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  • Parents Of Kaduna Brides May Now Sigh In Relief

    August 16, 2024 |

    News Agency of Nigeria (NAN) |

    Text |

    1500-3000 Words

    Response Location: Nigeria, Kaduna

    Meerah’s Kitchen Utensils & More is a monthly contribution plan helping mothers save the money necessary to provide for their newly married daughters, as is tradition in Nigeria. Women contribute a set fee to the group each month for 10 months, after which they can take whatever they need from the store, including pots, cooking utensils and other necessities. Women contribute by joining a WhatsApp group, and there are currently over 200 members.

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  • Nonprofit Fund Raises Private Dollars To Buy Affordable Housing – Before Private Equity Does

    July 26, 2024 |

    Next City |

    Text |

    Under 800 Words

    Response Location: United States

    The housing and homelessness nonprofit Community Solutions raised $135 million in private capital to create a fund to buy housing properties and keep them permanently affordable. It promises investors modest returns and looks to buy properties in good condition close to necessary services like grocery stores and health care.

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  • Invest STL gets national attention by seeding $20K to residents in 2 neglected neighborhoods

    July 24, 2024 |

    St. Louis Public Radio |

    Radio |

    Over 15 Minutes

    Response Location: United States, St. Louis, Missouri

    Invest STL’s Rooted program provides financial and investment help to community members by giving them money and pairing them with a financial advisor who helps them build generational wealth and avoid displacement by putting their money into wealth-building activities like property renovations and investment portfolios. 50 people have participated in the program so far, and early evidence shows they’re investing their money in responsible, meaningful ways, and gaining a deeper connection to their fellow community members.

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  • The best plan to help refugees might also be the simplest

    June 23, 2024 |

    Vox |

    Text |

    Over 3000 Words

    Response Location: Kenya, Nairobi

    The nonprofit GiveDirectly provides refugees with cash to help them sustain themselves, focusing on those living in cities, as they’re less likely to receive the same assistance as humanitarian camps do. Nearly 1,200 people were given $925 to spend however they wanted — some opening bank accounts, others starting businesses — and reported they were able to nearly double their monthly income and after six months, 88% of recipients were earning more money than ever before.

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  • One Small Credit Union Is Powering Brooklyn's Economy

    May 13, 2024 |

    Next City |

    Podcast |

    Over 15 Minutes

    Response Location: United States, New York, New York

    The Brooklyn Cooperative Federal Credit Union provides small business loans to local Black and Brown businesses, through average investments of $24,000. This small, community lender provides more funding to local businesses than larger national banks like Citibank, Wells Fargo and Bank of America, helping support local businesses and finance community development.

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  • Minneapolis solar nonprofit is proving patience can bring results to lower-income residents

    January 29, 2024 |

    Energy News Network |

    Text |

    800-1500 Words

    Response Location: United States, Minneapolis, Minnesota

    The nonprofit Solstar provides free solar panels to lower-income homeowners in Minneapolis by encouraging wealthy individuals to invest in its solar panel installations and cover the costs. The investors earn a modest return on their investment from Solstar and can take advantage of tax credits, while the homeowners see a drop in their electricity bills.

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  • Arizona mobile home parks are disappearing. This nonprofit wants to save them.

    November 01, 2023 |

    AZ Central (The Arizona Republic) |

    Text |

    800-1500 Words

    Response Location: United States

    In 2008, ROC USA began helping form resident-owned mobile home communities, and since then has assisted in the creation of over 300 such communities in 21 states throughout the U.S, consisting of almost 22,000 homeowners throughout the U.S. The organization works with philanthropic organizations, other nonprofits, insurers, banks and government entities to raise commitments in advance of a park’s purchase.

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  • How this youth group redefined voter engagement in Adamawa

    August 21, 2023 |

    Prime Progress |

    Text |

    800-1500 Words

    Response Location: Nigeria, Adamawa

    The nonprofit YIAGA Africa is increasing voter participation in general elections by providing grants to youth across Nigera looking to launch their own voter engagement projects. The grant recipients help people register to vote, run awareness campaigns, and work with local organizations.

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  • How a mobile-home park saved its community from a corporate buyout

    August 04, 2023 |

    High Country News |

    Text |

    800-1500 Words

    Response Location: United States, Durango, Colorado

    When the Westside Mobile Home Park went up for sale, it brought the threat of displacement to those who lived there. So, the Elevation Community Land Trust partnered with the residents of the Durango, Colorado, community to form a housing cooperative. Now, the park's land is owned by a community land trust that offers each resident 99-year leases for significantly cheaper than if the park was attached to the real estate market.

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  • How tax credits and social finance are building a healthy future for Nova Scotians

    July 24, 2023 |

    Future of Good |

    Text |

    1500-3000 Words

    Response Location: Canada, Nova Scotia

    Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings together investors and farmers using this funding method to provide loans that will directly support the local food network.

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