Harnessing the Economic Power of Anchor Institutions
Type
Policy Brief or Report
Year
2014
Level
County
State(s)
All States
Policy Areas
Children & Families, Civil Rights, Democracy & Governance, Economic Justice, Education, Environment & Natural Resources, Health
This report examines the economic power of anchor institutions in addressing economic disparities and creating opportunities for low-income residents. Anchor institutions are influential organizations, such as universities and hospitals, deeply embedded in local communities. The report recommends strategies for increasing local hiring, improved job training programs, and capturing anchor institutions' spending locally.