REINVEST PHILLY SUMMIT

Opening doors to economic opportunity across the tri-state region

Tuesday, October 9 Philadelphia, PA

Get A Fresh Perspective

The Reinvest Philly Summit will bring together community leaders, financial institutions, health care leaders, advocacy groups and public officials to discover ways to reinvest in healthy communities across the region.

We will discuss strategies to combat redlining, displacement and the harmful effects of gentrification using tools like the Community Reinvestment Act, small business development and by partnering with healthcare institutions as anchors of community development. The summit will be co-convened with local community partners.

Philly Summit tri-state

Who Should Attend

• Advocacy and organizing groups working on economic justice issues
• Community leaders and faith-based institutions
• Affordable housing and housing counseling organizations
• Fair housing and civil rights organizations
• Healthcare Providers
• Community Development Financial Institutions
• Financial Institutions
• Neighborhood stabilization and community revitalization groups
• Academics and foundations
• Social service providers and government agencies
• Local small businesses and business development agencies

9:00 AM - 4:30 PM 

Philadelphia, PA

Wyndham Philadelphia Historic District
400 Arch St, Philadelphia, PA 19106

Join NCRC today to be eligible for the $25 NCRC Member price! Click here to learn more.

SCHEDULE​

8:15 AM - 8:50 AM

Light Breakfast & Registration

9:00 AM - 10:30 AM

LOCATION:

TBD

Moderator:

TBD

SPEAKERS:

TBD

Description:

The Trump administration recently announced their intent to review and revise the Community Reinvestment Act. Small or technical changes to the law could strip up to $105 billion dollars a year from America’s working class and minority communities– including Philadelphia neighborhoods. This session discusses how you can make your voice heard in the biggest fight in decades for fairness in America’s housing and finance.

LOCATION:

TBD

Speakers:

TBD

Description:

Banks treat African Americans and Latinxs seeking small business loans differently from the moment they walk in the front door, according to a new investigation by NCRC. This differential treatment drives disparities in wealth between people of color and white people. We will explore the data and strategic solutions to remedy this discrimination for African American and Latinx leaders in the Philadelphia region.

LOCATION:

TBD

Moderator:

TBD

Speakers:

TBD

Description:

With many areas in the Philadelphia region on the cusp of rapid gentrification, property owners and landlords are increasingly making decisions that often detrimentally impact the ability of tenants to remain in their longtime homes. Mass evictions of entire buildings and complexes of affordable apartments have become dangerously commonplace in Philadelphia. We will discuss the organizing and legal resources available and identify strategies necessary to prevent mass displacement.

LOCATION:

TBD

Speakers:

TBD

Description:

Zip codes are now a better determinant of health than genetic code. In response, hospitals and health systems recognize they can leverage their assets to improve local community health and well-being. As anchor institutions in their communities, hospitals and health systems are also driving community development. This workshop will discuss how nonprofit hospitals’ mandatory Community Health Needs Assessment (CHNAs) can become a critical tool for accessing new capital and support for healthy community initiatives promoted by community development corporations and other nonprofits. This workshop will include examples of how anchor institutions and community coalitions are spurring inclusive neighborhood revitalization, deepening community relations and strengthening local economies and health care through a range of strategies that focus on implementation and sustainability. 

10:45 AM - 12:15 PM

LOCATION:

TBD

Speakers:

TBD

Description:

Despite a series of positive revitalization initiatives, some of Philadelphia’s neighborhood commercial corridors have fallen behind and are further declining. This discussion focus on breaking down the silos between entrepreneurs and the officials organizing business corridor opportunities and will explore strategies to overcome one of the greatest obstacles to revitalization: the cost of bringing a storefront up to code.

LOCATION:

TBD

Speakers:

TBD

Description:

Redlining continues unabated in Philadelphia. Several major banks have entirely withdrawn from mortgage lending in Philadelphia. Meanwhile, qualified minority and moderate-income buyers are working with mortgage counseling agencies to buy homes in these neighborhoods. This workshop will discuss a proposal to create a structured relationship between the banks and agencies to solve the problem.

LOCATION:

TBD

Speakers:

TBD

Description:

Central Pennsylvania and the Lehigh Valley could modernize Pennsylvania’s economy and redefine the state’s politics. Allentown, Bethlehem, Reading, Lancaster, York and Harrisburg are all becoming strong local economies. These cities are also home to Pennsylvania’s fastest growing minority populations. If economic initiatives only focus on the suburbs and gentrifying downtowns then African Americans and Latinos will be marginalized as these local economies fall behind. We will discuss a possible model of development to embrace equity and inclusion.

LOCATION:

TBD

Speakers:

TBD

Description:

Banks and hospital systems are recognizing their responsibilities to alleviate systemic inequities. We will analyze the successful use of tools that support healthy community and community development initiatives, as well as the uses of social impact bonds. We will also explore the roles of innovative healthy community initiatives, affordable housing financing tools, and local community development corporations. Then, we will discuss how to combine these financial resources to address recidivism, provide affordable housing, increase workforce training, expand small business opportunities and build playgrounds.

12:30 PM - 2:00 PM

LUNCH

2:00 PM - 3:30 PM

LOCATION:

TBD

Speakers:

TBD

Description:

The disability movement created important access to work and housing for many who had previously been excluded. But in Philadelphia– the major US city with the highest concentration of persons with different abilities– financial institutions haven’t focused on persons with different abilities. We will discuss a new framework between banks and the organizations serving people with different emotional, physical and mental abilities in the greater Philadelphia area. This new lens includes philanthropy, community development investing, support for rental housing and collaborations tackling discrimination and displacement.

LOCATION:

TBD

Speakers:

TBD

Description:

The gender wealth gap is narrowing, but disparity persists. The Community Reinvestment Act doesn’t require banks to address lending discrimination based on race or gender– so women of color often face double jeopardy. Banks have begun to focus on career and leadership opportunities for women, but are rarely looking closely or confronting the gender gap in lending and wealth building options. We will discuss bank’s responsibility to lend fairly and improve economic security for all women in the Greater Philadelphia region.

LOCATION:

TBD

Speakers:

TBD

Description:

Philadelphia hasn’t experienced the same speculation and development as New York, Chicago, D.C., Los Angeles and other major US cities. But now, out of state investors and speculative land purchases are shifting the demographics in many major regions of the city. This new development is building wealth, but for whom? Will residents of Philly neighborhoods see the benefits or will they be forced out? Will this process rob the city of racial and economic diversity? We will discuss gentrification, displacement and a strategy to maintain citywide equity and diversity in Philadelphia.

LOCATION:

TBD

Speakers:

TBD

Description:

Small businesses want to do business with nonprofit hospitals, banks, local government and public schools, but few know how to go about doing so. What are the strategies for engaging with local anchor institutions? What business models effectively establish relationships? What can small businesses learn about meeting the needs of large clients? What happens when a good model fails to catch on with larger institutions in a community? This discussion is designed for small businesses, community development corporations and anchor institutions interested in increasing supplier diversity.

3:30 PM - 4:30 PM

SPECIAL SESSION:

Pennsylvania Attorney General Josh Shapiro

Co-convenors