The widespread shift to remote work has significantly disrupted urban economies worldwide, leading to changes in land use, diminished downtown vibrancy, and decreased tax revenues. This has resulted in massive budget deficits, impacting government services and exacerbating urban challenges. San Francisco’s experience encapsulates this “Doom Loop,” where socio-economic downturns necessitate innovative, community-centric solutions. This panel will explore equity-driven strategies that leverage local culture and social capital markets to rejuvenate urban centers, with a special focus on how Filipino culture is being used as a foundation for economic recovery and sustainable development in San Francisco. Initiatives such as SF New Deal’s Vacant to Vibrant, Kultivate Labs’ cultural and small business incubation strategies, and SPUR’s urban policy advocacy, alongside governmental support for community programs, will be discussed as models for scalable economic recovery efforts.
Breaking the Doom Loop: Community-Centric Solutions for Economic Recovery in the Remote Work Era
Track
AI = Accelerating Impact
Format
Panel (3 speakers)
Speakers
- NameDesi Danganan
- TitleExecutive Director
- OrganizationKultivate Labs
- NameSujata Srivastava
- TitleHousing and Planning Policy Director & Interim Chief Policy Officer
- OrganizationSPUIR
- NameDiana Ponce De Leon
- TitleDirector of Community Economic Development
- OrganizationOffice of Economic and Workforce Development
Description
The widespread shift to remote work has significantly disrupted urban economies worldwide, leading to changes in land use, diminished downtown vibrancy, and decreased tax revenues. This has resulted in massive budget deficits, impacting government services and exacerbating urban challenges. San Francisco’s experience encapsulates this “Doom Loop,” where socio-economic downturns necessitate innovative, community-centric solutions. This panel will explore equity-driven strategies that leverage local culture and social capital markets to rejuvenate urban centers, with a special focus on how Filipino culture is being used as a foundation for economic recovery and sustainable development in San Francisco. Initiatives such as SF New Deal’s Vacant to Vibrant, Kultivate Labs’ cultural and small business incubation strategies, and SPUR’s urban policy advocacy, alongside governmental support for community programs, will be discussed as models for scalable economic recovery efforts.
