Service clubs, business associations, libraries, churches - there are many organizations apart from government and the private sector that can play a significant role in fighting local poverty. But such an agenda requires a very substantial transition on the part of community-based organizations (CBOs). This booklet introduces a method by which groups can undertake sustained, effective measures to generate employment and income opportunities for disadvantaged fellow citizens. The Community Economic Development Wheel specifies the types of resources and know-how for the CBO to mobilize: organizational capacity, project development, community participation, and technical assistance. A 6-phase framework and supporting checklists then enable CBOs to pace that intervention over time, so that their reach does not exceed their grasp.