Giving Compass' Take:
- Hanna Love and Mike Powe provide an in-depth assessment of how downtown main streets in rural America's economic revival depend on fixing social divides.
- How can you support sustainable rural economic development? What partnerships can help you advance this agenda?
- Here's how to respond to poverty, sanitation issues, and climate change in rural American towns.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
The COVID-19 pandemic has exacerbated the economic precarity of rural America. Many rural and small towns were still struggling to recover from the last recession, and are now fighting for economic survival amid this one. As these communities grapple with unprecedented job losses, small business closures, and crumbling infrastructure, their recovery requires coordinated relief first and foremost.
Alongside that imperative lies another critical ingredient of rural resilience: the need to scale homegrown rural economic development strategies that were showing promise prior to the pandemic. As we demonstrate in this five-part series, rural downtown revitalization has the potential to be one such strategy. In recent years, some rural communities experienced economic revival by strengthening community assets and locally owned small businesses in downtown commercial corridors. To be successful, however, these efforts must not only invest in small businesses and built environment improvements, but also foster vibrant, reflective, and cohesive social environments where existing residents want to stay and new residents want to live.
As COVID-19 threatens rural America’s economic future and upends social life as we know it, this imperative has taken on added significance. Many rural communities were already grappling with depopulation prior to the pandemic and rely on demographic diversity and immigration to spur revitalization.
Read the full article about economic revival for rural main streets by Hanna Love and Mike Powe at Brookings.