ABSTRACT
Public, private, and nonprofit community organizations have worked collaboratively to revitalize distressed neighborhoods and communities through the practice of community economic development (CED). CED has been challenged by economic and social trends that limit the viability of neighborhood and community economies. Public policy has nurtured different sides of CED, such as community capacity building, asset building, and workforce development. Major trends and ideas have emerged in efforts to reinvigorate community and local economic development. Well-designed training opportunities are available through the national intermediaries and dedicated leadership development organizations to increase CED leadership capacity. There are federal and many more local programs that move toward strategic inclusiveness and organizational diversity in focusing on CED challenges. The City of New York’s Center for Economic Opportunity is an intriguing concept to consider at a national level as an administrative and strategic force for innovation.
