This LISC research report provides evidence about the impact of investments, and the work of both community organizations and "anchor institutions."
The report lists urban places and diverse neighborhoods, such as South Minneapolis. In South Minneapolis, strong community partnerships and commitments from hospitals and corporations stabilized and boosted home values, without contributing to accelerating prices and gentrification.
According to LISC, a mobilized, high-capacity community development infrastructure helped support neighborhood revitalization while minimizing displacement.
The report also shows how hospitals and other corporate anchors may be engaged in stabilizing and revitalizing local communities. In recent years, LISC has increasingly focused on partnerships with anchor institutions such as hospitals, universities, corporations, large employers, or cultural centers, including a major new partnership with the health system ProMedica headquartered in Toledo. Read the Entire Article
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The Social Economy Alliance, created by 23 social enterprises, co-operatives and charities, have conducted a poll that shows “clear preference exists for community-owned businesses that reinvest profits, with around half of consumers saying they would switch to one in housing, transport and banking.”
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