A new monograph takes the deepest, most insightful look yet at the role of CDFIs in policy and the political economy. Jim Greer and Oscar Gonzales–a political scientist and an economist, respectively–take a thorough look at the market conditions that make CDFIs matter and how policy has evolved as a result of them.
Community Economic Development in the United States: The CDFI Industry and America’s Distressed Communities goes deep into economics and politics, giving a well-rounded perspective on the roles that CDFIs play. It is available in Kindle format today, with a hardback planned for later this month.
Greer and Gonzales both work at The CDFI Fund, but this is not a CDFI Fund publication. They researched and wrote the monograph on their own time. Their familiarity with CDFIs comes through, however.
“While we follow a general chronological structure, our intent is to present critical decisions that informed the development of the American community development movement,” they write in the Preface.
I encourage you to check it out. Money+Purpose plans to write in-depth about Community Economic Development in the United States: The CDFI Industry and America’s Distressed Communities in coming days.