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  • In Nashville, Using Loan Guarantees to Fund Affordable Housing Preservation

    Urban Housing Solutions, a Nashville nonprofit housing developer, made a $19.2 million investment to preserve 165 apartments for people earning in the mid-30s. In a tight and expensive housing market where aggressive investors often outflank nonprofits seeking to provide lower-cost housing, UHS financed the purchase with a bank loan that will earn the lender state tax credits and that was secured by four philanthropic foundations' funds as collateral. The transaction was a first in Nashville for the use of community investment tools to preserve lower-cost housing.

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  • This South L.A. startup will turn your front lawn into a farm

    A startup in California called Crop Swap LA is converting unused front yards into community gardens that can grow crops like kale, rainbow chard, and tomatoes as a way to feed neighbors. Community members can pay for subscriptions for up to $43 a month to receive a bundle of greens and vegetables from the microfarms and homeowners get a share of the profits. Each garden needs to have the proper maintenance, which can make it difficult to scale, but these gardens can help provide access to food to those who don’t have a grocery store in their area.

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  • Sun Peaks' potential journey to economic sustainability

    Whistler, Canada, has taken specific steps to work towards economic sustainability. Those measures include affordable housing for workers, a year-round tourism model, and amenities that contribute to a high quality of life for residents. Whistler has created a model that Sun Peaks, British Columbia, could benefit from implementing as well.

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  • Beautiful on its own: Boulder County housing authorities employ human-focused design to improve outcomes for affordable housing residents

    In land-scarce Boulder, where high demand has priced many people out of the housing market, government-funded affordable housing has used human-focused design to look every bit as attractive as more expensive housing. Mixed-income developments like 30Pearl, accommodating formerly unhoused and developmentally disabled people, among others, combine quality construction and spacious design with a variety of programs like day care and job training, to improve residents' living conditions.

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  • Africa's Solar Street Lights Offer Glimmer of Potential

    Solar-powered street lights have replaced the shoddy conventional lighting in Jinja City, Uganda. Solar-powered panels and batteries power lighting that is not only cheaper but is also more reliable and has resulted in social and economic benefits too. Safer streets, higher business revenue for businesses that can operate at night, and a boost in the tourism industry are just a few of the positive outcomes.

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  • The Atlanta BeltLine Wants to Prevent Displacement of Longtime Residents. Is it Too Late?

    The Legacy Resident Retention program is helping longtime homeowners remain in their homes despite rising taxes and property values in Atlanta, Georgia. The program aims to mitigate gentrification and displacement as a result of the Atlanta Beltline development and has helped 21 families by covering the cost of increased property taxes.

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  • How to Resolve Community Conflicts

    Community organizing effectively blocked many development projects on O‘ahu that, while involving desirable outcomes like renewable energy, public parks, or affordable housing, failed to consider input from local communities about the potential impact of the developments. Some developers engage local stakeholders early and often in the process, finding that small changes to plans can sometimes avoid conflict altogether. Companies, such as Hawaiian Electric, require community outreach in the first stage of all projects, which has led to the creation of long-term value and positive social impact programs.

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  • Want to Move to Our Town? Here's $10,000 and a Free Bike.

    Several American cities are attracting potential residents with stipends for down payments and curated experiences for the new transplants. With remote work on the rise, people have more flexibility in choosing a place to live. New residents that purchase homes and remain long-term have the potential to give smaller cities and towns an economic and social boost.

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  • A lot of moving parts: A rundown on affordable housing in Boulder County

    Almost since housing costs shot up in Boulder County in recent decades, the city of Boulder and surrounding communities have used a variety of methods to protect working-class residents from being priced out of a luxury-dominated market. Some of the measures have bumped affordable-housing inventory up a few percentage points. But the numerous special taxes and incentives, plus coordination by a regional housing body, still fall far short of meeting the need thanks to two main factors: lack of funding and building-density restrictions. This story opens a series on what more can be done.

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  • This Real Estate Co-Op is Looking for Investors Who Want to Put Community First

    The 2012 federal JOBS Act (Jumpstart Our Business Startups) took some time to gain traction, but in recent years it has democratized the financing of worker-owned co-ops and other community-based entities that ordinarily would be frozen out of capital markets. By making possible what is called a direct public offering, the law has made it easier to finance businesses that promise greater social benefits than just profit maximization, by opening investment opportunities to a more diverse and egalitarian mix of investors.

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