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.

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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 Sean Watson

Sean is the Chief Executive Officer of the Mountain Hazelnut Venture Private Limited in Bhutan. With innovative financing, Mountain Hazelnuts partners and innovates with smallholder farming households and community groups throughout Bhutan to generate long-term income, revitalize vulnerable communities, and...

Conversation with Paula Daniels

Paula Daniels co-founded the Center for Good Food Purchasing, a national initiative promoting sustainable food systems, building on her work as founder of the Los Angeles Food Policy Council. With a career spanning private law and public service, she focuses...

What one county agency is doing to keep its employees whole

From Cheryl Splain / Knox Pages: The Knox County Department of Job & Family Services has implemented a two-pronged approach to improve the wellbeing of employees. One addresses immediate needs through counseling and additional employee benefits and then a longer...

How Bogotá cares for its family caregivers: From dance classes to job training

From Rhitu Chatterjee / NPR: A unique program in Bogotá called Manzanas del Cuidado (Care Blocks) provides free activities and services to unpaid caregivers in local neighborhoods. These services span everything from wellness classes to professional training to educational courses....

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...

How Norway Built an Economy That Puts People First

From Isabella Breda / Yes! Magazine: Despite a nationwide months-long coronavirus lockdown in Norway, the economy was able to remain stable due to a “decades-long effort to create an equitable economy” that helped the government to enact a package that...