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

    August 20, 2018 |

    The Huffington Post |

    Multi-Media |

    800-1500 Words

    Response Location: United States, Oakland, California

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

    August 02, 2018 |

    Glenwood Springs Post Independent |

    Text |

    800-1500 Words

    Response Location: United States, Carbondale, Colorado

    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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  • Trinidad seizes artist pursuits as economic development strategy

    August 02, 2018 |

    Glenwood Springs Post Independent |

    Text |

    1500-3000 Words

    Response Location: United States, Trinidad, Colorado

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

    July 13, 2018 |

    NPR |

    Text |

    800-1500 Words

    Response Location: Brazil, Salvador

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

    July 13, 2018 |

    Yes! Magazine |

    Text |

    800-1500 Words

    Response Location: United States, Buffalo, New York

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

    July 11, 2018 |

    Alaska Public Media |

    Radio |

    5-15 Minutes

    Response Location: United States, Palmer, Alaska

    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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  • How philanthropy breathed new life into a forgotten Salford suburb

    July 04, 2018 |

    The Guardian |

    Text |

    1500-3000 Words

    Response Location: United Kingdom, Salford

    A multi-millionaire has poured money into his home suburb of Irlam, buying up empty stores, funding public art projects, and supporting the town center, sports center, health clinic, and train station. Employment is up, but this model of urban renewal raises ethical questions and may not be easily replicable.

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  • Renters Get One Step Closer to Homeownership With This Innovative Program

    June 26, 2018 |

    Yes! Magazine |

    Text |

    Under 800 Words

    Response Location: United States, Cincinnati, Ohio

    Renting Partnerships organizes affordable housing communities that stay affordable. By meeting the expectations of the community, such as paying rent on time, residents can earn and cash out financial equity after staying in their home for five years. The program uses creative financing in the hopes of making housing more equitable.

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  • Federal Tax Credits and Local Dollars Keeping Akron Downtown Lively

    June 26, 2018 |

    Next City |

    Text |

    800-1500 Words

    Response Location: United States, Akron, Ohio

    The Akron Community Revitalization Fund has already invested in the development of downtown Akron, a city once known for rubber manufacturing but now working to redefine itself. The revolving loan fund is comprised of funding from grant-making organizations, banks, and a New Markets Tax Credit. It aims to jumpstart more private investment into the city, including Northside Marketplace, a new hotel, and office space.

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  • Moving Community Foundation Dollars from Wall Street to Main Street

    June 25, 2018 |

    Next City |

    Text |

    Over 3000 Words

    Response Location: United States, Fresno, California

    Community foundations have a new way to invest their funds: they can opt to invest in community projects, such as credit unions, as opposed to more traditional financial investments. The Self-Help Federal Credit Union has benefitted from this shift. A $2.6 million investment from Central Valley Community Foundation has helped the credit union provide over 1000 loans to predominately low-income families in the region.

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