Convening, Recruiting, and Connecting People Who Repair Local Economies
Trinity Christian College in Chicago is making real progress in creating a system of funding higher education that does not leave students burdened with tens of thousands of dollars of debt that, unlike business or personal debt, cannot be eliminated by filing bankruptcy. College President Aaron Kuecker used a cup of coffee to transform the […]
The influential Aspen Institute has decided that the goal of their Future of Wealth initiative is to see Black family wealth grow ten-fold over the next twenty-five years. This would bridge a significant chunk out of the racial wealth gap; the average white family has 10x the assets of the average Black family. Aspen’s grounding […]
Kevin Jones We’ve raised a year of operating capital to launch The Watershed Fund, https://emsdcmarketplace.org/donations/watershed-fund/ which offers zero interest loans to local farmers serving our farm-to-table sector in Asheville. The connections and reciprocity within our food systems are already proving to be one of the surprising benefits. With the Watershed Fund, https://neighborhoodeconomics.org/wiki/index.php/Initial_design_of_the_Watershed_Fund what we are […]
Kevin Jones The Neighborhood Economics model of bringing a national focus to local issues was in high focus in Jackson, Mississippi at our April conference. I want to tell you about one of the most exciting things that came out of our conference. Because of white flight and the city’s problems, developers had stopped building […]
If you want to make a difference in the world, it just got easier and simpler to do. With the launch of the Economic Justice marketplace in North Carolina, people can give to bridge the racial wealth gap. Everybody can do this; white people can begin to repair economic injustices. For a donation of as […]
CategoriesUncategorizedNeighborhood Economics will convene the people who are investing in communities in a way that bridges the racial wealth gap in Jackson, Mississippi in early May. We bring capital to the people and places that don’t normally get it. Neighborhood Economics has shown it is able to bring together three funding streams that don’t typically […]
CategoriesCatalytic Capital Racial Wealth GapDerek Peebles has a clear vision of what he wants to accomplish leading Cincinnati’s Common Good Collective. “We want to create Black wealth in our community,” said the 30-something African American who also leads Amiba, a national association of independent businesses. Nationally, the average white family has $140,000 and the average Black family has $14,000 […]
CategoriesFaith + Finance Faith on Main StreetIn Dave Kresta’s book, Jesus on Main Street, he outlines a path for Christian congregations to engage in community economic development. Unlike traditional economic development, which can result in marginalized communities being displaced and forced to move to make way for highways or housing projects for affluent homeowners or retail, community economic development includes the […]
CategoriesAccess to Capital Faith + Finance“Why are you meeting?” That’s the first question Landis Graden asks of a dwindling congregation looking at options for their future when he engages with them. “What’s the purpose of your meeting, what’s at the center of your congregation, what’s your anchor?” Graden asks those congregations. “If I hear we’ve been worshiping together for 40 […]
CategoriesAccess to CapitalOne of the things that became clear in the Design Labs at Neighborhood Economics in Indianapolis is that every practitioner had a slightly different approach to creating a solution and that each had a lot to learn from the other. “We saw people at the conference doing, for example, neighborhood investment trusts differently in Indianapolis, […]