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Giving Compass' Take:
• The Othering & Belonging Institute looks at a report on a university's efforts to successfully create an inclusive community development structure.
• Why is research so important in forming inclusive community development strategies? What can you do to learn more about methods to effectively address the needs of all members of a community?
• Read about another vastly different strategy for inclusive community development.
This report, authored by Eli Moore, Sarah Brundage, and Joe Recchie, recommends that a public-private partnership model with a Community Development Entity (CDE) be considered. A CDE is a duly organized entity treated as a domestic corporation or partnership that has a primary mission of serving a low-income community. If a CDE was established and secured a development contract with UCB, the model would guarantee a share of project profits are reinvested in the Richmond community. The report includes two case studies of similar public-private partnerships used for development projects.
“The Berkeley Global Campus presents a historic investment opportunity, and the finance model will determine to what extent the benefits of the investment respond to the actual needs of the Richmond community,” said Moore. “The CDE finance model could provide funding that approaches the scale of existing economic needs in Richmond, which may otherwise be unachievable.”
"We wrote this report to examine and lift up a new finance model that creates a win-win situation in terms of financing the campus development and securing investments for Richmond’s low-income community,” said Brundage. “We are excited to engage with the Richmond community and university officials to see what’s possible.”
This report is part of a larger body of research exploring ways in which the development process for the Berkeley Global Campus at Richmond Bay can be structured so that the development is aligned with community well-being and leveraged to reinvest substantial resources to the Richmond community.
Read the full report about inclusive community development at the Othering & Belonging Institute.
The Haas Institute is working with community and University partners to develop anchor institution strategies to transform the structural processes of marginalization that have shaped exclusion in Richmond and the San Francisco Bay Area. Haas Institute staff and faculty provide technical analysis, research, and training to community-based organizations and residents in marginalized communities.