Community Economic Development
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Community Economic Development (CED) refers to systematic investing in neighborhoods with limited access to capital for necessities such as housing and small businesses. By providing fiscally responsible loans to economically distressed areas, CED programs break the cycle of inter-generational poverty. Community Economic Development is an ideal example of what our sages teach as the highest level of tzedakah:
“There are eight levels of tzedakah, one above the other. The greatest level, than which nothing is higher, is to strengthen the hand of the poor by means of gift or loan or by going into partnership with him, so that he can become self-sufficient.” (Maimonides, Mishneh Torah, Gifts to the Poor 10:7)
Although this kind of giving may seem inaccessible to individuals without detailed knowledge of a community’s financial situation, individuals can invest in Community Economic Development through CED funds. For more information about how to join a CED campaign, contact the JCRC at 617-457-8600. |
A local example of such a fund is The Greater Boston Jewish Fund for Community Economic Development. This fund provides a simple, safe and direct way to put loan funds to work revitalizing urban areas.
JCRC offers area synagogues a direct connection to programs related to a variety of issues including hunger, homelessness, affordable housing, community economic development, political advocacy, literacy and the environment. In our work with local congregations, we use our PEAR (Partnership, Education, Action, and Reflection) model as a guide for creating a more effective social justice program.
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Partnership with other community-based organizations and relationships with individuals from other communities can establish important community ties and make justice efforts more effective.
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Education, both Jewish and issue-based, is essential to understanding the societal roots of injustice and affirming the Jewish values that inspire action and enhance our impact.
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Action allows congregations to alleviate suffering, address needs and advocate for systemic change.
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Reflection personalizes action experiences and strengthens individuals’ and communities’ resolve to affect change.
To borrow the following materials from our library please contact JCRC at tzedekresources@jcrcboston.org or 617-457-8600