In a chapter from Investing in What Works for Americas Communities, It discusses the changing characteristics of U.S. poverty, and how they influence partnership of interests suppuration efforts for populations closely in need.
The product of a joint project in the midst of the Low Income Investment Fund and the Federal Reserve verify of San Francisco, Investing in What Works for Americas Communities offers a collective account of new visions, strategies, and organizational examples surrounding community development for disadvantaged populations in the post-recession economyâ€"highlighting the grandness of people and place.
Much of the growth in unemployment during the Great ceding back was thus concentrated among less-skilled, lower income, disproportionately minority individuals. It whitethorn take some time before the U.S. economy peck generate job and wage growth sufficient to affiliate very low-income families to work, and eventually pull them out of poverty.
Community development gained currency over 40 years ago as a response to a particular set of challenges, touch a particular set of people and places.
From the Ford asylums Gray Areas programs in the early to mid-1960s, to President Johnsons Model Cities program, to grassroots community empowerment programs that grew out of the courteous rights movement, community development focused the bulk of its early attendance on inner-city, African American neighborhoods, particularly in the stimulate of urban riots in the late 1960s. While these new programs and community development corporations experimented with diverse tactics, the movements early leaders gravitated toward affordable housing and local economic development as key levers to attract private capital to help ameliorate low-income neighborhoods, provide better opportunities for their residents, and reduce poverty.
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