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Fill Out Your Census Forms!

April is almost here. It is a month for pouring rain, playing pranks, painting eggs, and paying taxes. But since this is a year ending in zero that means it’s also time for one more thing, filling out your Census.

It costs no money and takes a trifling amount of time, but it helps to determine how well represented your community is in government, how over $400 billion in federal funding gets divided, and how big of a market your community represents to businesses and organizations looking to expand.

Social Compact has assisted cities with programs to correct and challenge undercounts of their populations by conventional metrics. Last year alone Social Compact assisted twelve…

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Social Compact Launches Exciting New Online Tool in Washington DC

Social Compact announced today the launch of its Washington, DC-based ‘CityDNA,’ a new easy-to-use web-based system that will serve as a one-stop-shop for visualizing and analyzing local market data. CityDNA aims to help local governments, investors and community groups understand and respond to the unique market characteristics of their communities.

View the full press release.

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NPR’s Morning Edition: Recession Adds To Hurdles Facing U.S. Census

The 2010 U.S. Census is fast approaching and, according to this story from NPR’s Morning Edition, the recession will make it even harder for the government to make an accurate count. The decennial count directly impacts the yearly allocation of more than $200 billion in federal funding to states, cities, and municipalities. Unfortunately, many people affected by foreclosures or job loss are in transitory living arrangements and are harder than ever to track down. Furthermore, Labor Department data show that traditionally harder-to-count minority groups, such as Latinos and African Americans,…

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Expanding traditional financial services for the unbanked

Social Compact advocates for the expansion of traditional financial services in order to appropriately serve the needs of unbanked and underbanked populations in the United States. The high (and in many cases, exorbitant) fees applied to basic financial transactions such as check cashing, money transfers, etc. can often create significant barriers to wealth creation in low- and moderate-income communities.
Here are some startling facts:

• According to the Center for Financial Services Innovation, an estimated 40 million underbanked U.S. households spend at least $13 billion each year on more than 340 million non-bank transactions.

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Report Finds Detroit is Ready for New Investment

Social Compact and Detroit Economic Growth Corporation’s 2009 DrillDown Report for Detroit will serve as a foundation for comprehensive economic development strategic planning for the City of Detroit through 2012.

(DETROIT, MI, February 23) - In the face of the national recession, many of Detroit’s neighborhoods are continuing to show strong market strength for retail and other economic investment. The Social Compact 2009 DrillDown Report shows that while Detroit experienced an overall population loss, many neighborhoods remained stable or had grown slightly since the 2000 U.S. Census report. In anticipating a Census 2010 undercount, this information has allowed Detroit…

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Social Compact Launches Exciting New Online Tool in Washington DC

WASHINGTON, Mar 11, 2010 (BUSINESS WIRE)—Social Compact announced today the launch of its Washington, DC-based ‘CityDNA,’ a new easy-to-use web-based system that will serve as a one-stop-shop for visualizing and analyzing local market data. CityDNA aims to help local governments, investors and community groups understand and respond to the unique market characteristics of their communities.

CityDNA is made possible through support from the Citi Foundation and marks a giant leap forward in the technical capacity available to stakeholders working toward sustainable community development in the District. “The Citi Foundation’s support of Social Compact’s…

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Public-private partnerships created 1,200 jobs, 30 businesses in Columbia Heights, according to SC

More than 1,200 jobs and 30 new business have been created in Columbia Heights since 2002, the result of a public-private partnership that has helped transform a struggling inner-city community into a thriving neighborhood. And an additional 30,000 square feet of retail development is in the pipeline. These figures were reported by Social Compact, a coalition of business leaders from across the country who are promoting successful business investment in lower-income communities for the benefit of current residents.

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Social Compact urges cities to review census estimate

(July 9, 2008, WASHINGTON, DC) - With hundreds of billions of dollars at stake, Social Compact President and nationally recognized expert John Talmage is urging city leaders to closely examine the annual population estimates being released by the U.S. Census Bureau on Thursday in order to ensure that their residents are being counted accurately.

According to the U.S. Census Bureau, the decennial count directly impacts the yearly allocation of more than $200 billion in federal funding to states, cities, and municipalities. “A majority of private investment decisions are based on these numbers,” Talmage noted. “For this reason, it is critical that cities take a close…

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