Video: How do you help people understand what diversity, equity and inclusion is?

In the first entry of this three-part series on leaders in community development and philanthropy, we focused on why and how this crucial field needs to reframe the role of capital technicians and the market, rebalance power relationships, and prioritize community voice. Today we continue that discussion.

Shifting the Balance of Power

It’s one thing to identify new core principles; it’s another to put them into practice. No single institution can rebuild a community. The work requires collaboration among actors with a broad range of skills and perspectives. CDFIs must work hand in hand with community development corporations and other neighborhood groups, placing an emphasis on equality in the power dynamics among partners. Human-service organizations need to participate as well. Philanthropy and the public and private sectors also play a critical role.