Leveraging Anchor Institutions for Local Job Creation and Wealth Building
Type
Policy Brief or Report
Year
2012
Level
City or Town, County
State(s)
All States
Policy Areas
Children & Families, Civil Rights, Democracy & Governance, Economic Justice, Education
Anchor institution-facilitated community wealth building can drive job growth and economic development. This report provides case studies for effectively leveraging anchor institutions to improve local economies and address climate change and improve communications and transportation systems. Further, it recommends payments in lieu of taxes (PILOTs) to incentivize anchor institutions to do business locally.