community of those engaged in this work The Journal will, we hope, position the Institute as the thought-leader in our field and as the go-to place to learn about and think about what it takes to transform neighborhoods in America. It’s an exciting if not daunting new venture for all of us, but it’s never been more important to our field. As I remark in the essay on page 15, even with a friendly administration in Washington, it’s still really up to us to make development happen in ways that genuinely empower people and transform neighborhoods. I hope that some of our experience and especially our current thinking on these matters will stimulate your own thinking, and that you will respond to what you read here. We all have much to learn from each other. And we have much to do. Andrew Mooney Managing Director, The Institute for Comprehensive Community Development Chicago December 2010 T h e J o U r n al o F T h e I n stitut e F o r C o mp r e h e n si v e C o mmu n it y D e v e L o pm e n T • www . I n stitut e ccd . o r g 1 Author InTerv IeW 21st Century Community Development and Federal Policy In the paper that follows, Bob Weissbourd outlines how a new, more dynamic understanding of neighborhoods should in turn lead to new, more nuanced and integrated federal strategies for strengthening neighborhoods and regions. As a member of the Obama- Biden Transition Team, Weissbourd helped review the work of the Department of Housing and Urban Development and develop recommendations for the incoming administration. Promising new programs and approaches are emerging at the federal level, he says, but progress is difficult, in part because of entrenched interests in the economic development field and in Congress. Weissbourd recently sat down for a conversation about neighborhood development and federal policy. Q: Your paper lays out some pretty significant ideas. and then most of them move away — often to a starter home What do you think is its most important contribution? community — and other young people replace them. nothing wrong with that. It tries to offer a much different, more dynamic understanding of neighborhoods. Understanding the neighborhood as part of larger dynamic systems helps shape strategies for both neighborhood and neighborhoods, in this view, are complex systems that arise regional development. We can identify what characteristics from the interaction between larger systems (labor markets, appeal to the residents it wants to serve and, in turn, how the supply chains, real estate markets, etc.) and neighborhood neighborhood connects residents to jobs, education, and so characteristics like building stock, location, transportation forth beyond the neighborhood. infrastructure, and so on. These dynamics give rise to different types of neighborhoods with different functions. Q: But aren’t some communities more stable than the ones you’re describing? My Chicago neighborhood, for neighborhoods are also constantly in motion — people and example, has many families who have been there 30 years businesses are moving in and out — or they are dying. This is or more. different from the traditional view of a static and fairly self- contained neighborhood to be organized and preserved. of course, some community types serve residents for much longer periods — retirement communities, for example. But Let me give you an example. For several years, I worked with even retirement communities, if they’re not renewing a team doing comprehensive neighborhood development in themselves, are dying. And a starter home community can be Town Fork Creek, in Kansas City. At one point we realized quite stable, and serve the same functions for the same types that this is a “starter home” community. The housing was of residents and businesses, for a long time. The players affordable and the neighborhood was reasonably safe with change, but the play stays the same. decent amenities for small children, so young families with small kids would move in. They would stay for a while, but Whether you want to be stable or to change types, you always then as the kids grew older and the families were doing better, have to think about who you want to attract and what they they would move away — and new, young families would want. And to do that you’re looking to the regional context: take their place. what will attract certain types of residents, developers, businesses, what neighborhoods are you competing against, I’m simplifying, of course.
Recommended publications
  • Of Community Banking: the Continued Importance of Local Institutions Bob Solomon UC Irvine School of Law
    UC Irvine Law Review Volume 2 Issue 3 Business Law as Public Interest Law / Article 8 Searching for Equality: A Conference on Law, Race, and Socio-Economic Class 12-2012 The alF l (and Rise?) of Community Banking: The Continued Importance of Local Institutions Bob Solomon UC Irvine School of Law Follow this and additional works at: https://scholarship.law.uci.edu/ucilr Part of the Banking and Finance Law Commons Recommended Citation Bob Solomon, The Fall (and Rise?) of Community Banking: The Continued Importance of Local Institutions, 2 U.C. Irvine L. Rev. 945 (2012). Available at: https://scholarship.law.uci.edu/ucilr/vol2/iss3/8 This Article and Essay is brought to you for free and open access by UCI Law Scholarly Commons. It has been accepted for inclusion in UC Irvine Law Review by an authorized editor of UCI Law Scholarly Commons. UCILR V2I3 Assembled v8 (Do Not Delete) 12/14/2012 5:35 PM The Fall (and Rise?) of Community Banking: The Continued Importance of Local Institutions Bob Solomon* Introduction ..................................................................................................................... 945 I. The Reality of Bank Concentration .......................................................................... 946 II. Four Principles ........................................................................................................... 950 III. ShoreBank—The Model for Community Development Banking ................... 955 IV. The Difficulties of Starting a De Novo Bank— The New Haven Experience ...........................................................................
    [Show full text]
  • Julia Cassaniti, Ph.D Curriculum Vitae
    Julia Cassaniti, Ph.D Curriculum Vitae JULIA CASSANITI Department of Anthropology Washington State University PO Box 644910 College Hall 150 Pullman, WA 99164-4910 [email protected] https://anthro.wsu.edu/faculty-and-staff/julia-cassaniti/ EDUCATION 2009 Ph.D, The University of Chicago Department of Comparative Human Development Thesis: “Control in a World of Change: Emotion and Morality in a Northern Thai Town.” Supervisors: Dr. Richard Shweder (chair) Dr. Tanya Luhrmann, Dr. Richard Taub, Dr. Steven Collins 2004 M.A., The University of Chicago Committee on Human Development 1999 B.A., Smith College Cognitive and Social Psychology (Phi Beta Kappa, with honors) ACADEMIC POSITIONS 2012 - Washington State University Assistant Professor, Department of Anthropology Affiliate Faculty, Asia Program 2010 - 2012 Stanford University Culture and Mind Postdoctoral Fellow, Department of Anthropology 2009 - 2010 University of California, San Diego Visiting Lecturer, Psychological Anthropology, Department of Anthropology RESEARCH AND TEACHING INTERESTS Psychological, Medical, and Cultural Anthropology; Religious Experience; Cultural Phenomenology; Health and Wellness; Comparative Human Development; Affect; Agency; Embodiment; Ethics; Cognition in Culture; Gender/Sexuality; Buddhism; Contemporary Social Practice in Thailand; S/E Asia. BOOKS Theravāda 2018 Cassaniti, Julia. Remembering the Present: Mindfulness in Buddhist Asia. Ithaca, NY: Cornell University Press. 2017 Cassaniti, Julia and Usha Menon, eds. Universalism Without Uniformity: Explorations in Mind and Culture. Chicago, IL: The University of Chicago Press. 2015 Cassaniti, Julia. Living Buddhism: Mind, Self, and Emotion in a Thai Community. Ithaca, NY: Cornell University Press. (Awarded the 2016 Stirling Prize for Best Published Book in Psychological Anthropology by the American Anthropological Association) 1 Julia Cassaniti, Ph.D Curriculum Vitae JOURNAL ARTICLES AND BOOK CHAPTERS 2017 Cassaniti, Julia.
    [Show full text]
  • 'Shorebank Amendment P&A'
    AMENDMENT TO PURCHASE AND ASS!JMPTION AGREEMENT THIS AMENDMENT, made and entered into as of the 20th day of August, 2010, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of SHOREBANK, CHICAGO, ILLINOIS (the "Receiver"), URBAN PARTNERSHIP BANK, CHICAGO, ILLINOIS, organized under the laws of the state of Illinois, and having its principal place of business in Chicago, Illinois (the "Assuming Institution"), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the "Corporation"). WITNESSETH: WHEREAS, on August 20, 2010, the Illinois Department of Financial and Professional Regulation closed ShoreBank (the "Failed Bank") pursuant to applicable law and the Corporation was appointed Receiver thereof; and WHEREAS, on August 20, 2010, the parties hereto entered into a Purchase and Assumption Agreement (the "Agreement") whereby the Assuming Institution purchased certain assets and assumed certain deposit and other liabilities of the Failed Bank on the terms set for in the Agreement; and WHEREAS, the parties desire to amend this Agreement on the terms and conditions set forth in this Amendment to Purchase and Assumption Agreement; NOW THEREFORE, in consideration of the mutual promises herein set forth and other valuable consideration, the parties hereto agree as follows: ARTICLE 2.1 is amended as follows: 2.1 Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes
    [Show full text]
  • CHENOA ANNE FLIPPEN Curriculum Vitae
    CHENOA ANNE FLIPPEN Curriculum Vitae Associate Professor 3718 Locust Walk Department of Sociology Philadelphia, PA 19104-6299 University of Pennsylvania [email protected] EDUCATION: 1999 Ph.D. The University of Chicago, Sociology Thesis Title: "Racial and Ethnic Inequality in Housing: A Multi-level Approach" Committee: Linda Waite (Chair), Marta Tienda, and William Julius Wilson Minor: Quantitative methods 1995 M.A. The University of Chicago, Sociology Thesis title: "Social Disorganization in the Case of White to Hispanic Succession" Readers: Marta Tienda (chair) and William Julius Wilson 1993 Ph.D. Qualifying Examination: With honors 1992 B.A. The University of Virginia. Major: Psychology and Sociology, with distinction AREAS OF SPECIALIZATION: Racial and ethnic inequality, urban poverty, immigration and internal migration, the Hispanic population of the United States, aging and the life-course PROFESSIONAL EXPERIENCE: 2014- Associate Professor, Department of Sociology, University of Pennsylvania 2010- Associate, Latin America and Latino Studies Center, University of Pennsylvania 2008- Research Associate, Population Studies Center, University of Pennsylvania 2008-2014 Assistant Professor, Department of Sociology, University of Pennsylvania 2005-2008 Senior Research Scientist (part time), Social Science Research Institute and Department of Sociology, Duke University. Co-Investigator of the project “Gender, Migration, and HIV Risks among Hispanics: A Tri-National Study.” 2001-2005 Assistant Research Faculty (part time). Project Manager of the project “Gender, Migration, and HIV Risks among Mexicans,” School of Nursing, University of North Carolina, Chapel Hill. 1999-2001 NIA Postdoctoral Research Associate, Center for Demographic Studies, Duke University 1 Chenoa A. Flippen March 6, 2020 1995-1998 Research Assistant on "Income and Program Participation of Hispanic Elderly" directed by Marta Tienda, Population Research Center, The University of Chicago.
    [Show full text]
  • Graduate-Catalog-05-07-2J1qxo8.Pdf
    T HE U NIVERSITY OF T HE U NIVERSITY OF C HICAGO C HICAGO T HE L AW S CHOOL G RADUATE P ROGRAMS in the D IVISIONS 2006 – 2007 A NNOUNCEMENTS 2005-2007 01. general and InterDiv 05-06.qxp 8/22/2005 1:40 PM Page a THE UNIVERSITY of CHICAGO GRADUATE PROGRAMS in the DIVISIONS ANNOUNCEMENTS 2005- 2007 01. general and InterDiv 05-06.qxp 8/22/2005 1:40 PM Page b THE UNIVERSITY OF CHICAGO James Crown, Chairman of the Board of Trustees Don Michael Randel, President of the University Richard P. Saller, Provost Candidates for admission to graduate programs at the University of Chicago should address their inquiries, including requests for application materials, to the Dean of Students of the relevant graduate division or school to which application is being made. Division of the Biological Sciences Divinity School 924 East 57th Street 1025 35 East 58th Street Chicago, IL 60637 Chicago, IL 60637 (773) 834 2105 (773) 702 8217 email: biosci grad [email protected] email: [email protected] http://gradprogram.bsd.uchicago.edu http://www.divinity.uchicago.edu Division of the Physical Sciences Law School 5747 Ellis Avenue 1111 East 60th Street Chicago, IL 60637 Chicago, IL 60637 (773) 702 8789 (773) 702 9484 email: individual departments email: [email protected] http://physical sciences.uchicago.edu http://www.law.uchicago.edu Division of the Humanities Irving B. Harris Graduate School of 1010 East 59th Street Public Policy Studies Chicago, IL 60637 1155 East 60th Street (773) 702 8512 Chicago, IL 60637 http://humanities.uchicago.edu (773) 702 8401 Division of the Social Sciences http://www.HarrisSchool.uchicago.edu 1130 East 59th Street School of Social Service Administration Chicago, IL 60637 969 East 60th Street (773) 702 8415 Chicago, IL 60637 email: ssd [email protected] (773) 702 1250 http://social sciences.uchicago.edu email: ssa [email protected] Graduate School of Business http://www.ssa.uchicago.edu 1101 East 58th Street The University of Chicago central Chicago, IL 60637 switchboard: (773) 702 1234.
    [Show full text]
  • Mary Pattillo
    Curriculum Vitae Mary Pattillo Northwestern University Home: 1810 Chicago Avenue 1036 E. 47th Street, #3E Evanston, IL 60208 Chicago, IL 60653 Tel. 847.491.3409; Fax 847.491.9907 [email protected] RESEARCH AND TEACHING AREAS Race and Ethnicity, Urban Sociology, Ethnographic Methods, Housing, Education, Criminal Justice EDUCATION 1997 Ph. D. in Sociology University of Chicago, Chicago, IL 1994 M. A. in Sociology University of Chicago, Chicago, IL 1991 B. A. cum laude in Urban Studies-Sociology Columbia University, New York, NY EMPLOYMENT 2020 - Chair, African American Studies Department 2010 - Harold Washington Professor, Departments of Sociology and African American Studies, Northwestern University, Evanston, IL 2004 - Faculty Associate, Institute for Policy Research, Northwestern University 2006 - 2009 Chair, Department of Sociology 2001 - 2006 Associate to Full Professor, Departments of Sociology and African American Studies, Northwestern University, Evanston, IL 2004-2007 Arthur Andersen Research and Teaching Professor, Weinberg College of Arts and Sciences, Northwestern University, Evanston, IL 2001 - 2002 Chair, African American Studies Department 1998 - 2001 Assistant to Associate Professor, Department of Sociology and Department of African American Studies, Northwestern University, Evanston, IL 1998 - 2004 Faculty Fellow, Institute for Policy Research, Northwestern University, Evanston, IL 1997 - 1998 Postdoctoral Fellow and Research Associate, Poverty Research and Training Center, University of Michigan, Ann Arbor, MI
    [Show full text]
  • Chicago New Residents Resource Guide Richard M
    BACKSIDE OF BACK INSIDE FLAP j IMMIGRANT SERVICES Citizenship/ English as a Second Language (ESL) / k SPORTS AND RECREATION Gymnasiums and Recreational Centers/ Fitness Immigrant-specific services/ Refugee-specific services/ Immigration detainee programs/ After-school programs/ Summer programs/ Youth and adult sports YOU HAVE RIGHTS services/ Resources for asylum-seekers/ Family reunification leagues YOU HAVE RIGHTS UNDER INTERNATIONAL LAW Documented and Undocumented Immigrants Have Several international treaties give protcection to immigrants, including the This is a marvelously useful guide for new and Protection Under U.S. and International Laws q c United Nations Declaration on Human Rights, the International Convention on seasoned Chicago residents alike. Organized by EDUCATION Day care/ Head Start/ Pre-kindergarten/ Secondary HOUSING Rental assistance/ Housing referrals/ Public and low-income th the Elimination of All Forms of Racial Discrimination, the International Covenant LOCATIONWITHEASY TO READGRAPHICS YOUWILLlND (kindergarten through 12 grade)/ Post-secondary (community college/ colleges housing referrals/ Co-op housing/ Homeowner educational workshops/ Building on Civil and Political Rights, and the Vienna Convention on Consular Relations. If the police, FBI, or immigration authorities stop or detain you: vital information about how to navigate the cityói ts and universities)/ College application and scholarship help/ Youth mentoring code information/ Counseling for tenant/landlord disputes/ Foster care/ These treaties give you the right to: DO tell them if you have children at home who need your care. In raids in other public transportation, the public school system, and development/ After-school programs/ Summer programs/ Adult education/ Homeless shelters parts of the country, parents of young children were less likely to be detained.
    [Show full text]
  • Notable Rural Development Programs Compiled by Jonathan Watts Hull Senior Policy Analyst Southern Legislative Conference of the Council of State Governments
    Notable Rural Development Programs compiled by Jonathan Watts Hull Senior Policy Analyst Southern Legislative Conference of The Council of State Governments Kentucky Highland Investment Corporation Shorebank Corporation Jerry Rickett, President and Chief Executive Anne Arvia, President and Chief Executive Officer Officer P.O. Box 1738 7054 S. Jeffery Blvd. 362 Old Whitley Road Chicago, IL 60649 London, KY 40743-1738 800-669-7725 ph: 606-864-5175 http://www.sbk.com fx: 606-864-5194 http://www.khic.org ShoreBank is considered the first Community Development Bank in the country. When the KHIC is one of the oldest rural South Shore Bank in Chicago was refused a venture capital funds in the country, serving petition to relocate from its South Side location nine counties in southeastern Kentucky. by federal regulators, it was sold to a group Founded in 1968 as one of the original Title of unlikely bankers with an uncommon idea: VII community development corporations, to revitalize the blighted community with a it undertook a mix of social programming, mix of conventional banking and community industrial recruitment, community development development services. In 1972, ShoreBank, and economic development. KHIC began the holding company for the bank, created working on venture capital activities in 1972 three affiliates to complement the bank: a and has since invested more than $90 million real estate development company, a non- in 175 business ventures. KHIC is notable for profit organization and a venture capital fund. several reasons. Chief among these is the ShoreBank’s model of success has been degree to which it supports entrepreneurs.
    [Show full text]
  • The Ultimate Guide to SAT Grammar Workbook
    The Ultimate Guide to SAT ® Grammar Workbook Fourth Edition Erica L. Meltzer New York Copyright © 2015-2017 The Critical Reader Cover © 2017 Tugboat Design All rights reserved. No part of this work may be reproduced in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without written permission from the author. For information regarding bulk purchases, reprints, and foreign rights, please send correspondence to [email protected]. Test directions reprinted by permission of the College Board. The SAT® is a trademark registered by the College Board, which was not involved in the production of this material and does not endorse this product. ISBN-13: 978-0-9975178-9-7 ISBN-10: 0997517891 ALSO BY ERICA MELTZER . The Ultimate Guide to SAT® Grammar SAT® Vocabulary: A New Approach (with Larry Krieger) The Critical Reader: The Complete Guide to SAT® Reading The Critical Reader: AP® English Language and Composition Edition The Complete Guide to ACT® English The Complete Guide to ACT® Reading The Complete GMAT® Sentence Correction Guide GRE® Vocabulary in Practice 3 4 Table of Contents Test 1 7 Test 1: Explanations 23 Test 2 29 Test 2: Explanations 45 Test 3 51 Test 3: Explanations 68 Test 4 73 Test 4: Explanations 90 Test 5 95 Test 5: Explanations 110 Test 6 117 Test 6: Explanations 134 5 6 Test 1 Answer Sheet 1. 23. 2. 24. 3. 25. 4. 26. 5. 27. 6. 28. 7. 29. 8. 30. 9. 31. 10. 32. 11. 33. 12. 34. 13. 35. 14.
    [Show full text]
  • Reflections on a Sociological Career That Integrates Social Science With
    SO37-Frontmatter ARI 11 June 2011 11:38 by Harvard University on 07/21/11. For personal use only. Annu. Rev. Sociol. 2011.37:1-18. Downloaded from www.annualreviews.org SO37CH01-Wilson ARI 1 June 2011 14:22 Reflections on a Sociological Career that Integrates Social Science with Social Policy William Julius Wilson Kennedy School and Department of Sociology, Harvard University, Cambridge, Massachusetts 02138; email: [email protected] Annu. Rev. Sociol. 2011. 37:1–18 Keywords First published online as a Review in Advance on race and ethnic relations, urban poverty, social class, affirmative March 1, 2011 action, public policy, public agenda research The Annual Review of Sociology is online at soc.annualreviews.org Abstract by Harvard University on 07/21/11. For personal use only. This article’s doi: This autobiographical essay reflects on my sociological career, high- 10.1146/annurev.soc.012809.102510 lighting the integration of sociology with social policy. I discuss the Copyright c 2011 by Annual Reviews. personal, social, and intellectual experiences, ranging from childhood Annu. Rev. Sociol. 2011.37:1-18. Downloaded from www.annualreviews.org All rights reserved to adult life, that influenced my pursuit of studies in race and ethnic re- 0360-0572/11/0811-0001$20.00 lations and urban poverty. I then focus on how the academic and public reaction to these studies increased my concerns about the relationship between social science and public policy, as well as my attempts to make my work more accessible to a general audience. In the process, I discuss how the academic awards and honors I received based on these studies enhanced my involvement in the national policy arena.
    [Show full text]
  • From Grameen Bank Micro-Credit to Social Business to Social Economy-Detail Proposal: a Case Study: Compare and Contrast Bangladesh and Canada Kazi Abdur Rouf
    ISSN: 2278-3369 International Journal of Advances in Management and Economics Available online at www.managementjournal.info REVIEW ARTICLE From Grameen Bank Micro-credit to Social Business to Social Economy-detail Proposal: A Case Study: Compare and Contrast Bangladesh and Canada Kazi Abdur Rouf Social Economy Centre Leadership, Higher Adult Education Department, University of Toronto, Canada. *Corresponding Author: E-mail: [email protected] Abstract In Canada, many research papers, articles and books have been written about social economy that give students, academicians, researchers and policy planners ideas about different types of social business organizations- cooperatives, nonprofit agencies, community economic development organizations, social enterprises etc. For example, Understanding the social economy: A Canadian perspective written by Quarter, J., Mook L., Armstrong A. (Eds.), (2009) and Quarter & et al (2010) is an example of a research paper that has documented different concepts of social economy and different types of social economic organizations and their diverse funding models, legal structures, functional frameworks and operational strategies, and challenges they face in the Canadian context [1- 3]. In Bangladesh, different social economic organizations and models, funding models and frameworks exist, but there is no one place where this information can be found. Such a research study could help Bangladeshi social entrepreneurs, social economists, and private sector and public sector leaders to get different ideas.
    [Show full text]
  • Starting a Community Development Bank in New Haven
    Starting a by Peggy Delinois Hamilton • Yale Law School 10 Spring 2006 Community Development Bank A New Haven Story starting a community Fund, which led to today’s 750-plus com- and grow the business. In addition, every development bank to munity development financial institu- bank must meet the safety and soundness meet the needs of low- tions (CDFIs), 50 of them banks and requirements of one to four regulatory In 3 and moderate-income residents, First thrifts. authorities before they open. The rules City Fund Corporation is charting new Communities start community regulate not only the nature of the busi- territory in New Haven. The corporation development banks hoping to address ness and the qualifications for managers, is one of a select few nationwide showing local needs for capital, credit, savings, but also how much capital must be raised that it is possible for nonprofits to estab- investment, and transaction services. The and maintained. lish strong banks. banks are an attractive alternative to check cashers in low- and moderate- First Things First Banking on Communities income communities (who may deduct 2 From my experience, raising the cap- Since the 1994 Riegle Community percent) and payday lenders (who may ital to establish a de novo community Development and Regulatory charge as much as 400 percent).4 To the development bank is the most difficult Improvement Act (commonly called the extent that they provide for savings and step. In 1993, I was retained to help start Community Development Banking Act), City First Bank of D.C., a bank designed community development banking has to serve low- and moderate-income become a cottage industry.1 State or fed- It is possible for neighborhoods in the District of erally chartered and insured by the nonprofits to Columbia.
    [Show full text]