Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • After grassroots victories, Vancouver, B.C. Chinatown turns toward revitalization

    Grassroots organizations, like the Vancouver Chinatown Foundation, seek to preserve Chinatown’s heritage and fight the displacement of old-time residents by gentrification. The organizations bought an historic hotel to prevent displacement of 100 low-income residents, revitalized commercial spaces such as restaurants to preserve the neighborhood’s heritage and history, and funded programs to support social connections with events such as Majhong socials that bring together over 100 people. While the organizations agree on the goal to preserve Vancouver’s Chinatown, they sometimes disagree on how to get there

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  • Match Trading spreads – and could significantly boost earned income

    A program in the UK rewards select social enterprises by matching year-over-year sales growth. These incentives boost income from trading, as shown in a pilot program that matched up to £10,000.

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  • Trailer parks face rising rents. This one's residents found a way out.

    ROC USA, a New Hampshire nonprofit, has helped almost 15,000 mobile homes become part of cooperative ownership setups across the country. The need for this is clear. Many mobile home residents do not own the land on which their homes reside, meaning they are at the whim of owners or outside investors. By coming together as a neighborhood and pitching in for collective ownership of a mobile home park, residents take control of their fate and their finances.

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  • The Informal Bank That Empowers Kenya's Poorest Women

    In villages in Bubisa, Kenya, women have come together to form informal community banks so that they may have greater financial access and power. These groups of women together save money, and then lend and borrow money with one another, giving themselves the chance to own property and send their kids to school – without having to rely on their husbands.

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  • Houses intact after Hurricane Michael were often saved by low-cost reinforcements

    Small, cost-effective improvements to home construction were often the difference between houses that suffered small amounts of damage from Florida hurricanes and those that were destroyed. Knowing to ask for extra nails, strong windows, and hurricane clips for their roof, home owners can not only save their homes but save money from decreased insurance and energy costs.

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  • Why aren't we mining landfills for valuable materials like metals and soil?

    Across the country, projects that mine landfills for reusable metals and soils are underway. Can such mining prove profitable enough to spur similar efforts on a grand scale? So far, some projects have seen profits while others have not. But as society increasingly values pollution and greenhouse gas reduction, incentives for refuse mining can only grow.

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  • Taking Steps Toward a Community-Controlled Economy in Boston

    The Boston Ujima Project is on “a mission to create an alternative economy,” one that is inclusive on all measures. The main initiative is a community capital fund, which is considering foregoing collateral on loans in exchange for other creative metrics, in the hopes of extending loans to those often excluding from traditional banking and investment. They are also creating a timebanking initiative, where labor that benefits the community can be used as a form of currency. An accessible Boston workshop cemented the group’s commitment to being community-driven.

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  • Stopping scams takes teamwork

    In cases of exploration and scamming, particularly of senior citizens, Richland County, Ohio has found that teamwork and collaboration between local agencies is key. Those agencies include Adult Protective Service, the Area Agency on Aging, and Police Departments working together to catch exploiters and return money to its rightful owners.

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  • This Radical Bank Will Free People Of Debt By Literally Blowing It Up

    The Hoe Street Central Bank is an artist run project that raises money through events taking place in a former bank and sells prints designed to mimic paper money. Through the money they raise, the organization buys and eliminates private debt as well as makes donations to organizations affected by austerity measures.

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  • PA Banking On New Program Providing Inmates With Financial Savvy To Succeed

    Two state agencies in Pennsylvania collaborated to launch a program that trains inmates on financial literacy skills in an effort to curb recidivism. The Department of Corrections and the Department of Banking and Securities have reached more than 4,300 inmates through the classes, many of whom have been inside for years and may have never had bank accounts. Research found having a bank account is strongly correlated with not returning to prison and higher employment rates.

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