Lincoln Institute

Center for Community Investment Joins Rockefeller Philanthropy Advisors

Retrieved on: 
Thursday, January 11, 2024

Over the last seven years, with the Lincoln Institute’s invaluable support, CCI has grown its staff from two to 16, run 22 programs, and created an emerging network of community changemakers.

Key Points: 
  • Over the last seven years, with the Lincoln Institute’s invaluable support, CCI has grown its staff from two to 16, run 22 programs, and created an emerging network of community changemakers.
  • Those practitioners are using CCI’s Capital Absorption Framework to  transform their community investment systems in order to mobilize investment capital at scale to:
    create opportunities for affordable housing, jobs, climate resilience, and other drivers of well-being.
  • We will always be grateful to the Lincoln Institute for helping us to launch and grow.
  • At this point in our development, RPA has the infrastructure and flexibility to support the new directions of our work.

Center for Community Investment Announces Launch of Innovative Climate Justice Program

Retrieved on: 
Monday, November 6, 2023

The unprecedented influx of federal funds for cost-saving and pollution-reducing climate projects has the potential to be a game changer for communities working to advance climate resilience and justice.

Key Points: 
  • The unprecedented influx of federal funds for cost-saving and pollution-reducing climate projects has the potential to be a game changer for communities working to advance climate resilience and justice.
  • The Climate Resilience Fast Track is targeted to multisector teams looking to prepare their communities for a resilient, equitable future.
  • “Communities will be best served by a holistic approach to climate resilience that centers equity, which makes climate justice central to racial and economic justice,” said Ashlee Cunningham, Initiative Director at the Center for Community Investment.
  • For more information about the Capital Absorption Framework, the Climate Resilience Fast Track, or the Center for Community Investment, contact Initiative Director Ashlee Cunningham at [email protected] or Executive Director and Cofounder Robin Hacke at [email protected] .

Report Shows How State Aid and Local Property Taxes Can Together Fund Quality Education for All Students

Retrieved on: 
Tuesday, November 15, 2022

The report explains the advantages of the property tax compared to other local taxes and demonstrates how states can adopt policies to address criticism of the property tax.

Key Points: 
  • The report explains the advantages of the property tax compared to other local taxes and demonstrates how states can adopt policies to address criticism of the property tax.
  • A well- designed system of state aid can offset differences in per-pupil property values and in the costs of providing quality education.
  • State-funded property tax credits can reduce economic hardships for taxpayers facing high property tax burdens, especially those with low incomes.
  • Notably, states must resist calls to stop using local property taxes to fund schools while also improving the equity and efficiency of their property tax systems.

Land Trust Alliance Honors Lillian "Ebonie" Alexander of North Carolina's Black Family Land Trust, Massachusetts' Mount Grace Land Conservation Trust with National Awards

Retrieved on: 
Saturday, September 17, 2022

NEW ORLEANS, Sept. 17, 2022 /PRNewswire-PRWeb/ -- The Land Trust Alliance, a national land conservation organization working to save the places people need and love by strengthening land conservation across America, has presented Ebonie Alexander the distinguished Kingsbury Browne Conservation Leadership Award and honored Mount Grace Land Conservation Trust in Massachusetts with our 2022 National Land Trust Excellence Award.

Key Points: 
  • The Land Trust Alliance is proud to honor Ebonie Alexander of the Black Family Land Trust with the distinguished Kingsbury Browne Conservation Leadership Award and Mount Grace Land Conservation Trust in Massachusetts with our 2022 National Land Trust Excellence Award.
  • NEW ORLEANS, Sept. 17, 2022 /PRNewswire-PRWeb/ -- The Land Trust Alliance, a national land conservation organization working to save the places people need and love by strengthening land conservation across America, has presented Ebonie Alexander the distinguished Kingsbury Browne Conservation Leadership Award and honored Mount Grace Land Conservation Trust in Massachusetts with our 2022 National Land Trust Excellence Award.
  • Ms. Alexander is the executive director of the Black Family Land Trust in Raleigh, North Carolina.
  • About the Land Trust Alliance:
    Founded in 1982, the Land Trust Alliance is a national land conservation organization that works to save the places people need and love by strengthening land conservation across America.

Report Shows How Land Value Capture Can Pay for Infrastructure, Affordable Housing, and Public Services

Retrieved on: 
Thursday, September 15, 2022

Land value capture enables communities to recover and reinvest the land value increase that results from actions such as building new train stations or changing regulations to enable more dense development.

Key Points: 
  • Land value capture enables communities to recover and reinvest the land value increase that results from actions such as building new train stations or changing regulations to enable more dense development.
  • In Land Value Capture in the United States: Funding Infrastructure and Local Government Services , author Gerald Korngold explains how the major land value capture tools work, and recommends a path forward for leaders who want to implement them.
  • "Land value capture has in various forms been used and legally upheld in the United States for some 150 years," he writes.
  • "Without land value capture, this increased land value remains exclusively in private hands despite the public actions that created it," Korngold writes.

Report: With Rising Home Values, Property Tax Breaks Shift Burden to New Home Buyers

Retrieved on: 
Wednesday, July 13, 2022

CAMBRIDGE, Minn., July 13, 2022 /PRNewswire/ -- In San Diego, the owner of a newly purchased, median-priced home paid more than $9,000 in property taxes last year, about $3,400 more than somebody who has owned an identical home for 14 years, the average duration of home ownership in the city, according to a new study from the Lincoln Institute of Land Policy and the Minnesota Center for Fiscal Excellence.

Key Points: 
  • Produced annually, the 50-State Property Tax Comparison Study provides the nation's most comprehensive analysis of local property tax rates by calculating the effective tax ratethe tax paid as a percentage of market valuefor 74 large U.S. cities and a rural municipality in each state.
  • One of the main drivers of variation in tax rates is the extent to which each city relies on the property tax.
  • A second major driver of variation in tax rates is the difference in property values in different markets.
  • Cities with high property values can collect the same revenue with a lower rate than cities with low property values.

Center for Community Investment’s Leadership Development Program Announces 16 Fellows Focused on Resilient, Equitable Communities

Retrieved on: 
Tuesday, June 7, 2022

These 16 dynamic changemakers will participate in a 15-month action-learning program that aims to help leaders create meaningful systems change through collaboration across silos and sectors.

Key Points: 
  • These 16 dynamic changemakers will participate in a 15-month action-learning program that aims to help leaders create meaningful systems change through collaboration across silos and sectors.
  • They will also join a network of leaders committed to advancing racial equity and supporting disinvested communities to achieve their environmental, social, and economic priorities.
  • This years Fellows span the country from Vermont to California and Florida to Minnesota, using their work in housing, creative placemaking, philanthropy, and economic and community development to spark more resilient, equitable communities.
  • These exceptional Fulcrum Fellows will build their skills in adaptive leadership and community investment and grow their understanding of racial equity, and CCIs capital absorption framework, said CCI Executive Director Robin Hacke.

The Chicago Community Trust Launches Initiative to Create Wealth through Homeownership in Black, Latinx Communities

Retrieved on: 
Wednesday, April 13, 2022

Chicago, April 13, 2022 (GLOBE NEWSWIRE) -- The Chicago Community Trust has convened a network of community leaders to implement scalable solutions to advance equitable homeownership and real estate development in Black and Latinx communities.

Key Points: 
  • Chicago, April 13, 2022 (GLOBE NEWSWIRE) -- The Chicago Community Trust has convened a network of community leaders to implement scalable solutions to advance equitable homeownership and real estate development in Black and Latinx communities.
  • The network of partners includes the Garfield Park Community Council, The Puerto Rican Agenda of Chicago, Neighborhood Housing Services of Chicago, KMW Communities, and the City of Chicago.
  • 3C aims to identify new models for building individual and community wealth by expanding homeownership opportunities for Black and Latinx communities in the Chicago region.
  • At JPMorgan Chase, were committed to helping address barriers to homeownership and are pleased to support The Chicago Community Trust to create more opportunities for affordable homeownership in the Chicago region.

New Report: Taxing Land More Than Buildings Would Help Detroit Homeowners and Spur Development

Retrieved on: 
Monday, April 4, 2022

Like many economically distressed cities, the city copes with this challenge by offering generous tax abatements for new development and for some homeowners.

Key Points: 
  • Like many economically distressed cities, the city copes with this challenge by offering generous tax abatements for new development and for some homeowners.
  • While high taxes remain on most homes and businesses, inclusive and lasting incentives for reinvestment are absent.
  • The new study, Split-Rate Property Taxation in Detroit: Findings and Recommendations ,finds that taxing land at five times the rate for buildings would result in lower tax bills for 96 percent of homeowners, with an average savings of about 18 percent.
  • In addition, a split-rate tax increases the cost of holding vacant land and reduces the cost of developing it, or of renovating deteriorated buildings.

New Book Megaregions and America's Future Provides a Framework for Large-Scale Public Investment

Retrieved on: 
Thursday, March 17, 2022

The Northeast and a dozen other U.S. megaregions will shape the country's future over the next century.

Key Points: 
  • The Northeast and a dozen other U.S. megaregions will shape the country's future over the next century.
  • As a new bookmakes clear, they face complex challenges that require planning, policy, and governance that cross traditional political boundaries.
  • Written by planning scholars Robert D. Yaro, Ming Zhang, and Frederick R. Steiner, Megaregions and America's Future explains the concept of megaregions, provides updated economic, demographic, and environmental data, draws lessons from Europe and Asia, and shows how megaregions are an essential framework for governing the world's largest economy.
  • "This ambitious book makes the case for recognizing American megaregions as a driver of policy, planning, and investment.