Moving from Poverty to Prosperity: An Integrated Approach to Community Development
In a commentary for Spotlight on Poverty and Opportunity, a leading non-partisan forum on poverty, Nancy O. Andrews, president and CEO of the Low Income Investment Fund, and David Erickson, director of the Center for Community Development Investment of the Federal Reserve Bank of San Francisco, highlight a series of strategies that aim to alleviate poverty and enhance economic opportunity.
Ms. Andrews and Mr. Erickson cite examples such as Purpose Built Communities in Atlanta and Neighborhood Center, Inc. in Houston that are using multidimensional community development strategies to address the needs of poor families. These models address the elements necessary for healthy communities—homes, schools, health services, mobility—through a coordinated effort, rather than focusing on a single component of community change. Using this approach, Purpose Built Communities helped boost employment, strengthen student achievement, and reduce violent crime in the East Lake neighborhood of Atlanta. In the piece, Ms. Andrews and Mr. Erickson note, “We believe an analysis of these projects illustrates a powerful principle: the most effective way to help low-income families is to attack poverty on multiple fronts, while at the same time making the most out of our existing resources and targeting them in ways that we know work.”
Read the full article at Spotlight on Poverty and Opportunity
Read Nancy’s idea: Inflection Point: New Vision, New Strategy, New Organization
Read David’s idea: Routinizing the Extraordinary