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RESEARCH REPORTINNOVATIVE COMMUNITY INVESTMENT STRATEGIES: THE CURRENT STATE OF PRACTICE AND A VISION FOR GREATER IMPLEMENTATION IN SOUTHERN CALIFORNIAMARCH 2020Table of ContentsAcknowledgements.....................................................................................................................................1 Executive
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Identify the specific community where you want to invest.
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Innovative community investment strategies refer to unique and creative approaches designed to allocate financial resources towards projects that benefit community development and address social challenges.
Organizations or entities that engage in community investment projects, particularly those seeking external funding or grants, are typically required to file innovative community investment strategies.
To fill out innovative community investment strategies, organizations should provide detailed descriptions of their projects, financial projections, intended impacts, and how funds will be utilized for community benefit.
The purpose of innovative community investment strategies is to create sustainable solutions for community needs, enhance social equity, and foster economic development through targeted investments.
Information required in innovative community investment strategies typically includes project goals, budget estimates, timelines, expected outcomes, and metrics for evaluating success.
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