About

I write a weekly column for The Philadelphia Citizen, a nonprofit media startup that pioneering solutions based journalism. The Citizen is creating an electronic public square that explores issues and identifies solutions.

Jeremy Nowak is a consultant who specializes in impact investment, urban policy, and philanthropic strategy. Current clients include The Berwind Office of the Trustees, The Ewing Marion Kauffman Foundation, The MacArthur Foundation, and Drexel University. Mr. Nowak is also Board Chair and columnist for a new media startup in Philadelphia: The Philadelphia Citizen.

 

He was the President of the William Penn Foundation in 2011 and 2012, developing the blueprint for their current grant making. Jeremy was the founding CEO of Reinvestment Fund (RF). During his tenure more than $1 billion of investments in support of housing, small businesses, and community facilities was allocated to urban neighborhoods in the mid-Atlantic. He also launched a real estate development company, a public policy consultancy, a private equity fund, and a spatial analytics firm (policymap.com) through the RF platform.

In 2012 and 2013 he was appointed to chair the Board of the Federal Reserve Bank of Philadelphia, as part of this six-year tenure at the Reserve Bank (2008 to 2013). Currently he is a Nonresident Senior Fellow at the Brookings Institution, on the Advisory Board of the University of Pennsylvania’s Institute for Urban Research and a Senior Fellow at the Center for Impact Finance, Carsey Institute for Public Policy (University of New Hampshire).

He has authored many articles on subjects as diverse as development finance, housing policy, and creative place making. He is the co-author with Bruce Katz of a new book which will be published by the Brookings Press (forthcoming November 2017) entitled: The New Localism: How Cities Thrive in an Age of Populism.