This Resources section is most suitable for Foundations, Partners, Funders, and Replicating Organizations who want to learn about how the Community Investment Trust model works and they can bring it to their communities across the country.
The CIT works with local partners on the ground to organize their communities and bring investors to the table.
The CIT will be built in each community by a trusted, lead organization with deep relationships with their residents. The model is informed by the intersection of marketing, economics, and psychology, tapping people’s behavioral action to improve their financial lives and their neighborhoods. It leverages and enhances long-standing economic development opportunities for financial inclusion, equitable development, and inclusive growth in communities across the country.
The CIT team envisions the replication of our model under criteria ensuring that participating organizations possess the competence and capacity to implement a CIT successfully. To ensure success, we developed the CIT Tool Kit, which we will license. We are committed to assisting organizations who have variations from our pilot project with guidance on range of project types with case studies, strategies and solutions on four primary areas of project feasibility and design: 1) Property viability 2) Capitalization and financing steps and options; 3) Legal structures; 4) Operations, and 5) Community engagement.
- Financial Action
- A Vision for Replication - “Tool Kit” Overview
- Financial Equity - The Missing Piece in Place-based Economic Development 031920
- CIT Feasibility Study Workflow Overview
- The Future of Wealth, by the Aspen Institute and the Fed Reserve Bank of St Louis
- Case Study - Creating the first Community Investment Trust
- O2O Financial Action Lessons (Toolkit)
- CIT FAQ
- Brookings article
- Episode 16: From Owing to Owning. New economic models could help renters… | by City of the Future | Sidewalk Talk | Nov, 2021 | Medium
- Community Wealth Builders Matrix 2020
- Wealth Building Initiatives
- Wealth Building Initiatives Analysis
- Thriving Together
- Building an American Ownership Society - Stanford Social Innovation Review
- Grassroots Community Engaged Investment – Executive Summary - Transform Finance
- Commercial Community Ownership as a Strategy for Just Development. LISC. 2022
- Brookings Institute Report