Posted by Willy Franzen on March 13, 2010. Jobs updated daily.
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I grew up in Fairfield, CT, which is next to a city, Bridgeport, that is always aiming for “revitalization.” They’ve talked about a building a casino for years, and they even built a minor league baseball stadium. It’s hard to say whether that has helped or hurt, but it seems that Bridgeport is at least doing a little better than it was a decade ago. I’d imagine that the real reasons for improvement have come from smaller projects that are more in tune with the city’s communities’ needs. These are the kinds of projects that The Reinvestment Fund invests in in cities in the Mid-Atlantic. They are “a 24 year old nonprofit financial lending institution with a strong social mission” and offices in Philadelphia, Baltimore, and Washington, DC. They started out as a small community development organization, and they’ve grown to become something much bigger.
So far the Reinvestment Fund has invested nearly a billion dollars in capital into economic development projects. The results speak for themselves, as TRF has helped create:
- 532 businesses
- 18,590 housing units
- 28,870 charter school slots
- 45,755 jobs
- 8.2 million square feet of commercial space
- 2.7 million MWh of clean energy – enough to power over 290,000 homes for a year!
It may not sound as sexy as a baseball stadium or a casino, but The Reinvestment Fund is all about finding “the point of impact.” That means that they’re looking for the place where they can get the most bang for the buck. They want to maximize the opportunity that they create for both individuals and neighborhoods regardless of what might be popular. If you’d like to help “build wealth and opportunity for low-wealth people” while revitalizing communities, then you need to look no further than The Reinvestment Fund’s Jobs page. Right now they’re looking for a Financial Analyst in addition to post-doctoral students for their Policy Solutions Group Fellowship. They also have some part-time Policy and Information Services positions available, but they seem more along the lines of internships than jobs (but they are paid).
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