April 2016

2016

The Color of Wealth in Los Angeles

Melany De La Cruz-Viesca et al.

This new report from the Federal Reserve Bank of San Francisco seeks to better understand the factors that influence and create disparities in wealth accumulation, particularly intergenerational resource transfers, historical context, and local asset markets. Researchers draw on data from the National Asset Scorecard for Communities of Color (NASCC) survey, the first of its kind, to assess wealth disparities among different racial and ethnic groups in Los Angeles and inform multifaceted policy solutions tailored to distinct community needs.

Community Schools: Transforming Struggling Schools into Thriving Schools

Evie Frankl

With passage of the Every Student Succeeds Act, which replaces No Child Left Behind, communities have the opportunity to direct the change they wish to see in their education systems. This new report from the Coalition for Community Schools, the Center for Popular Democracy, and the Southern Education Foundation profiles of 10 community schools across the country and outlines how this model can increase school attendance, decrease suspensions and expulsions, improve academic outcomes, and promote community health and well-being. The paper also outlines key strategies and mechanisms for implementation and includes resources to help codify community schools in policy.

Slicing the Budget Pie for Big Business: How Three States Allocate Economic Development Dollars, Large Companies versus Small

Kasia Tarczynska, Thomas Cafcas and Greg LeRoy

The third in Good Jobs First’s recent series exploring whether state economic development programs are fair to small, local businesses continues to find bias in favor of large companies. The report analyzes state economic development spending in Florida, Missouri, and New Mexico and finds that on average 68 percent of spending goes towards large companies, more than triple the amount received by small businesses—despite the fact that small businesses are the primary driver of job growth. The report recommends that states develop more transparent subsidy award reporting and track how economic development dollars benefit small businesses specifically. The authors also recommend that states develop safeguards to ensure that incentives going to large companies result in public benefits commensurate with the subsidy.

U.S. Kitchen Incubators: An Industry Update

Adam Wodka

This most recent state-of-the-industry survey describes common characteristics of kitchen incubators, which stand at the nexus of the artisanal food movement, the sharing economy, and small business development. The authors find that the growth of the industry, which has increased by more than 50 percent over the past three years, is not a fad, but rather is representative of sustained and increasing interest in food as a tool for job creation and economic development. The report highlights common services offered by incubators to ensure business viability, such as such as small-business counseling, workforce development, and connecting businesses to affordable capital.

The Color of Wealth in Los Angeles

Melany De La Cruz-Viesca et al.

This new report from the Federal Reserve Bank of San Francisco seeks to better understand the factors that influence and create disparities in wealth accumulation, particularly intergenerational resource transfers, historical context, and local asset markets. Researchers draw on data from the National Asset Scorecard for Communities of Color (NASCC) survey, the first of its kind, to assess wealth disparities among different racial and ethnic groups in Los Angeles and inform multifaceted policy solutions tailored to distinct community needs.

Community Schools: Transforming Struggling Schools into Thriving Schools

Evie Frankl

With passage of the Every Student Succeeds Act, which replaces No Child Left Behind, communities have the opportunity to direct the change they wish to see in their education systems. This new report from the Coalition for Community Schools, the Center for Popular Democracy, and the Southern Education Foundation profiles of 10 community schools across the country and outlines how this model can increase school attendance, decrease suspensions and expulsions, improve academic outcomes, and promote community health and well-being. The paper also outlines key strategies and mechanisms for implementation and includes resources to help codify community schools in policy.

Slicing the Budget Pie for Big Business: How Three States Allocate Economic Development Dollars, Large Companies versus Small

Kasia Tarczynska, Thomas Cafcas and Greg LeRoy

The third in Good Jobs First’s recent series exploring whether state economic development programs are fair to small, local businesses continues to find bias in favor of large companies. The report analyzes state economic development spending in Florida, Missouri, and New Mexico and finds that on average 68 percent of spending goes towards large companies, more than triple the amount received by small businesses—despite the fact that small businesses are the primary driver of job growth. The report recommends that states develop more transparent subsidy award reporting and track how economic development dollars benefit small businesses specifically. The authors also recommend that states develop safeguards to ensure that incentives going to large companies result in public benefits commensurate with the subsidy.

U.S. Kitchen Incubators: An Industry Update

Adam Wodka

This most recent state-of-the-industry survey describes common characteristics of kitchen incubators, which stand at the nexus of the artisanal food movement, the sharing economy, and small business development. The authors find that the growth of the industry, which has increased by more than 50 percent over the past three years, is not a fad, but rather is representative of sustained and increasing interest in food as a tool for job creation and economic development. The report highlights common services offered by incubators to ensure business viability, such as such as small-business counseling, workforce development, and connecting businesses to affordable capital.