Challenge Clovis, New Mexico, is fortunate to have an array of economic advantages that have helped the community weather the Great Recession (2007–2009) and the COVID-19-induced recession. These advantages include a robust agricultural sector, Cannon Air Force Base (Cannon AFB), strong manufacturing employers, and an abundance of cultural assets. While […]
Challenge Northwest Indiana (comprised of Lake, Porter, and La Porte Counties) faces both old and new obstacles on its path to sustainable economic growth. Some, such as the decline of the steel industry, have been impacting the region for years. Others, like the region’s housing and workforce shortages, are nationwide
Challenge Community development financial institutions (CDFIs) play a key role in expanding access to financial products and services in low-income and moderate-income communities. A range of institutions can be designated as CDFIs including banks, credit unions, loan funds, and venture capital funds. An August 2023 analysis by the Federal Reserve
Challenge While issues related to racism and equity have been present for generations, several pivotal events in 2020 shone a bright light on the scale and pervasive nature of racial disparities. In the first quarter of 2020, the COVID-19 pandemic and the associated economic downturn drew attention to the importance
Challenge Located on the Central Coast of California, the City of San Luis Obispo (City) functions as one of the region’s economic centers. It boasts a blend of industries, a strong visitor economy, a vibrant downtown, proximity to outdoor recreation amenities, and the presence of California Polytechnic State University and
Challenge Located in the heart of Texas, Waco has the building blocks required for long-term success. Advantages fueling the city’s growing population and recent economic development wins include relatively inexpensive land (with available sites along the bustling IH-35 corridor), access to multiple higher education institutions (a network encompassing Baylor University
