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

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  • Financial Empowerment Centers Help City Residents Improve Their Fiscal Health

    Financial Empowerment Centers work with clients to help them build savings, improve credit scores, and take full advance of assistance programs. While the daily demands of poverty often create an inability to plan for the future, the Center's clients have found that counseling has provided a path to engage with these issues and a trusted helper to improve their financial health.

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  • Trinidad seizes artist pursuits as economic development strategy

    One small town in Colorado has spurred economic development by implementing a strategy that focused on the revitalization of creative industries. As a result, Trinidad, CO, has seen a twofold increase in lodging tax income and restaurant sales tax as well as a drastic increase in profits from commercial building permits. Local artists recognized the potential Trindad could have as a creative district and brought the plan to city officials who were eventually able to take advantage of state programs and collaborate with a nonprofit to generate creative business, revitalizing the local economy as a result.

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  • Carbondale market study to inform the future of artist live-work spaces

    Carbondale is one of several Colorado towns that is focusing on preserving affordability for local artists. Since a different town was selected for a state-run program called Space to Create, Carbondale had to get more creative. The town is now working with a consulting group called Artspace that specializes in affordable housing for artists. Though the project is still in the early stages, they have already conducted a feasibility study and have clear plans in place to the development of affordable housing sites.

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  • Investing in Local Business to Get an Even Break

    The Business Alliance for Local Living Economies, known as Balle, encourages a “localism” approach to decrease wealth disparities. By hosting a fellowship program to share best practices as well as encouraging philanthropic foundations to invest their endowments in mission-aligned organizations, Balle as served 121,650 small businesses and worked with philanthropic leaders representing over $8 billion in assets.

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  • Developer tests a new way to fund housing for the homeless: private financing

    In an attempt to increase housing for the homeless in L.A. in a financially sustainable way, FlyAway Homes has started several projects to build homeless housing supported by private investment. Fifty six investors will get a return, though not a large one, on the 9-unit property that will house 32 homeless individuals. This model is more efficient than when a non-profit organization builds homeless housing, and more properties under FlyAway Homes will show if the model is in fact sustainable.

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  • To Combat Gentrification, One City Is Changing How Homes Are Bought and Sold

    The city of Buffalo is beginning to gentrify, and long-time residents are trying to stop it and keep housing affordable. Under leadership of locals and with support from city officials, the new Fruit Belt Community Land Trust aims to develop a strategic plan and find ways to keep housing in the hands of community members for the next 99 years. Though there is some opposition from people who want to maintain the value of their homes, the land trust leaders are hoping to demonstrate the value that collective action can add to their neighborhood.

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  • 'I Know How Far I Can Go': Black Entrepreneurs Overcome Challenges In Brazil

    A start-up accelerator in Salvador, Brazil is aiming to support black-owned businesses through its business incubator resources. Dende Valley, named as a nod to Silicon Valley, is an accelerator that prioritizes and trains black entrepreneurs to combat systemic racism and lack of opportunity in Brazil. There were 107 applicants for 30 spots this year, and the company expects to triple availability next year as people look to take advantage of their programs.

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  • Sex, taboos and #MeToo - in the country with no word for 'vagina'

    The Myanmar-based organization, Strong Flowers, is providing men and women with sex and gender education. Teaching such classes in a notoriously conservative culture can be challenging, but founder Dr. Thet Su Htwe and her curriculum on gender roles, menstruation, gender-based violence, and reproduction have been welcomed.

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  • Global Investors Find Value in a Small Bank in the Deep South

    Southern Bancorp is a regional bank based in Little Rock, Arkansas and is a member of the Global Alliance for Banking on Values. Founded after the financial crisis in 2009, the Alliance shows that values-based banks, especially those that are putting a higher proportion of funds toward loans in their own communities, outperformed more traditional large banks. Southern Bancorp is doing just that by investing in loans for local business owners and municipal bonds to benefit the cities in which they operate.

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  • When traditional banking isn't an option, try this out instead

    In Alaska, the Knik Tribe’s Community Development Financial Institution is offering financial opportunities to individuals in low-income communities who wouldn't have them otherwise. The organization, and others like it, are working to retain families in rural Alaska while providing the financial resources necessary for them to succeed.

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