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When Carol Steinbach
started writing about city, state and metropolitan
issues, Ronald Reagan was still California’s
Governor and Bill Clinton had just finished serving
as Texas state coordinator for the McGovern for
President campaign.
Steinbach, in 1975,
was a co-founder of State Legislatures magazine,
which she edited until 1978. For the following 14
years, she was an editorial associate of Neal Peirce
and a contributing editor of National Journal, focusing
on housing and community development. With
Peirce, she co-authored the Ford Foundation’s
landmark 1987 study of CDCs — Corrective Capitalism.
She also wrote extensively on her own, for publications
ranging from the Washington Post and Baltimore Sun
to Collier’s Encyclopedia.
In 1990, Steinbach
was awarded the Housing Journalism Award, presented
by the National Housing Institute “in recognition
of high quality journalism dealing with housing
issues.” Among the philanthropic and nonprofit
organizations for which she conducted surveys and
wrote articles were the John D. & Catherine T. MacArthur
Foundation, the Lilly Endowment, the Fannie Mae
Foundation, the Prudential Foundation, the Neighborhood
Reinvestment Corporation, the Enterprise Foundation,
Local Initiatives Support Corporation and Independent
Sector.
Steinbach took a
break from journalism from 1992 to 1997 to be an
entrepreneur, serving as senior banker and member
of the board of directors of The Hamilton Securities
Group, Inc., an innovative Washington, D.C. investment
bank, specializing in housing and community development
finance. She’s now applying the business planning
and high-tech tools she focused on at Hamilton,
web site planning and management included, in her
latest role as Operating Partner of the Citistates
Group. Steinbach is also focusing on the neighborhood
element of regionalism — how strong, vibrant
neighborhoods, even in low-income areas, are necessary
to build strong citistates.
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