Evanston has an affordability problem – community land trusts can help

From Duncan Agnew / Evanston RoundTable: Through a land trust, Community Partners in Affordable Housing sells homes to buyers at a fixed cost while maintaining ownership of the land they’re built on, allowing those who wouldn’t otherwise be able to afford market-rate housing to become homeowners. Some of the homes are even built by high school students enrolled in a local Geometry in Construction program.

Read the original story here.

Issue Areas:

Community Wealth Building, Housing, Land Trust, Poverty Reduction Measures

Impact Areas:

Creating New Economic Paradigms, Distributed Trust and Power, Equity

Actors:

K-12 Education, Nonprofit / NGO

Communities Served:

Communities Experiencing Economic Hardship

Strategies:

Easing Economic Burdens for Individuals

Success Factors:

Eliminating Barriers, Empowering People, Expanding Access, Leveling the Playing Field, Meeting People Where They Are At, Using Creative Financing

Geographic Region:

North America

Countries:

United States

Date:

September 20, 2023

More Resources:

Students, schools agree NV tuition waiver program for Native Americans is off to a promising start

From Jennifer Solis / The Nevada Current: A new law in Nevada prohibits the state system of higher education from charging tuition to Native American students who are members of tribes in Nevada. Read the original story here. Read more...

Conversation with Matt Prewitt

Matthew Prewitt is RadicalxChange Foundation’s president, a writer and blockchain industry advisor, and a former plaintiff’s side antitrust and consumer class action litigator and federal law clerk. Prewitt spoke with Ashley Hopkinson on January 25, 2024. Click here to read the...

Climate disasters hit poor people hardest. There’s an obvious solution to that

From Sigal Samuel / Vox: An effective way to help those most vulnerable to climate disasters is by providing just-in-time cash transfers right before a disaster hits for them to use as they see fit for resilience and climate change...

Portland group works to make wealth redistribution a reality through real estate

From Tiffany Camhi / OPB: Volunteers of the PDX Housing Solidarity Project are working to redistribute generational wealth through homeownership in Portland. The project connects people with ample resources to Black and Indigenous homebuyers and helps facilitate cash gifts, no-interest...

Conversation with Mariana Madureira

Mariana is the co-founder of Raízes Sustainable Development. She has a wide experience in management of collaborative projects, sustainable tourism, and dialogue with traditional communities. She enjoys formulating strategies in order to bring collective dreams into reality and has always...

Universal basic income transfers better than subsidies; Madhya Pradesh model shows improvement in living standards

From Sunil Jain / The Financial Express: SEWA-INBI pilots a basic universal income program for two villages in Madhya Pradesh. These funds enabled residents to pay for facilities and electricity in their homes, buy better cooking fuel, increase the weight...