David Erickson, Director of Community Development, Federal Reserve Bank of San Francisco, at the 2016 Health + Housing Summit.

Poverty is complex, and breaking its grip requires multiple coordinated and sustained interventions. One program or policy won’t work in isolation. How do we create the right incentives and interventions to break the cycle of poverty?

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David Erickson, Director of Community Development at the Federal Reserve Bank of San Francisco, tackled this question at the 2016 Health + Housing Summit and offered one possible solution in creating incentives that use market mechanisms in a way that echoes the work of community development finance. 

Photo from flickr.com