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 California’s Central Coast holds many advantages including a broad industry base, dynamic employers, diverse populations, and scenic landscapes. Its growing tech and innovation ecosystem is supported by two leading universities—California Polytechnic State University, San Luis Obispo (Cal Poly) and the University of California, Santa Barbara (UC Santa Barbara)—along with
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 Greater Spokane has grown into the second largest metro area in the state of Washington and a significant economic driver for the Inland Northwest. The region is home to dynamic industries ranging from aerospace and life sciences to advanced manufacturing and agriculture, a full spectrum of higher education institutions,
Challenge With its wealth of economic assets and increasingly positive economic trends, Fort Wayne–Allen County is poised to solidify its position as one of the Midwest’s premier growth centers. However, certain obstacles stand in the way of achieving this goal including a shortage of developable and re-developable sites, talent shortages,
Challenge Home to Columbia, South Carolina’s state capital, Richland County boasts an impressive array of assets, including postsecondary institutions, transportation infrastructure, and the US Army’s Fort Jackson. Richland County also offers unique neighborhoods; historical landmarks and homes; a thriving riverfront; cultural, arts, and entertainment offerings; and outdoor recreation. This attractive
Challenge As the central county of one of the nation’s largest metropolitan areas (Houston, Texas), Harris County provides an extensive array of services to a population the size of which rivals many states. Despite its numerous responsibilities, broad network, and substantial budget, the County lacked a clear role in economic
Challenge The Wired65 region, comprised of 26 counties surrounding the Louisville metropolitan area, presents a unique combination of assets and challenges. Home to Worldport, UPS’s international shipping hub, the area boasts a strong logistics and distribution cluster, as well as a significant automotive presence. In addition, the consolidation of the
Challenge Renowned for its quality of life and creative industries, the Austin metropolitan area consistently lands on national “best of” lists and has become a magnet for both talent and companies. While the resulting economic boom has improved several prosperity measures for Travis County residents—resulting in declining poverty rates, rising
