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

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  • Going ‘Deep Green,' Office Buildings Give Back to the Planet

    More and more commercial real estate projects are popping up around the United States that are focused on “deep green” building. This movement suggests that it’s not enough to just make a building out of renewable materials, but they can also be self-sustaining. For example, the Watershed, an office building in Seattle, has a slanted roof that collects rainwater that is then used in toilets. These types of projects can be more complicated and expensive to build, but developers can save money in the long run with the improvements.

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  • Mosaic Development Partners works to bring people of color into the real estate market

    Mosaic Development Partners (MDP) seeks to create wealth for the black community in Philadelphia by providing affordable housing and creating opportunities in neighborhoods that are considered risky investments for typical real estate companies. The black-owned company has created housing as well as retail opportunities for minority and women-owned businesses who historically have a harder time accessing capital and loans. The company is mission-driven but operates on a for-profit model, finding economic solutions for systemic problems that have kept black communities from creating generational wealth.

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  • How Public Banking Could Make Black Lives Matter

    Black banks have been held up by leaders and celebrities in the community as a way to end Black poverty. Previous efforts have been made in the 1960s when Black banks gave loans to community members after being denied home loans from white banks. But those loans lost money when housing values declined as a result of redlining policies that damaged public schools. Black banking therefore was not the answer to ending Black poverty and bridging the gap between white and black wealth. One law professor believes the answer lies in public banking which is funded by tax revenue and acts as a public utility.

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  • Why Singapore Has One of the Highest Home Ownership Rates

    Affordable housing in Singapore has resulted in one of the highest rates of home ownership in the world. In 1964 the government embraced a "Home Ownership for the People Scheme" in which it gave lower and middle-income citizens access to affordable home ownership. Subsidized apartments were sold at low prices and were not to be sold for at least five years after which the real estate value had risen significantly. Apartments sold in 2009, for example, gained almost half a million dollars in value by 2020. New subsidized apartments are under construction and 16,000 have already been sold in the past year.

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  • In Seattle, Protests Over Racial Equity Turn to Land Ownership

    Over 1000 community members gathered to demand officials keep a 2016 promise to give a vacant publicly-owned fire station to the Africatown Community Land Trust. The station is in a historically Black and quickly gentrifying neighborhood and the trust wants to turn it into a resource center to develop the next generation of Black entrepreneurs. As citywide protests for racial equality spread, the city abruptly agreed to turn it over. The group also wants more unused properties turned over to Black community ownership and for the city to develop an anti-gentrification land acquisition fund.

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  • A Portland foundation's infusion of talent and money helps set small Maine town back on its feet

    A Portland-based foundation has revitalized a small town in Maine with the establishment of an arts colony, reconstruction of old buildings in downtown, and a full health center - a rarity for small towns. A declining population and the shuttering of major businesses contributed to the decline of Monson. The Libra Foundation's philanthropic efforts have spurred enthusiasm within the town well known for being the last stop along the Appalachian Trail.

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  • Greensboro's Art-Dotted Greenway a Respite During COVID-19, and an Economic Engine After

    The Downtown Greenway in Greensboro was already underway when the coronavirus hit and it has turned out to be quite the respite and economic boon. The Greenway draws visitors in with trails, greenways, public art, local businesses, and "the first grocery store to open in 30 years in downtown.” $8.5 million was invested in the project, but it has already brought in $215 million in revenue. The Downtown Greenway was created in partnership with the city and nonprofit Action Greensboro, and while it's currently being used with social distancing, it'll still be there when the quarantine is over.

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  • Designing Accessible Communities

    Design students are being taught about accessibility and the challenges faced by those who live with disabilities at the Massachusetts College of Art and Design. While new construction must comply with basic accessibility standards, the course is taught in an effort to make accessibility a bigger factor when architects and designers build new developments.

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  • Baltimore Social Enterprises Turn Abandoned Homes into High-End Furniture and So Much More

    In Baltimore, a successful social enterprise collaboration involves employing formerly incarcerated people to deconstruct valuable old wood from abandoned homes, preparing the wood for production, then turning the wood into high-end furniture. The initiative has expanded by working with the U.S. Forest Service to repurpose fallen wood from around the country, and it has already found a new life for wood for at least 90 homes.

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  • Housing rents in big cities: What happens if we regulate them?

    Rising rents are being addressed through a variety of interventions in cities around the world. While rent control has worked in some cities, it has been a lesson of what does not work for others. Policies to keep rent affordable have included negotiations between tenants and landlords, limiting price increases, and even freezing rents. The effects - both long and short term - of these measures have all depended on the fluctuating variables in each city.

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