More than 100 community leaders, policy advocates and decision-makers gathered at the Federal Reserve Bank of Chicago on Monday, Nov. 7, 2011, to hear about successes, identify challenges, and discuss next steps for interjurisdictional collaboration, a burgeoning model to support high-impact housing and economic development, being nurtured in Chicagoland's living laboratory.
The occasion was marked by the release of the latest edition of ProfitWise News and Views, which featured the cover story Suburban Housing Collaboratives: a Case for Interjurisdictional Collaboration. The report profiles four clusters of communities in metropolitan Chicago that are flipping the script on this challenging economic reality by forging public-private partnerships across municipal and political borders. By committing to joint strategies, and applying for and securing funding for redevelopment opportunities through public, private and philanthropic commitments, these communities are increasing their capacity to address housing and economic development challenges — and getting more bang for their buck.
MPC, Metropolitan Mayors Caucus, and Chicago Metropolitan Agency for Planning co-authored a foreword to the Fed's paper, which provides important context and flags the needed policy, regulatory and finance reforms to make interjurisdictional collaboration easier, more effective, and more replicable.
Read a recap of the Nov. 7 convening.
Learn more about Interjurisdictional Collaboration in metropolitan Chicago.
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