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  • Fully fund the state's PILOT program

    Matt Pilon

    July 08, 2019 |

    Hartford Business Journal |

    Text |

    Under 800 Words

    Response Location: United States, Hartford, Connecticut

    Connecticut's PILOT program was created to partially reimburse cities and towns for state-owned, tax-exempt properties and take some financial burden off smaller towns. The PILOT program, however, is voluntary, making it easier for state legislators to disregard the reimbursement requests in tough financial times. Now, state officials are urged to make the PILOT program mandatory to keep the response working for the small individual towns and cities around Connecticut.

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  • A Worker Cooperative and a Community Land Trust Bought a Building Together

    Oscar Perry Abello

    June 18, 2019 |

    Next City |

    Text |

    1500-3000 Words

    Response Location: United States, Oakland, California

    Cooperative ownership provides an avenue through which local nonprofit organizations and businesses can retain ownership of real estate. In Oakland, California, the Oakland Community Land Trust uses federal grants and donations to then acquire and retain ownership of commercial and residential properties. In cases where funds offered by the Trust or from crowdfunded donations are not sufficient, as with the Hasta Nuerte worker owned co-op coffee shop, offering up equity in the venture to private investors can help raise capital.

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  • How West Oakland Financed Its Own Grocery Store

    Oscar Perry Abello

    May 30, 2019 |

    Next City |

    Text |

    1500-3000 Words

    Response Location: United States, Oakland, California

    Public investment campaigns can raise capital and attract larger institutional investors. In the neighborhood of West Oakland, the Community Foods Market opened its doors by raising funds through a Direct Public Offering (DPO). In addition to using traditional grant funding and so-called “angel” investors, the Community Foods Market turned community members into investors, giving them partial ownership of their local grocery store.

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  • Changes Coming To Housing Program For Former Inmates

    Edward O'Brien

    April 15, 2019 |

    Montana Public Radio |

    Multi-Media |

    5-15 Minutes

    Response Location: United States, Missoula, Montana

    The state of Montana helps former prison inmates find and pay for stable housing and to improve their job-hunting skills after their release. The pilot program is praised both by former inmates, for the support they received, and landlords, who now have an incentive to rent to this population.

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  • Can Community Investment Trusts Help Slow Down Gentrification?

    Brendan Seibel

    April 15, 2019 |

    Pacific Standard |

    Text |

    1500-3000 Words

    Response Location: United States, Portland, Oregon

    In East Portland, Oregon, a new Community Investment Trust is working to ensure that low-income residents have the opportunity to build equity by investing in their real estate. The program is limited to four zip codes with a maximum contribution of $100 to ensure that the investments stay open only to the members of the community it's intended to serve. More than 95% of investors have kept their money in the trust, but the model might be difficult to scale nationally without effective partnerships.

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  • Telluride isn't immune to Colorado's high country housing problem. But it's finding a solution in diversification

    Jason Blevins

    March 18, 2019 |

    The Colorado Sun |

    Text |

    1500-3000 Words

    Response Location: United States, Telluride, Colorado

    While towns across the Mountain West struggle to provide affordable housing, Telluride looks to diversification of housing to build sustainable, economically beneficial houses and apartments. From tiny homes to dormitory-style apartment buildings, the city's developments leave room for singles and families alike, and easily afforded with government bonds and subsidies.

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  • The Street Corner Answer

    Bruce Katz Ross Baird

    March 14, 2019 |

    The Philadelphia Citizen |

    Multi-Media |

    1500-3000 Words

    Response Location: United States, Louisville, Kentucky

    Access Ventures, a community development organization founded in a Louisville neighborhood, uses a comprehensive investment approach that encourages funds to be dispersed in all issue areas. Instead of creating one "affordable housing fund" or "homeless services fund," the group interweaves investment strategies, making sure to look at the bigger community picture when laying out an investment plan.

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  • Lions, leopards, and ... lessons? How safari tourism boosts rural education.

    Christopher Bendana

    February 28, 2019 |

    The Christian Science Monitor |

    Text |

    800-1500 Words

    Response Location: Uganda, Kikarara

    The Ugandan government is shifting tourist dollars to focus on rural education, dedicating 20% of money spent in safari tourism on developing schools in rural communities. While the country has been working for years to dedicate some tourism funding to rural communities, local officials have changed the focus to renew schools that are falling apart or don't have enough resources to adequately teach local children.

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  • Local nonprofit fosters West End growth

    Amy Peters

    February 28, 2019 |

    The Watch |

    Text |

    1500-3000 Words

    Response Location: United States, Nucla, Colorado

    With the help of the nonprofit West End Economic Development Corporation (WEEDC), communities in Southwest Colorado use creative financing and collective action to rebuild their economies after the downfall of the coal mining industry. One town, Nucla, invested in a coworking space, business classes. and other tools to help community members start and maintain small businesses.

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  • Punjab's marginalised communities struggle for their right to cultivate common lands

    Kundan Pandey

    February 07, 2019 |

    Down To Earth |

    Text |

    1500-3000 Words

    Response Location: India, Punjab

    Balad Kalan’s Scheduled Castes, popularly called Dalits, collectively bid to win the rights to fertile common lands that big landlords had taken control of. Each family contributed what they could and, after protests due to the lack of transparency in the bidding process, won 53 hectares, or one-third of the common land, which was distributed among 145 families. Fifty other villages have since won collective land rights by replicating the joint bidding process. An 11-member cooperative manages the land in each village, which is distributed to families in proportion to their monetary contribution.

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