Webinar: Planning for the Financial Sustainability of your Promise Neighborhood

On Monday, September 8, the Center for the Study of Social Policy (CSSP) will be hosting a webinar focusing on planning for the financial sustainability of your Promise Neighborhood. Participants will hear from an expert on financial sustainability as well as a Promise Neighborhood leader with firsthand experience in securing the resources needed to move from planning to implementation.
The webinar will help leaders who are planning a Promise Neighborhood or similar community change effort in understanding key considerations to make when thinking about financial sustainability and concrete strategies that one community has used to move from talk to action, though the presentation might also be of interest to those who have begun implementation. Ample time will be provided for participants to ask questions.

Key questions to be addressed include:

• Why is it important to think about sustainability in the planning phase? What does planning for sustainability from “Day 1” look like?
• How can we approach planning so that we can move forward with or without a federal Promise Neighborhoods implementation grant and with varying levels of local/private support?
• Beyond a federal implementation grant, what are examples of additional funding sources (federal, state, and local) that can be “braided” or redirected to support comprehensive community change work like Promise Neighborhoods?
• How can my community use early performance data to make the case for additional investment in our Promise Neighborhood?

This event will feature the following presenters:

• Victoria Wegener, Partner, Mainspring Consulting
• Deycy Hernandez, Director, Promesa Boyle Heights at Proyecto Pastoral

Mainspring Consulting works with community and state leaders, policymakers and foundation officers to design effective programs and initiatives for children, families and communities, develop sound strategies to leverage resources, and create effective plans to move from good thinking to action. Mainspring has experience engaging with a wide variety of community leaders, including those from Promise Neighborhoods, on issues such as the development of financing plans and strategies, including the projection of costs and identification of new sources of revenue.

Promesa Boyle Heights at Proyecto Pastoral is a Promise Neighborhood located in Los Angeles, CA. The community received a planning grant from the U.S. Department of Education in FY 2010 and has continued working with its partners to implement key parts of its pipeline and realize its vision for a Promise Neighborhood. 

The webinar will take place on Monday, September 8 from 1:00 - 2:30pm ET. To register for the webinar, please go here.

This event, hosted by CSSP with support from the U.S. Department of Education, is part of the training and technical assistance program designed for Promise Neighborhood grantees.