BK Reader: 50 Years of Restoration: Building Assets and Community Wealth

2017 marked the 50th anniversary of the country’s oldest community development corporation. Addressing affordable housing and the wealth gap emerge as priorities in 2018.

Founded in 1967 by Robert F. Kennedy, John Lindsay, Jacob Javits and Thomas R. Jones, Bedford Stuyvesant Restoration Corporation not only is the nation’s oldest community development corporation but, also, it is one of the healthiest.

The organization has remained relevant and impactful through some America’s most tumultuous socio-political changes and major advances, including the Vietnam War, the Watergate scandal, the birth of Hip Hop, the discovery of the AIDS virus, the devastation of the crack epidemic, the first American woman in space, the beginning of the desktop computer, the World Wide Web and the mobile phone

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