In December 2020, ArtPlace America partnered with Common Future to release a new report in the economic development research sector titled “Building Community Wealth: The Role of Arts and Culture in Equitable Economic Development.”
The paper serves as a field scan of Creative Placemaking that summarizes key trends in economic development and outlines several key tenets of community wealth building: democratic decision-making, collective ownership, reparations and justice, prioritizing workers’ wellbeing, non-extractive investing and sustaining valuable resources. The paper then describes six ways that arts and culture advance community wealth building:
Case studies of several organizations leading creative community wealth building are also included in the field scan.
Learn more here.
Download the report here.