Senior Economics Correspondent Oscar Perry Abello talks with Angela Dowell, chief financial officer at Chicago Community Loan Fund, about what it takes for lenders to get more creative and take on projects by new or emerging developers or community-ownership models that can be perceived as riskier.
Watch Senior Economics Correspondent Oscar Perry Abello in conversation with Devin Culbertson, VP of Innovative Finance at Grounded Solutions — the latest in Next City’s Bottom Line Conversations webinar series. Community land trusts, or other forms of community-owned and controlled real estate, continue to make incremental progress across the country. The model has also moved beyond housing or agriculture in acquiring larger, more complicated commercial and cultural projects. As we discussed back in March with Saki Bailey of the San Francisco Community Land Trust, it’s now possible for a CLT to reach a point where it can compete to acquire a larger building — amid one of the hottest real estate markets in the country — using only private financing. Now, we’ll dive further into that conversation with Devin Culbertson. As vice president of innovative finance at Grounded Solutions, Culbertson works with CLTs and other organizations across the cou
Watch Senior Economics Correspondent Oscar Perry Abello in conversation with Devin Culbertson, VP of Innovative Finance at Grounded Solutions — the latest in Next City’s Bottom Line Conversations webinar series. Community land trusts, or other forms of community-owned and controlled real estate, continue to make incremental progress across the country. The model has also moved beyond housing or agriculture in acquiring larger, more complicated commercial and cultural projects. As we discussed back in March with Saki Bailey of the San Francisco Community Land Trust, it’s now possible for a CLT to reach a point where it can compete to acquire a larger building — amid one of the hottest real estate markets in the country — using only private financing. Now, we’ll dive further into that conversation with Devin Culbertson. As vice president of innovative finance at Grounded Solutions, Culbertson works with CLTs and other organizations across the cou
This Wednesday, June 15, at 1 p.m. Eastern, join Next City’s Senior Economics Correspondent Oscar Perry Abello for the latest in his Bottom Line Conversations webinar series. In this edition, he will talk with Michelle Holder, the outgoing president and CEO of the Washington Center for Equitable Growth. The economy is on everyone's minds right now. When will inflation subside? Will strong labor markets continue to boost wages for Black workers and reduce the unemployment gap with white workers? How significant is it — not just symbolic — that for the first time ever there are multiple Black members of the Federal Reserve Board of Governors? Join us for a Bottom Line conversation touching on these questions and more with Afro Latina Economist Michelle Holder, outgoing president and CEO of the Washington Center for Equitable Growth. Holder has spent her career studying racial and gender discrimin
Join Senior Economics Correspondent Oscar Perry Abello for the latest in his Bottom Line Conversations webinar series that goes beyond the issues of equitable economic development to talk to the people who do the work.