Racial Justice
December 14, 2016
Municipal bonds are largely overlooked as a high impact investment strategy. Yet there can be no doubt of the interplay between the way US cities are financed and the social justice outcomes that get driven. As a $3.7 trillion market, it is hardly one that ought to be overlooked, in particular in light of the precarious state of municipal finance for many cities.
Activest is a new project looking at marshalling progressive capital to incentivize and fund policy reforms at the municipal level. Founders, Ryan Bowers and Micah Gilmer, spoke about the group's insight into how cities' social policies and practices are predictive of financial risk and social outcomes.
