Improving the Economy in Distressed Communities
Without significant influx of credit, economically distressed communities will remain poor. The nonprofit Economic Innovation Group indicated that more than 50 million Americans live in economically distressed communities. Florida and Bendix mapped the most distressed communities in the United States and noted that “In the average distressed ZIP code, around 25 percent of adults lack a high school diploma, and a whopping 55 percent are not working.”