NCBACLUSA - The Philadelphia City Council passed a resolution on February 6 declaring 2025 the Year of Cooperative...The resolution makes Philadelphia the first U.S. city to officially embrace the emphasis year.
The resolution calls on the City of Philadelphia to explore all options to support the development and resilience of local cooperative businesses. Cooperatives “promote the fullest possible participation in the economic and social development of local communities,” Councilmember O’Rourke said..
“We believe, and the data backs us up, that cooperatives are vehicles for equitable wealth-building and community democratic control,” said Corey Reidy, Co-op Development Director at the Philadelphia Area Cooperative Alliance. “Our hope is to support the growth of cooperatives in every neighborhood and for Philadelphia to be a beacon of a co-op city.”
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