Ownership Matters

As one of the five pillars of community wealth building, community ownership emphasizes local control and democratic decision-making over the use of assets to create economic opportunities for communities. 

Ownership determines who benefits most from the wealth generated from an asset.  Too many assets that have the potential to generate significant wealth for communities are ending up in the hands of absentee owners.

While community ownership represents the potential to transform local economies, achieving the scale necessary to realize this goal will require bold and urgent action among leaders across all sectors.