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 Northeast Florida offers residents a high quality of life with a wide range of amenities, including access to ocean beaches, inland waterways, and other outdoor recreational opportunities as well as options for rural and urban living. Over the past decade, population has increased significantly across the region as skilled
Challenge During the preparation of the Vision 2020 plan in 2010, leaders in the 11-county Northeast Indiana region highlighted a critical drop in per capita personal income over a 15-year period as several major employers downsized or ceased operations. Concerns about the region’s economic decline were amplified by stagnating population
Challenge The Columbus Partnership (Partnership) is a CEO group comprised of 80 leaders from the region’s largest companies and institutions. The organization is charged with aligning business leadership behind the vision of Columbus, Ohio, becoming the most prosperous metropolitan area in the country in terms of both economic and social
Challenge Nestled in the Texas Hill County, Kerr County offers an attractive quality of life and the City of Kerrville’s downtown amenities, making it a favorite among retirees. However, the county’s relatively low levels of educational attainment, high median age, lack of inventory for industrial or office users, and distance
Challenge Historically, east Austin has not received a proportionate share of revenue or investment. When investment has occurred in this part of the city, the benefits have often excluded current residents or resulted in displacement. As growth pressures continued to affect major east Austin corridors, forward-looking investors sought strategies for
Challenge The use of incentives is often criticized for providing a subsidy to a private entity at the expense of taxpayers. However, a strategic approach to structuring and targeting incentives can be an effective means of achieving specific goals and desired outcomes. As part of the establishment of an office
Challenge Like many rural areas in the nation, Bee County, Texas, faces critical demographic challenges related to population growth and domestic migration. Population growth in the county over the last decade has remained flat, with a net gain of just 800 residents from 2006 to 2016. In addition, the county
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
