The latest news on community wealth building initiatives!
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Dear Colleague,


Welcome to our April www.Community-Wealth.org newsletter, featuring our new banner and logo.
  • Last month in Jacksonville, Florida, The Democracy Collaborative, the Office of Mayor Alvin Brown, and ICARE (Interfaith Coalition for Action, Reconciliation and Empowerment) organized a day-long Community Wealth Building Roundtable, attended by roughly 100 local leaders from city government, businesses, anchor institutions, philanthropy, the public sector, faith-based organizations, and community groups. Leaders discussed community wealth building and economic inclusion strategies to integrate Northwest Jacksonville’s low-income neighborhoods into the city’s overall development.
  • Interest in leveraging the economic power of anchor institutions to build wealth locally is growing across the country. The City of Chicago and six area anchor institutions have joined the University of Chicago to launch the Chicago Anchors for a Strong Economy (CASE) initiative, which will link local businesses to anchor procurement and provide technical assistance to 100 local firms. Additionally, I had the pleasure of presenting at the Strong Cities, Strong Communities Bootcamp hosted by the German Marshall Fund of the United States on opportunities to incorporate anchor strategies into New Orleans’ Prosperity NOLA plan. Mayor Landrieu attended the event, as did executives from five of the city’s major anchor institutions.
  • Democracy Collaborative Research Associate David Zuckerman participated in an American Hospital Association-sponsored webinar through its Hospitals in Pursuit of Excellence platform. The presentation featured practitioners from Bon Secours Health System, University Hospitals in Cleveland, and Catholic Health East/Trinity Health discussing opportunities for hospitals to promote health through economic development and community investment. David also participated in a panel along with Democracy Collaborative Research Director, Steve Dubb, at the National Community Reinvestment Coalition’s annual conference to discuss strategies for partnering with healthcare institutions to build community wealth. 
  • Shared ownership models, particularly worker cooperatives, received widespread attention last month. A New York Times article highlights the successes of worker-owned businesses, including Cleveland’s Evergreen Cooperatives. The Cleveland model is also featured in On the Commons’ new eBook, Sharing Revolution. CISA (Community Involved in Sustaining Agriculture) published a new case study on Real Pickles, an organic food business that raised half a million dollars through a community investment campaign to transition to worker ownership. And we released our new community land trust infographic, displayed in the sidebar of this newsletter.
As always, we continue to add new links, articles, reports, and other materials to the site. Look for this symbol *NEW* to find the most recent additions.

Ted Howard
Executive Director, The Democracy Collaborative

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In this Newsletter:



New from the Democracy Collaborative



Recommended Reads




Featured Websites


 

On our Blog:




New Student Initiative Asks Anchor Institutions to Rethink Communities



Exchanging Ideas for a Just Economy



Democracy Collaborative Summer Internship Announcement
































 

New from The Democracy Collaborative

Chapter on Economic Democracy Profiles Community Wealth Building Strategies


Democracy Collaborative Research Director Steve Dubb along with Executive Director Ted Howard and Research Associate Sarah McKinley have contributed the chapter “Economic Democracy” to a new anthology, Achieving Sustainability: Visions, Principles, and Practices. This chapter outlines the history of the economic democracy movement, highlighting community wealth building strategies such as community development finance institutions and cooperatives. Find Out More»
 

Website Outlines Community Sustaining Political-Economic System


After decades of work advancing civil rights and promoting democratic ownership, Democracy Collaborative co-founder Gar Alperovitz has launched a new website outlining the Pluralist Commonwealth, his vision for a political-economic system that supports community stability, environmental sustainability, and robust civic participation. The website chronicles the evolution of the model since 1973 and details how the model addresses planned markets, regionalism, individual liberty, climate change, and democratic ownership. Find Out More»

Recommended Reads


Democratic Governance Revitalizes Cities
 

In a new report from the Center for American Progress, Joel Rogers and Satya Rhodes-Conway of the Center on Wisconsin Strategy (COWS) outline policies that cities can adopt to become more inclusive and sustainable. The authors espouse democratic organization as a critical component to social equity and wealth creation and highlight the critical linking of anchor procurement strategies and employee ownership, as seen in the Cleveland Model, to strengthen local economies and stabilize communities. Read More»


 

Health Practitioners Promote Place-based Approaches to Healthcare
 

In September 2013, the Institute for a Sustainable Future hosted a Duluth, Minnesota conference for nearly 200 leaders active in healthcare delivery, public health, hospital administration, and community service organizations across the state. This paper builds on key lessons learned at the event and explores how the Affordable Care Act’s requirements for community engagement by hospitals can be directed to improve community health and vitality. It emphasizes how place-based strategies can improve health outcomes, including linking anchor institutions to local procurement, employment, and housing initiatives. A companion report can be found hereRead More»


Banks Respond Sluggishly to California’s Growing Minority Population
 

In a recent study examining minority entrepreneurship opportunities, the Greenlining Institute invited California’s twelve largest banks to share their supplier diversity practices. The authors found that though people of color represent the majority of California’s population, only 7.72 percent of bank contracts go to minority-owned businesses. The Institute offers a series of recommendations to reduce contracting disparities and to foster wealth and job creation in communities of color. Read More» 



Guide Offers Tools to Shift Spending Toward Local Businesses 
 

The American Independent Business Alliance (AMIBA) has developed a new guide to help independent business owners, localist advocates, and local officials promote local business and community wealth building. The guide outlines strategies to build successful “Buy Local” campaigns that encourage consumers to shop at locally owned stores. It includes tips and resources for campaign content development, message framing, targeted marketing, and execution. Read More»

Featured Websites


Shared Value Initiative
 

This website promotes shared value as a management strategy for companies, government, and organizations to create both economic efficiency and social progress. It offers case studies, toolkits, and other resources for businesses across various industries to support local cluster development and to address social and environmental shortfalls in their value chains. Find Out More»


ACCESS
 

Supported by the Building Economic Security Over a Lifetime (BESOL) initiative at the Ford Foundation, ACCESS provides an online community for organizations working to reduce wealth inequality. The website features over 1,800 entries of published research, data, video clips, webinars, and infographics that highlight asset-building best practices, policy ideas, and events. Find Out More»

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