Two articles attached; the first quotes from the second. Both articles offer criticism of the neoliberal approach to community development, pointing out socioeconomic disparity which results, and propose alternatives.

"Between Survival and Revolution: Another Community Development System is Possible" by Robert E. Thibault
Abstract: The tensions between capitalism and community have created a situation where, from the depths of multinational corporate headquarters to the diverse urban streets of America, the latter is now being co-opted by the former. Couple this with the current neoliberal order being imposed on the world by multilateral institutions, high-ranking government officials, and the corporate elite, and you have an economic imperial agenda being carried out in all corners of the globe. In this article, I take a dialectical and investigative approach in critiquing the neoliberal ideology that dictates how the work of community development corporations is funded and controlled. Much of today's reality within community development consists of an environment where funding restrictions undermine community power, community development trumps community organizing, professionalization creates a disconnect between community development staff and community members, and competition for funding forces organizations to spend more time on funders' needs than the needs of the communities they serve. J P Morgan Chase is profiled to illustrate how economic neoliberal globalization and so-called community capitalism shape the modern community development movement. I conclude with an analysis of how empowerment, organizational democracy, and collective ownership have the potential to open up spaces of hope for urban communities in the United States who have been forced to live under the hegemony of economic neoliberal globalization.

"The CDC Model of Urban Development: A Critique and Alternative" by Randy Stoecker
Abstract: This paper questions the viability of an urban redevelopment model that relies on small community development corporations (CDCs) and proposed an alternative. Because most CDCs are severely undercapitalized, they can not keep up with accelerating decay. Their existence, and the emphasis placed on their supposed successes, allows elites to blame poor neighborhood CDCs rather than external conditions for redevelopment failure. The model also emphasizes that CDCs be community-based, but because their resource base is controlled from outside the neighborhood there is really very little community control over CDCs. CDCs may even delegitimize more empowerment-focused community organizing attempts by making them appear radical. Consequently, the CDC development process may actually disorganize poor communities by creating internal competition or disrupting social networks. An alternative model of neighborhood redevelopment is proposed which emphasizes community organizing, community-controlled planning, and high-capacity multi-local CDCs held accountable through a strong community organizing process.