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

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  • Philly Is Giving Free SEPTA Rides to 25,000 Low-Income Residents. No Strings Attached.

    A pilot program in Philadelphia is providing low-income residents with unlimited free rides on public transportation, which they may not otherwise be able to afford. Participants did not need to apply and were selected by lottery or through community-based organizations.

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  • How a $500 monthly stipend for families impacted children's grades and parents' sense of self

    A guaranteed income program in Cambridge, Massachusetts, provided 130 single caregivers who made below 80% of the local median income with $500 cash payments, no strings attached. The 18-month program, Cambridge Recurring Income for Success, helped participants increase their savings, cover emergencies, and spend more time with their children.

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  • How Does Paris Stay Paris? By Pouring Billions Into Public Housing

    Despite soaring housing costs, the city government in Paris aims to achieve mixité sociale. That essentially means it's preventing economic segregation to ensure residents from a broad cross-section of society reside in the city and own businesses there. It’s doing so by nabbing real estate to create public housing and providing real estate subsidiaries for small businesses.

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  • Fewer Illinois residents using payday lenders after state capped interest rates

    The Predatory Loan Prevention Act caps loan interest rates at 36%, including all fees. Before the Act passed, rates were extremely high, including 297% for payday loans and 178% for auto-title loans. The Illinois Legislative Black Caucus pushed for the Act to pass in an effort to close the racial wealth gap and address socioeconomic disparities, as these high-interest rates historically affected minority groups.

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  • Empowering Black Farmers and Landowners With Solar Energy

    The renewable energy company EnerWealth Solutions is helping Black farmers in the Carolinas install solar panels among their crops so they can benefit financially from the solar boom with a consistent stream of income.

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  • Can Baby Bonds Deliver on Promise to Close Rhode Island's Wealth Gap?

    Connecticut and several other East Coast states are implementing baby bond programs to help children in low-income families generate wealth. The programs create trust funds for babies born into families on public health insurance that are managed by the state until they turn 18.

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  • Minneapolis solar nonprofit is proving patience can bring results to lower-income residents

    The nonprofit Solstar provides free solar panels to lower-income homeowners in Minneapolis by encouraging wealthy individuals to invest in its solar panel installations and cover the costs. The investors earn a modest return on their investment from Solstar and can take advantage of tax credits, while the homeowners see a drop in their electricity bills.

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  • Free Bus Passes Are Giving Indian Women More Financial Freedom

    States across India are providing free bus passes for women so they can afford to join the workforce and have more financial independence.

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  • How WhatsApp provides financial lifelines to Nigerian women

    Groups of women in Nigeria are forming rotating savings programs on WhatsApp because formal banking is often inaccessible. Essentially operating like an informal credit union, each member of the group gives an equal amount to a chosen admin, and a payout is given to a different member every month based on need.

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  • How Guaranteed Income Is Helping Black Women Battle Gentrification

    The Georgia Resilience and Opportunity Fund’s In Her Hands initiative provides monthly stipends to Black women with no strings attached, to help them combat poverty. Payments average $850 dollars per month and recipients have full control over how it is spen.

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