Federal Reserve Bank of San Francisco

Community Development

Coming Out as a Human Capitalist: Community Development at the Nexus of People and Place


December 2009

Community Development Investment Review

Recent research is making the case that the communities we live in can help or harm us at every level–physically, socially, emotionally. These effects can stay with us for the rest of our lives. There is a revolution in knowledge afoot that demonstrates convincingly that investing in people, especially in children, is every bit as important as investing in markets and buildings. It is important for the community development field to take this on board and, it is potentially transformative for our strategies and programs.

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