Some of the issues involved in promoting home ownership among blacks and investment in inner city communities are discussed in this paper. The experiences of the Bedford Stuyvesant Restoration Corporation in revitalizing Bedford Stuyvesant are described. Economic barriers to prospective home ownership are identified and strategies and programs that may help individuals overcome these barriers are outlined. The discussion of economic investment focuses on approaches that promote and encourage the creation and expansion of locally owned businesses. Ways in which large corporations and community development centers can help small businesses remain viable, in addition to their major contributions of providing employment to community residents and attracting capital, are considered. However, the author concludes that home ownership and economic investment in black communities depend on a comprehensive approach to the community's problems and on a relatively healthy and stable environment. (EB)