Community Investments

Spring 2010

Community Investments Vol 22, Issue 1
Improving the Outcomes of Place-Based Initiatives


For more than five decades, public, private and nonprofit entities have
implemented a range of targeted neighborhood revitalization strategies
designed to tackle the challenges associated with concentrated
poverty. These efforts have included urban renewal programs, loans and
grants motivated by the Community Reinvestment Act, housing redevelopment
through HOPE VI, Empowerment Zones, New Markets Tax Credit
investments, as well as foundation-led comprehensive community initiatives
and local nonprofit ventures. The most ambitious of these initiatives
have aimed to concentrate multiple investments in both infrastructure and
human capital in a single neighborhood.

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