Needed: Community Investment Boards for an Effective American Rescue Plan
With the American Rescue Plan allocating hundreds of billions of dollars across the country, it is essential for state and local governments to set up community investment boards (CIBs) that strengthen public-private partnerships and advance equity for frontline communities. It is by now well known that including impacted communities in decision-making tends to produce the most optimal results, as human-centered and community-centered design helps avoid costly mistakes in the implementation of policy solutions. Instead of building temporary structures that get discarded after every use, we have the opportunity to build more enduring civic infrastructure that can serve multiple uses and stand the test of time.
Source: Independent Sector
Written by Maggie Gunther Osborn, president & CEO of Maryland Philanthropy Network, and Karthick Ramakrishnan, professor of public policy at the University of California, Riverside, founding director for the Center for Social Innovation, and founder of Census Legacies.