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  • Here's What Investing in Economic Justice Looks Like

    Hope Credit Union has a mission: serving mostly black, marginalized communities in the South whose capital was historically displaced through slavery. In 2017, the credit union gave out $100 million in loans. ‘That total includes 61 business loans, 2,825 consumer loans, and 287 home mortgages, of which 87 percent went to first-time homebuyers.”

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  • Low-cost housing project begins next month

    Kenya is launching a program to build more affordable housing by providing infrastructure like water and roads, as well as funding from the World Bank and lower levies on the cost of doing business in order to attract private investors. The government will also provide land to investors on the condition they provide 20,000 low-income units for every 100,000 they build. But the plan faces major challenges including clear title and rising construction costs.

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  • Switching to LPG for habitat recovery and wildlife conservation

    In rural communities, firewood extraction hurts both human health and wildlife habitat. In India, a group of conservationists are helping villages switch from wood-burning to liquified petroleum gas. While logistics around refills are still being ironed out, the program has already produced noticeable results.

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  • A Boost for the Worker-Owned Economy

    Over two million baby boomers own their own companies, and with retirement looming, the government stepped in with a solution. A portion of a 2018 federal bill included language that will push the Small Business Administration to help baby boomers transition ownership of their companies to their employees if they wish. This will mitigate job loss often associated with a retiring business owner putting the company up for sale. Employee owners on average make a higher salary and have higher job stability, supporting the idea that employee ownership is beneficial for everyone involved, as well as for the econom

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  • How impact investors can better serve communities: ask them what they need

    Impact Experience is an organization that bridges the gap between impact investors and the communities in which they want to invest, from West Virginia to Houston and more. These “experiences” occur during retreats in cities across the country that could use investment. Jenna Nicholas, the founder of Impact Experience, uses this time to help people build genuine relationships that lead to long-lasting investments. In Williamson, West Virginia alone, the experiences have led to $25 million in local funding.

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  • Federal program to aid low-income areas ready for local investors

    Since the 2017 Tax Cuts and Jobs Act passed, investors, community leaders, and local governments have been talking about Opportunity Zones. These are low-income areas in each state--Alabama has 150--that will incentivize investor spending by providing tax breaks for longer-term investment in areas typically not on the highest priority list for traditional investors. Montgomery, Alabama is seeking input from local groups on where funding can best be spent. Though the opportunity zones legislation is in its early days, many are excited about the potential to stimulate economic growth.

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  • Meet the Indigenous Women Keeping Native Businesses Close to Home

    NABIN, or the Native American Business Incubator Network, is a creative program intended to address the unique business challenges and opportunities faced by Native Americans. Since 2012, the organization has helped Native American entrepreneurs with marketing, startup skills, and the basic knowledge to succeed in business. From the #IAmTheNavajoEconomy hashtag to connecting aspiring entrepreneurs to microloans, NABIN is providing a much-needed service.

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  • A New Deal for Refugees

    After hundreds of thousands of Syrian refugees fled to Europe in 2015, wealthy European countries became more invested in fixing a broken immigration system, something which had traditionally fallen on poorer countries. Now, more countries are trying to integrate refugees into society, rather than keeping them separated from society in camps. Can countries like Uganda and Jordan who’ve attempted refugee resettlement provide an example for the rest of the world?

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  • America's Real Estate System Pushes Rents Up And People Out. There's Another Way.

    In Oakland, a community land trust helped Hasta Muerte, a local cafe, avoid eviction. All over the country, community land trusts are helping communities of color keep their affordable housing.

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  • A Divided Neighborhood Comes Together under an Elevated Expressway

    Community organizing may be the key to a comeback along New Orleans’ Claiborne Avenue. Once home to a booming block of African American-owned businesses, many left once a new expressway demolished the street in the 1960s. Now, community input is essential in rebuilding. A new master plan included 11 meetings with residents to share their priorities. The painted murals, live jazz performances, and local gatherings still happening show that the Claiborne Corridor will remain home to its long-time residents, even in a new format.

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