Can Guaranteed Income Prevent Gentrification?

From Oscar Perry Abello / NextCity: In Louisville, community organizers are betting that a guaranteed income program will reduce community violence in disinvested neighborhoods – and protect against displacement of residents.

Read the original story here.

Find other articles about wellbeing initiatives.

Issue Areas:

Community Wealth Building, Inclusive Growth, Poverty Reduction Measures

Impact Areas:

Creating New Economic Paradigms, Equity

Actors:

Government, Nonprofit / NGO, Philanthropy and Social Impact Investors

Communities Served:

BIPOC Communities

Strategies:

Changing Narratives, Easing Economic Burdens for Individuals, Reallocating Government / Public Financing

Success Factors:

Attacking Root Causes, Empowering People, Expanding Access, Help Rather Than Punishment, Providing Cash Instead Of Goods/Services

Geographic Region:

North America

Countries:

United States

Date:

May 30, 2023

More Resources:

Conversation with Luis Camargo

Luis Camargo is the Founder and Director of the Organization for Environmental Education and Protection (OpEPA). OpEPA is a non-profit organization that holds registrations in both Colombia and the USA and is dedicated to promoting nature-based and regenerative education, heritage...

What America can learn from Canada’s new ‘$10 a Day’ child care system

From Jackie Mader / The Hechinger Report: The $10 a Day initiative, which started in British Columbia and is now being expanded throughout Canada, subsidizes child care centers so that tuition for families can be capped at a more affordable...

Conversation with Philip Rosedale

Philip Rosedale is a co-founder and advisor of High Fidelity, a company devoted to exploring the future of next-generation shared virtual reality. Prior to High Fidelity, Rosedale created the virtual civilization Second Life and has also worked on experiments in...

Conversation with Yuliya Panfil

Yuliya Panfil is a senior fellow and director of New America Future of Land and Housing program. Prior to joining New America, Panfil worked at Omidyar Network, where she sourced and managed property rights investments, and as a land governance...

Conversation with Hannah Rothschild

Hannah Rothschild is Lead of Knowledge Uptake and Communications at Bernard van Leer Foundation. Her background is a merged expertise in urban policy, multi-stakeholder collaboration, and strategic communication. Previous diverse roles, ranging from environmental start-ups to international organisations, have deepened...

How some low-income buyers can afford a home in pricey Seattle

From Josh Cohen / CrossCut: In Seattle, Homestead Community Land Trust and Habitat for Humanity Seattle-King County help low-income residents buy homes using a community land trust model. Residents who make under 80% of the local median income can purchase...