Reimagining Community Investing for the 21st Century

Many of our current federal and local policies for driving private capital into underserved communities are obsolete and do not meet the needs of a nation that has radically changed demographically and culturally over the past several decades. With the Reimaging Community Investing project, we are focused on a future for sustainable community investing that draws from the lessons of the past, but which results in systems change driven by policies that do not simply tinker around the edges.

The Beeck Center has solicited, examined, and designed policy solutions on a federal and local level to deliver positive social outcomes in communities that have been historically overlooked and underestimated by traditional investors. Potential policy recommendations include the creation and capitalization of a new form of tax-exempt community institutions, deconstruction of the U.S. Department of Housing and Urban Development, and the consolidation of programs focused on community development under a new agency.

The initial stages of this work were generously supported by Incite, whose mission is to build movements by transforming big ideas into big deals.

Project Reports & Resources

Unemployment Insurance IT Modernization Grant Projects: Insights Report

This report outlines the evolving experiences and key insights from nine of the 19 states implementing projects supported by $204 million from the U.S. Department of Labor’s (USDOL) Unemployment Insurance (UI) Information Technology (IT) Modernization Grants. The findings reflect the grantees’ learnings since receiving project approval and launching their five-year modernization efforts, providing a snapshot of both the successes and ongoing challenges faced during implementation.

Dec. 12, 2024