News and information on the role that government, small business, the nonprofit sector and philanthropy play in creating healthy and vibrant communities.

Foreclosed Homes In Chicago Benefit Area Families

With the prevalence of home foreclosures On Chicago's Southwest side, a unique purchase-and-rehab program is turning the problem into a possible opportunity for Chicago's families. The program,...more

Commerce Department Invests $1.25 Million For Infrastructure Improvements in Owingsville

The Department of Commerce's Economic Development Administration (EDA) is awarding a $1.25 million grant to Kentucky's city of Owingsville. The funds will support existing businesses and attract...more

RBS Citizens Commits $1 Billion Funding for Affordable Housing

The RBS Citizens Financial Group (RBSCFG) pledges a five-year, $1 billion in funding for affordable housing and community development projects. The funding made through the program are part of the...more

5K Marathon Raises Funds For Kids, Firefighters, Economic Development

The Silvis Home Run 5K marathon, part of the Silvis, Illinois' Family Day, which continued into the night with the 13th Annual Moonlight Festival, has successfully garnered funds to help kids,...more

Housing Barriers to Homeless: Bad Credit, Bad Choices

Bad credit, criminal history and high rents keep people out of rental housing. Tight apartment vacancy rates add another dimension of complexity to the hunt for housing. Criminal history can play...more

Startup Success Stories Built On Research at OSU

Business startups reared on research at Oregon State University (OSU) assemble at the school's Linus Pauling Science Center with success stories to tell the Corvallis Economic Development Commission...more

Rhode Island Foundation Distributes $630,000 Grant for Economic Development

The Rhode Island Foundation releases grant money valued at $630,000 as part of its $1 million promise to subsidize Rhode Island's many projects for economic development. The varied projects will...more

Innovative Campaign Decreases Crime and Signs of Homelessness

Crime and homelessness are sharply down in Escondidos Grape Day Park this winter thanks to an aggressive campaign that includes loud classical music, tree trimming, extra police patrols and policies...more

A Housing Initiative Brings Homes To Long Island Veterans

A new housing development that provides on-site counseling and employment to veterans to help them rebuild their lives is bringing permanent homes to 60 homeless veterans in Amityville, New...more

How Much Capital is Sufficient in Housing Finance?

A GSE Reform debate from the Urban Institute illustrates that collateral composition, house price experience, and diversification significantly affect credit risk, and thus the capital...more