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Years before city, state and federal tax credits came into the project, small-dollar investors played a major role in building the Dorchester Food Co-op.
Through its new Cultural Space Agency, Seattle hopes to seed a new pattern of cultural and commercial development led by the communities that development usually leaves behind or displaces.
In this Q&A, Lev Menand, author of "The Fed Unbound: Central Banking in a Time of Crisis," says the Federal Reserve is a product of a political process that for too long has been left under the control of Wall Street bankers.
This Wednesday, June 15, at 1 p.m. Eastern, join Next City’s Senior Economics Correspondent Oscar Perry Abello for the latest in his Bottom Line Conversations webinar series. In this edition, he will talk with Michelle Holder, the outgoing president and CEO of the Washington Center for Equitable Growth. The economy is on everyone's minds right now. When will inflation subside? Will strong labor markets continue to boost wages for Black workers and reduce the unemployment gap with white workers? How significant is it — ...
Increasing long-term investment in CDFIs could help reverse the decades-long decline of financial institutions in hard-to-reach urban, rural or low- or moderate-income communities.