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They co-authored a book in 1993, Building Communities from the Inside Out: A Path Toward Finding and Mobilizing A Community’s Assets, [3] which outlined their asset-based approach to community development. [4] The Community Development Program at Northwestern University’s Institute for Policy Research established the Asset-Based Community ...
Gentrification is marked by changing demographics and, thus changing social order and norms. In some cases, when affluent households move into a working-class community of residents (often primarily Black or Latino communities), the new residents' different perceptions of acceptable neighborhood behavior and cultural activity of pre-existing residents may be in conflict with the established ...
In 2005, the company worked with Arizona State University (ASU) on the Vista del Sol community, to pioneer the American Campus Equity program, an ownership model for on-campus student housing. With ACE, ACC brings equity to a project and serves as the university's financial, development and operating partner. [7]
In 1991, Michael Sherraden published Assets and the Poor: A New American Welfare Policy, which proposed using asset-building policy as a community development strategy. Shanti Khinduka, the dean of the Brown School, was impressed by Sherraden's ideas and invited him to direct a new research institution, the Center for Social Development.
An individual development account (IDA) is an asset building tool designed to enable low-income families to save towards a targeted amount usually used for building assets in the form of home ownership, post-secondary education and small business ownership. [1]
Asset-based welfare is concerned about the assets held by individuals rather than their basic income. Will Paxton argues that asset-based welfare concentrates on the stock of capital that one holds and not just the basic income. Stock of capital is the actual measure of well being. Asset-based policies can be directly compared to income policies.
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The Permanent University Fund was established by the 1876 Constitution of the State of Texas. [2] Initially, its assets included one-tenth of University of Texas at Austin lands bordering the railroads (UT Austin was granted 1 million acres (4,000 km 2) in West Texas as compensation) as well as 1 million acres (4,000 km 2) additional. [3]