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Showing posts from March, 2022

Marilynn Davis Joins HR&A

HR&A is proud to announce that Marilynn Davis has joined the firm as our newest Senior Advisor. Marilynn, who most recently served as the Chief Real Estate Officer at Clark Atlanta University, will help expand the firm’s impact across Atlanta and beyond. Marilynn’s career has placed her in leadership roles across sectors, including Assistant Secretary of Administration at the U.S. Department of Housing and Urban Development, nominated by President Clinton, Managing Director of the New York office of real estate development firm IMC Octave, CEO at landscape architecture firm, Martha Schwartz Partners and other roles at FleetBoston Financial Corporation (now a part of Bank of America), American Express Corporation and General Motors Corporation. In April, Marilyn will represent HR&A on a panel at the Urban Land Institute (ULI) Spring Meeting in San Diego — Redefining Excellence in Real Estate with Equity at the Core. Learn more about Marilynn’s story below. What inspi...

HR&A study leads to Philadelphia establishing the country’s first municipal public bank

On March 3, the Philadelphia City Council voted to establish the country’s first municipal public bank, which will lend capital to small businesses and address the historic racial disparities in commercial banking. This decision accelerates a different path for a city with one of the highest poverty rates, as well as the highest rate of un- and underbanked residents among major U.S. cities.   HR&A built on the vision established by the City of Philadelphia and authored an independent feasibility study that sets the direction for an optimal public bank structure that could achieve the City’s dual goals of uplifting the power of small businesses, many in the Black and Latinx communities, and upholding autonomy over the City’s financial resources. A public bank will help the City channel its banking powers in the public interest and offers a launching point for both immediate action and systemic change.   We commend the City of Philadelphia for launching an autonomous a...