From the Ground Up report

New report highlights public banks as a key strategy behind community-driven development

A new report published by Partners for Dignity & Rights titled From the Ground Up: Community Centered Policies to Scale Equitable Development calls for a shift from the current model of speculative capital development toward community-driven development. Their roadmap to achieve this goal centers on three main strategies, one of which is public banks.

“A public bank that serves the community, not shareholders, can catalyze an expanded lending ecosystem. … Regardless of the approach, a public bank offers the possibility of a new lending paradigm and could provide service to those currently excluded because of race and risk. It also could support a new economy based on human need, not profit.”

The organization is hosting a webinar related to the report this Tuesday, July 19, 2022, 7:00pm ET / 4:00pm PT.

[Read the report]
[Read related article in Nonprofit Quarterly]
[Read illustrated zine]
[Register for webinar]

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