Heard on the Street: new manufacturing space, post-housing crisis recovery, and more

Heard on the Street – here’s what we were reading last week:

Hope and Change Collide on the South Side:  The future Obama Presidential Center promises to bring investment and innovation to Chicago’s Southside. But families in local neighborhoods worry that the surge of investment will cause gentrification and dislocation.

Opening of Building 77 Brings Manufacturing, Jobs to Brooklyn Navy Yard:  The Brooklyn Navy Yard announced last week the grand opening of Building 77, a one million square foot manufacturing space that expects to bring in 3,000 new jobs.

The real danger of Artificial Intelligence – it’s not what you think:  Following the Global Symposium: Artificial Intelligence & Inclusion, the author explores how we can create AI solutions that respect societies’ cultural values, and how to use AI to increase inclusion in education.

A tale of three cities: How Detroit, San Francisco, and Houston weathered the housing boom and bust:  Research by the Urban Institute shows how post-housing crisis recovery has been uneven across various racial and ethnic groups and geographies. Though minority borrowers were hit hardest during the crisis, they still face additional barriers to accessing credit.

The Case for Impact Investing by Small and Mid-Size Foundations: Large foundations aren’t the only ones who can explore impact investing. The Woodcock Foundation shares why they believe that PRIs represent a great opportunity for small and mid-sized family foundations to participate in this growing sector.