Portfolios
The Project Portfolios for Infinite Erie exist as a framework for measuring progress of the Investment Playbook and act as a venue for the portfolio teams to consider new projects as community needs evolve. Each portfolio focuses on a major category of community priorities and targeted investment, informed by their action team members and project cohort, but remain constant in upholding the ideals of Infinite Erie and are further measured through their active participation across the Tenants of Inclusive Growth:
Tenants of Inclusive Growth Strategies:
across all portfolios, Infinite Erie has three Building Blocks of Excellence which guide project consideration: Equity, Environment, and Economics
Equity – a commitment to hire locally, source locally, and to include a diverse set of stakeholders in project planning; project located in an Appalachian Regional Commission (ARC) Economically Distressed or Justice40 Initiative census tract
Environment – efforts which seek to clean blighted areas and address hazardous housing conditions; enhance public space (i.e. pedestrian experience, public art, parks); and plans which incorporate durable, high-quality building materials, enhanced stormwater/ rainwater retention and indoor/ outdoor air quality measures, and aim to achieve LEED, or WELL Building Standards
Environment – a commitment to vending with Minority-owned, Women-owned, or Veteran-owned businesses where possible; incorporate a financially sustainable operating model; and projects which support the attraction of businesses within the region’s target and growth industries and create additional jobs, especially in communities where projects are located
Neighborhoods and Main Streets:
Providing Access to Safe, Affordable Housing and Neighborhoods
“Provide increased access to safe, affordable housing and neighborhoods using a multi-faceted approach to transform the system of affordable housing production and commercial corridor regeneration throughout Erie County.”
Return on Investment for Business Leaders
The portfolio’s return on investment for the local private sector occurs along several important areas, including:
Industry Clusters and Infrastructure:
Promoting Critical Infrastructure Access to Attract and Retain Jobs
“Promote critical infrastructure access to attract and retain jobs within Erie County’s unique, competitive industries: Advanced Manufacturing, Life Sciences/Health Care, Food Processing/Agriculture, Year-Round Recreation, and Business Services.”
Private Sector Return on Investment
The portfolio’s return on investment for the local private sector occurs along several important areas, including:
Inclusive Entrepreneurship:
Create Pathways to Legacy Entrepreneurship
“Create pathways to entrepreneurship for all segments of the population as drivers of innovation and job creation.”
Return on Investment for Business Leaders
The portfolio’s return on investment for the local private sector occurs along several important areas, including:
Anchor Investments in the Greater Core:
Invest in Assets and Accelerate Market Momentum
“Invest in assets and accelerate market momentum within Erie's greater downtown core.”
Return on Investment for Business Leaders
The portfolio’s return on investment for the local private sector occurs along several important areas, including: