Posted: June 30, 2021

This assembly examined community capital ecosystems for regional revitalization, with an emphasis on the impact of partnerships between philanthropy, mission-based lenders, and local leaders on quality of life, job and population growth, and attracting external capital to a region. Watch the recording from the RCAA event.

View the event recording and presentation slides.

Speakers presented on revitalization models implemented in Kansas, Michigan, and other regions, giving attendees the opportunity to consider the implementation of these models in Pennsylvania. Leaders and staff from foundations, community development financial institutions (CDFIs), local and regional governments, economic development entities, and anchor institutions participated in this learning and networking opportunity.

Speakers included: 

  • Aubrey Abbott Patterson, President and CEO, Hutchinson Community Foundation 
  • Elissa Sangalli, President, Northern Initiatives
  • Michael Swack, Research Professor and Director, Center for Impact Finance, University of New Hampshire

This virtual meeting is a continuation of the Rural Community Action Assemblies begun in 2020. A video recording and slides from the last assembly on rural health-care workforce pipelines are now available. This series focuses on actionable research and programmatic models to promote a strong and equitable recovery from the impacts of the pandemic on rural communities. This series is cohosted by the Philadelphia Fed's Community Development and Regional Outreach Department, Penn State's Center for Economic and Community Development, and the Center for Rural Pennsylvania.