Working Together for a Fair and Democratic Economy

MISSION STATEMENT

Common Wealth, Inc. is a non-profit community development corporation dedicated to building a just and democratic economy. We work with underserved people and disinvested neighborhoods to foster community-based and democratically owned and managed initiatives.

About

Common Wealth Inc. grew out of efforts, initiated by the Ecumenical Coalition of Religious Leaders, to bring worker-ownership to steel mills in the Mahoning Valley.

Although this endeavor was unsuccessful, the Coalition succeeded in other ways. The group persuaded religious and civic leaders to suspend theological disputes and work together for moral leadership. Inspired, volunteers established agencies such as the Food Assistance Warehouse (now Second Harvest Food Bank), as well Common Wealth, Inc., and Common Wealth Revolving Loan Fund as economic development agencies to assist with cooperative economic development efforts.

CWI has acted as sponsor, consultant and developer on numerous projects, investing more than $50 million and establishing over 500 affordable housing units since 1986.

Projects

Retrofitted offices at 1221 Elm Street, Youngstown

Assisted in forming various nonprofit and community groups, including:

  • Mahoning River Consortium
  • Wick Park Neighbors
  • ACTION
  • Lake-to-River Food Co-operative and Cultivate Cafe
  • Catholic Charities Housing Opportunities

Built 106 units of low-income apartments for seniors

Built 157 single-family homes for LMI families

Restored 52 historic units for low-income seniors and families

Helped form Northside Farmers Market

Retrofitted Stuart Place for Kitchen Incubator

Lead organization of Lake to River Food Cooperative & Cultivate Café

Working to develop Elm Corridor and Northside Diversity District