At its core, the problem for most economically challenged cities is the lack of jobs. In many cases, these cities have been forgotten by a new economic reality shaped by globalization and technological change. Economic challenges long associated with the so-called “Rust Belt” actually exist in pockets throughout the nation. For many of these cities, their next economic act remains unwritten.
The Network partners with economically challenged cities to reimagine their economic futures so that their residents have the opportunity to prosper. It combines traditional attraction, retention and redevelopment approaches with localized, asset-driven strategies to revitalize neighborhoods, invest in small businesses and grow employment. Network consortium teams work closely to ensure that economic development recommendations are implementable and actionable.
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