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Neighborhood Economic Development


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Topic 8

Slide Show:
Neighborhood Economic Development Background
Financing for Neighborhood Economic Development
Powerpoint presentations (in html format)

"At the very center of the community building challenge is the effort to revitalize the community's economic life". National and international economic trends have marginalized many low income neighborhoods but also hold the potential for redeveloping them. Social capital is a central concept for neighborhood economic development. A wide range of local economic development programs and funding sources are available. A goal is diverse neighborhood places that reflect and reinforce people's creative identities and provide access to a wide range of life style amenities.

Readings:

Ch. 4, "The Small Community" in Murphy and Cunningham, Organizing for Community Controlled Development, pp.53-77.
Reading #1

University of Illinois - Chicago, Center for Urban Economic Development, Community Economic Development Strategies, A Manual for Local Action, Chicago, 1987.
Reading #2 (pdf)

“Rebuilding the Community Economy” in John P. Kretzmann and John L. McKnight, Building Communities from the Inside Out (Evanston: Northwestern University, 1993), pp. 275-344.
Reading #7

Chapter 5, Ross Gittell and J. Phillip Thompson, “Making Social Capital Work: Social Capital and Community Economic Development”, in Susan Saegert, J. Phillip Thompson, and Mark R. Warren, Social Capital and Poor Communities (New York: Russell Sage Foundation, 2001.
Reading #10 (pdf)

Ch. 15. "Workforce Development", in Murphy and Cunningham, Organizing for Community Controlled Development, pp.292-310.
Reading #17

Ch. 14. "Business District Renewal" in Murphy and Cunningham, Organizing for Community Controlled Development, pp.277 - 291.
Reading #21

Peggy Clark and Tracy Huston, "Assisting the Smallest Businesses: Assessing Microenterprise Development as a Strategy for Boosting Poor Communities, An Interim Report", The Aspen Institute, Washington, D.C., August, 1993.
Reading #24 (pdf)

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Selected Readings (pdf)
Economic Development and Financing


Subtopics inside:
Economic development overview
Traditional economics perspective
Assets-based economic development
Social capital and economic development
Community Based Organizations and economic development
Labor force development
Main Street and commercial revitalization
Microenterprise and other business loans
Business incubators
Starting a business / entrepreneurship
Community Reinvestment Act and small business lending

 

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Dr. Louis Colombo & Ken Balizer, AICP