Supporting Innovative Community Wealth Building Solutions

Community wealth building transcends a single community development approach.

Community wealth building is a model that seeks to unlock the untapped economic power of public and private institutions towards wealth building for entire underinvested communities. For example, anchor strategies seek to harness the purchasing, hiring, and real estate development power of institutions that are not likely to change location, like hospitals and universities.

In our sur­vey of local community development organizations, we found that they view the shortage of community wealth building solutions as the largest gap in the local community development landscape and one of the top ways in which LISC can advance racial equity.

Over the next three years, LISC will identify, support, and/or launch an organization that can incubate community wealth building solutions.