Sharing the Wealth: Resident Ownership Mechanisms

Continues to be a resource for advocates and policymakers seeking to connect lower income residents to the economic development in their communities. The report examines a range of strategies and instruments to increase opportunities for residents to become owners in the development process—to be stockholders, not just stakeholders, in local economic activity. The tools and strategies in the report are grouped into six broad categories based on the neighborhood assets upon which these mechanisms would be built. The report also includes a review of the literature on the relationship between asset/wealth development and individual economic development, as well as the relevance of ownership as an asset-building strategy. Click here for executive summary.