Community Wealth-Building Models: Opportunities to Bolster Local Ownership
Type
Policy Brief or Report
Year
2021
Level
National
State(s)
All States
Policy Areas
Community Development, Economic Justice
Inequities in access to capital and investment opportunities continue to affect Black, Latinx, and Indigenous communities. To address this, community wealth-building models can be implemented to increase asset ownership and allow for community-led investment decisions. These models can drive job creation, improve health, and promote environmental sustainability. Successful outcomes depend on collaboration among residents, community organizations, developers, government, and philanthropy.