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Slide 2 Shifting to Equity as a Preferred Driver of Economic Development Low Income & Economically Marginalized : Ithaca City Ithaca City 300+ Families Tompkins County Tompkins County 1300+ families Hard to employ 1000+ ages 18-34 Public Education Low-Wage jobs Workforce Development and Training Ownership Living- Wage Jobs Access to Capital/Credit The Structure We Have Now Participation Poverty Engine (Pump) Criminal Justice Engine (Pump) Entrepreneurship Slide 3 Access to Capital/Credit Participation Shifting to Equity as a Preferred Driver of Economic Development Poverty Engine (Pump) Criminal Justice Engine (Pump) Public Education Low-Wage jobs Workforce Development and Training Ownership Living Wage Jobs Entrepreneurship Low Income & Economically Marginalized : Ithaca City Ithaca City 300+ Families Tompkins County Tompkins County 1300+ families Hard to employ 1000+ ages 18-34 Slide 4 Access to Capital/Credit Participation Shifting to Equity as a Preferred Driver of Economic Development Poverty Engine (Pump) Criminal Justice Engine (Pump) Public Education Low-Wage jobs Ownership Living Wage Jobs Entrepreneurship The Structure We Must Create Low Income & Economically Marginalized : Ithaca City Ithaca City 300+ Families Tompkins County Tompkins County 1300+ families Hard to employ 1000+ ages 18-34 Slide 5 Participation Shifting to Equity as a Preferred Driver of Economic Development Poverty Engine (Pump) Criminal Justice Engine (Pump) Public Education Low-Wage Jobs Ownership Living Wage Jobs Access to capital/credit Entrepreneurship The Structure We Must Create Low Income & Economically Marginalized : Ithaca City Ithaca City 300+ Families Tompkins County Tompkins County 1300+ families Hard to employ 1000+ ages 18-34 Slide 6 Participation Shifting to Equity as a Preferred Driver of Economic Development Poverty Engine (Pump) Criminal Justice Engine (Pump) Public Education Low-Wage jobs Workforce Development and Training Ownership Living Wage Jobs Access to Capital/Credit The Structure We Must Create Entrepreneurship Low Income & Economically Marginalized : Ithaca City Ithaca City 300+ Families Tompkins County Tompkins County 1300+ families Hard to employ 1000+ ages 18-34 Slide 7 Shifting to Equity as a Preferred Driver of Economic Development Poverty Engine (Pump) Criminal Justice Engine (Pump) Public Education Low wage jobs Workforce Development and Training Ownership Living Wage Jobs Access to capital/credit The Structure We Must Create Participation Entrepreneurship Low Income & Economically Marginalized : Ithaca City Ithaca City 300+ Families Tompkins County Tompkins County 1300+ families Hard to employ 1000+ ages 18-34 Slide 8 Access to Capital/Credit Participation Shifting to Equity as a Preferred Driver of Economic Development Poverty Engine (Pump) Criminal Justice Engine (Pump) Public Education Low-Wage jobs Workforce Development and Training Ownership Living wage Jobs Entrepreneurship The Structure We Must Create Low Income & Economically Marginalized : Ithaca City Ithaca City 300+ Families Tompkins County Tompkins County 1300+ families Hard to employ 1000+ ages 18-34 Slide 9 Whats In the Way There is no one entity whose job it is to create a new structure, and a lot of entities whose job it is to maintain what we have. Lack of imagination. We have not decided as a community to create a new structure. Old habits of mind and behavior. Our current relationships across race, class and place. Slide 10 Why Im Optimistic The scale is manageable. The community is poised to make a significant capital investment in several sectors. Some school districts are intentional about solving their part of the problem (though they will need significant community collaboration). Much of the community has started the conversation about eliminating structural poverty and racism. We have the resources to succeed.