The Framework

The Local Capital Loop

A framework for understanding whether investment builds local assets or simply passes through a place.

01Capital Inflow02Productive Assets03Broader Ownership04Local Value Circulation05Reinvestment CapacityLOCAL CAPITALLOOP
01

Capital Inflow

Capital arrives from public investment, private investment, development finance, philanthropy, institutional capital, and household capital. The source shapes where value can ultimately land.

Public investmentPrivate investmentDevelopment financePhilanthropyInstitutional capitalHousehold capital

How to Read the Loop

Capital moves through five stages. Value is retained — or lost — at each one.

The loop traces investment from the moment it enters a local economy to the point where retained value becomes capital for the next cycle. Click or hover any stage to explore what happens there.

01Capital Inflow
02Productive Assets
03Broader Ownership
04Local Value Circulation
05Reinvestment Capacity

Where the Loop Breaks

Leakage points where value exits the local economy

At every stage, structures can route value outward instead of anchoring it in place. Identifying these leakage points is the first step toward closing the loop.

Stage 3

Absentee ownership

Stage 4

Non-local procurement

Stage 2

Extractive financial structures

Stage 3

Limited local equity participation

Stage 2

Land value leaving the community

Stage 3

Workforce disconnected from ownership

Stage 4

Profits exiting the local economy

What We Measure

Indicators under development

Building Equity is developing a structured set of indicators to assess the health of the Local Capital Loop in any given place. The following measures are forthcoming.

Capital entering

Forthcoming

Local ownership

Forthcoming

Local procurement

Forthcoming

Workforce participation

Forthcoming

Asset formation

Forthcoming

Value retention

Forthcoming

Reinvestment

Forthcoming

How We Apply It

From framework to strategy to project.

01

Research

Building the evidence base on capital flows, ownership, and value retention in specific places.

02

Diagnostics

Assessing where the loop is healthy and where value is leaking — at city, neighborhood, or project scale.

03

Strategy

Designing capital strategies and ownership structures that close leakage points and anchor value locally.

04

Project Design

Translating strategy into investable propositions with embedded local ownership and reinvestment.

Apply the Local Capital Loop to your city or project.

Apply the Local Capital Loop
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