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Small-Scale Manufacturers See New Markets Tax Credits as Future Hope

Johnny Magdaleno

November 30, 2016 |

Next City |

Text |

800-1500 Words

Response Location: United States, Baltimore, Maryland

As major manufacturers keep "pulling the rug" from under urban areas, low skilled job loss increases. Nevertheless, small-scale businesses have instrumental in their ability to counteract job loss in improvised urban areas. Small businesses are using tactics such as creative tax cut regulation to cut corners to pay livable wages to low-income workers.

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Big Bet Philanthropy: How More Givers Are Spending Big And Taking Risks To Solve Society's Problems

Kerry A. Dolan

November 30, 2016 |

Forbes |

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Over 3000 Words

Response Location: United States, San Francisco, California

For the superrich and the biggest U.S. charitable foundations, donating to universities, hospitals and cultural institutions is the norm. Less common are donations targeted at "social change" such as alleviating poverty or tackling global warming - but that is beginning to change. An in-depth study from the Bridgespan Group is showing how big bets in philanthropy are paying off, as well as what factors - such as a close donor-recipient relationship - are key to success.

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Santa Fe couple helps Homewise create solar power loan fund

Bruce Krasnow

November 21, 2016 |

The Santa Fe New Mexican |

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Under 800 Words

Response Location: United States, Santa Fe, New Mexico

For low- and moderate-income families in Santa Fe, home solar-voltaic systems can be an attractive but hard-to-finance idea. A local couple is partnering with Homewise to offer loans to homeowners interested in installing these systems. So far, Ann Alexander and Richard Khanlian’s $500,000 pledge has helped 19 homeowners get solar energy projects off the ground.

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How Raton got its groove back

Staci Matlock

November 15, 2016 |

Small Towns Big Change |

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Over 3000 Words

Response Location: United States, Raton, New Mexico

By investing public money, developing a branch of a local community college, and encouraging locals to invest in their own hometown, the small city of Raton, New Mexico has begun to turn their economic hardships around. City officials have looked beyond cyclical extraction businesses like coal mining in order to think about long-term financial success for their community members.

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Teaching Teens Financial Literacy

Arielle Dreher

November 09, 2016 |

Jackson Free Press |

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800-1500 Words

Response Location: United States, Jackson, Mississippi

Students at Provine High School will soon be able to open up accounts with Hope Credit Union, right in their own hallway. The partnership is helping students realize that having a relationship with a financial institution can create a more stable financial future, breaking the cycle of poverty.

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Failure: the surprising fuel in Israel's startup engine

Abigail Klein Leichman

November 07, 2016 |

Israel21c |

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Under 800 Words

Response Location: Israel

Business people are beginning to see failure as a necessary way to learn. Entrepreneurs in Israel use their mistakes to learn from them and help guide them in the future.

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Cash and Tech Replace Bags of Rice in Urban Humanitarian Aid

Molly McCluskey

November 04, 2016 |

Diplomatic Courier |

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800-1500 Words

Response Location: Jordan, Amman

Refugees often find cold cash far more helpful than bags of rice or other products foundations provide. Iris scanners can make identity verification much easier for refugees to access money that is distributed to them at banks.

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When parents of people with disabilities reach the breaking point

Marie Wilson

October 05, 2016 |

Daily Herald |

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1500-3000 Words

Response Location: United States, Lisle, Illinois

Part 1 of the Caregivers Crisis series: As parents of adults with disabilities face their own struggles with aging, health, and mobility they often find themselves at the frayed end of their resources. The Parent Support Project brings these parents together to provide counseling, information on resources, financial counseling, moral support, and renewed energy to keep moving forward with their lives.

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In Rural Bangladesh, Solar Power Dents Poverty

Amy Yee

October 04, 2016 |

The New York Times |

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800-1500 Words

Response Location: Bangladesh, Kakhin Bimile, Dhaka Division

Infrastructure Development Company Limited (Idcol), a government-backed Bangladeshi energy and infrastructure group, is helping bring solar power to homes in rural Bangladesh that once relied on dangerous kerosene or expensive diesel for electricity. The keys to Idcol’s expansion are financing plans that cater to lower-income people, as well as partnerships with 56 grass-roots organizations like the microfinance institution Grameen. Solar energy is reliable, clean, and more cost effective in the long run, and has become a lifeline for low-income Bangladeshis living beyond access of the main grid.

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CDFIs Can Help Native Populations Moving to Cities

Johnny Magdaleno

September 19, 2016 |

Next City |

Text |

800-1500 Words

Response Location: United States, Rapid City, South Dakota

In Rapid City, South Dakota, talking about money is taboo among Native American families. To help improve their financial situations Black Hills Community Loan Fund offers financial literacy classes. The organization is in the process to be certified as a Native CDFI, a program that will help expand their impact.

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