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reference Mayor Pete Buttigieg's executive order signed last year supporting the City of South <br /> Bend's Diversity and Inclusion Initiative. She believes it to be an important document because it <br /> looks at real ways to address the issues that are constantly talked about. She read an excerpt from <br /> enable each and the document, We believe that we must every individual to reach their full <br /> potential. In order to do that, we must erode the barriers that exist...We must work intentionally <br /> to incorporate into the whole those persons, or groups, who have historically been <br /> underrepresented and underserved by the government...The Office and Director of Community <br /> Investment will invest in people to create opportunities for everyone to thrive." <br /> Committee Chair Williams-Preston then showed a video titled `The Cleveland Model,' found <br /> here: https://www.youtube.com/watch?v--s_kLye-6VBc <br /> The video calls upon what are defined as `anchor institutions' —i.e. local non-profits such as <br /> hospitals, universities, municipal governments—and challenges them to invest in people starting <br /> cooperative organizations within their local community. <br /> Kelly Hoggard, 735 Huey St.,talked about the 1,000 homes in 1,000 days initiative and the <br /> effect of that initiative in his immediate neighborhood. There are people, young people,who <br /> want to work on solutions to unemployment and homelessness. He referenced the Cleveland <br /> Model and how it has expanded to Rochester,NY, highlighting the fact that Rochester has a <br /> progressive mayor who has allocated funding toward vacant properties. He then stressed the <br /> importance of finding people with gravitas and grass-root experience to champion the idea of a <br /> Community Land Trust in specific areas. <br /> Pastor Hardie Blake, 144 N. Summit, shared his idea termed `Blakenomics.' Current programs <br /> like Project Impact work with ex-offenders, unemployed persons, and homeless persons in effort <br /> to transform their lives, primarily looking for jobs for these individuals. Blakenomics focuses on <br /> creating wealth for the whole community, as opposed to just a few people, from the bottom up, <br /> making the poorest of people the actual owners of businesses. A possible way of accomplishing <br /> this would be to offer stock shares or savings incentives for these individuals by attending <br /> classes that teach economics and personal finance knowledge. <br /> Jessica Bonnano, Cleveland, OH, introduced herself as the presenter of the evening representing <br /> the Democracy Collaborative, a think-tank organization that publishes and promotes different <br /> community economic development strategies that emphasize equity and inclusion. Primarily, <br /> they rely on broad-based ownership as a best practice strategy, while also recognizing how <br /> different communities have different outcomes. She shared her experience in Notre Dame <br /> graduate school and her excitement to be back in the city. She stated her hope of sharing some <br /> national best practices to spark conversation and thought toward implementing something similar <br /> in South Bend. The presentation title is Community Wealth Building (CWB), a term used by the <br /> Democracy Collaborative to describe an approach to economic development that emphasizes <br /> broad-based ownership,place-based development strategies and seeks to produce more inclusive <br /> outcomes. Two (2)principles that are fundamental to CWB: The first principle recognizes the <br /> relationship between system structure and system behavior—the structure will determine the <br /> behavior. Because behavior produces outcomes, system structure indirectly affects the outcome. <br /> The key lever in system structure is ownership,the second principle to CWB. Ownership matters <br /> because the people that own assets are the ones directly affected when decisions or investments <br /> 2 <br />