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Some local communities are discovering that affordable housing and community development programs can flourish even with reduced federal backing.
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The forced sale of homes for private development usually results in a zero-sum gain and may actually hinder development in the area, economists have found.
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The current scale of mortgage delinquencies and foreclosures - particularly in the subprime market - has sparked a renewed debate over the Community Reinvestment Act (CRA) and the regulations governing home mortgage lending. On one side, detractors argue that the CRA helped to precipitate the...
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Formal collaborations between community groups and academic institutions to promote economic development have increased substantially over the past 10 years. The bulk of research on community-campus partnerships has focused on the experiences of institutions of higher learning and the...
Persistent link: https://www.econbiz.de/10005515079
Growing local companies is essential to the economic prosperity for many rural regions and residents. Rural economies, however, rarely attract traditional venture capital. Given the important role that patient capital plays in entrepreneurial development, the future economic vitality of rural...
Persistent link: https://www.econbiz.de/10005515104
Innovation, supported by a developed and active entrepreneurial system, long has been recognized as critical to regional economic competitiveness. Innovation also plays an essential role for rural economic development as these regions respond to the challenges of competing in the global economy....
Persistent link: https://www.econbiz.de/10005515110
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District convention centers reported surprisingly steady activity during the recession, but a building boom and stiff competition could eventually take a toll.
Persistent link: https://www.econbiz.de/10005519183