CNN is reporting that Missouri's Brad Pitt, the movie star, is working in New Orleans' Lower 9th Ward. Pitt is spending his own money and taking it upon himself to help rebuild the area ravaged by Hurricane Katrina.
Neighborhood development efforts take lots of money, and charitable support is huge in sustaining work in places like the Lower 9th, where private market forces are weak.
It will be interesting to follow the long term results of Pitt's efforts. Key to the success will be how many other supporters join the work. Star power can't hurt!
More can be learned here
Monday, December 10, 2007
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