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Published, Version of Record (VoR)Open Access (License Unspecified), Open Access
Published, Version of Record (VoR)Open Access (License Unspecified), Open
Report
An Investment Playbook for El Paso, Texas: Using Federal Funds to Build a More Competitive & Inclusive El Paso
17 Nov 2021
DOI:
https://doi.org/10.17918/00010545
Abstract
For the past few months, the Nowak Lab has worked to launch ACCELERATE El Paso, an initiative intended to spur an inclusive recovery by building a structured ecosystem of coaching and capital for Latino businesses. Developed in collaboration with the Aspen Institute Latinos & Society Program (AILAS), Christopher Gergen of Forward Impact, and economic development leaders in El Paso, we created an investment playbook for a major health corridor which (1) identifies opportunities for equitable economic growth, (2) strategically prioritizes shovel-ready and shovel-worthy investments, and (3) blends philanthropic and private capital with federal funding to fully launch large-scale projects.
Investment playbooks are a new and effective tool to organize assets, build stakeholder consensus and align investment. Earlier this fall, we spotlighted the development of an investment playbook in Buffalo as one of the most ambitious community transformations we have seen in the United States. The co-investing strategy brought together multiple sources of capital to implement a transformative vision for the East Side neighborhood. Overall investment playbooks present opportunities for investors and local leaders to connect with each in a mission to reinvigorate promising neighborhoods through inclusive economic development.
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Details
- Title
- An Investment Playbook for El Paso, Texas: Using Federal Funds to Build a More Competitive & Inclusive El Paso
- Creators
- Aspen Institute Latinos & Society Program (Institution)Christopher Gergen - Forward Impact (United States, Durham)
- Publisher
- Nowak Metro Finance Lab, Drexel University; Philadelphia, PA
- Number of pages
- 62
- Resource Type
- Report
- Language
- English
- Academic Unit
- Nowak Metro Finance Lab
- Other Identifier
- 991021902028704721