This report tells an important story of the positive role philanthropy can play in developing new communities and affordable housing. The effort of reshaping post-Katrina New Orleans was part of what Casey calls “responsible redevelopment,” the activities and support services required to make the rebuilding process successful for low-income families and their kids through economic development and community action. The paper distills insights from the Foundation’s experience that may be useful to philanthropies and their partners in other places.
Long-term investments pay off by generating the people and organizational capacities needed to cultivate, lead, participate in and manage social change
Values Lead the Charge
Socially responsive investments reflect a desire to achieve social change as well as financial returns; they are driven not only by fiscal strategies but by values.
A relatively small amount of philanthropic investment can leverage huge amounts of public dollars when used strategically.
Casey and its funding partners invested in local organizations over an extended period, helping them develop the knowledge, skills and infrastructure to continue this work.
Statements & Quotations
The redevelopment of the C.J. Peete site is an example of how investments in both people and places, combined with connections to opportunity, can revitalize a community.
We hope this story about collaborative philanthropic action in New Orleans inspires our colleagues in the foundation field to use their multiple tools and resources in new ways to help build supportive communities.
The keys here are to use housing development or community redevelopment as the focal point for neighborhood-wide revitalization and to invest in the people side of redevelopment as well as the physical structures.
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