Reinvestment Fund is reimagining neighborhood revitalization by combining expertise, analysis and creative approaches to investing with a social purpose. Our investments marry smart data to informed policies to create thriving, healthy neighborhoods that families are proud to call home.
Reinvestment Fund has been actively targeting arts investments in Central Baltimore, which is also home to the Station North Arts and Culture District. Among our recent projects is the Centre Theater. After nearly a decade of vacancy, the Theater was renovated to house a joint film program by Johns Hopkins University and Maryland Institution College of Art as well as office space.
Read StoryPhiladelphia, September 28th –Reinvestment Fund is joining a group of funders to finance Connecticut’s first Pay for Success program that will help 500 Connecticut families with young children who are in need of services to help ensure family stability and keep young children with their parents. The Connecticut Family Stability Pay for Success Project will combine nonprofit expertise, private funding, and independent evaluation to promote family stability and reduce parental substance use for DCF-involved families. Governor Dannel P. Malloy, U.S. Administration on Children, Youth and Families Commissioner Rafael López, Connecticut Department of Children and Families Commissioner Joette Katz, and Social Finance CEO Tracy Palandjian launched the innovative new program today.
Read MoreIn Baltimore, Reinvestment Fund is developing a strategy to target investment in the arts to low-income communities in Central Baltimore, where it can catalyze and build on other complementary efforts. For one year, our Creative Placemaking Fellow, Rebecca Chan, was charged with the task of developing best practices for financing the arts in distressed neighborhoods in ways that build community among both new and existing residents. The following is the final in a four-part series on her work. Parts 1 and 2 spotlighted the artists and artist-driven activity that is happening in and around Baltimore, as well as the physical spaces and neighborhoods in which this activity thrives. Part 3 looks at ways in which shifts in policies and programs might help move the needle on arts-based development. In this fourth part, we hone in on strategies for investing in the physical spaces–arts and cultural infrastructure–that serve as sites for arts and cultural activity, and ideally build on and complement broader community development efforts in a neighborhood.