New Proposal: Community-Investment Funds
Posted by on March 01, 2010
Community-Investment Fund Proposal.
Tax-free institutions like non-profit colleges and universities are receiving increased attention as potential new sources of revenue for their beleaguered host cities and communities as the recession continues to pummel the nation’s economy. A group of educators from New England proposes that in lieu of paying taxes, educational institutions could create a community-investment fund to support local initiatives.
http://chronicle.com/article/In-Lieu-of-Payments-Community/64125/?sid=at&utm_source=at&utm_medium=en
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