Economy

Warren Buffett's Community Revitalization Crusade

The billionaire recently joined an effort to redevelop inner-city areas "holistically"
Reuters

One of the richest people in America wants to rebuild its inner cities.

Billionaire investor Warren Buffett has joined an effort to support a fleet of urban redevelopment projects in inner-cities across the country. Led by an Atlanta-based non profit called Purpose Built Communities, the aim is to fund “holistic community revitalization” projects that focuses on providing housing, neighborhood amenities, educational opportunities, jobs, and commercial investments.