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Oscar Perry Abello ×
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Oscar Perry Abello

29 June 2021

Chicago, Illinois, United States

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A worker-owned cooperative in Chicago got the financial boost it needed to secure a commercial space for expansion through a city fund. The Chicago Community Trust allowed ChiFresh Kitchen to make their business plan ...

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Oscar Perry Abello

15 June 2021

Lexington, Kentucky, United States

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Locally owned restaurant delivery platforms charge lower commissions than national giants like GrubHub, allow customers to order food on smart-phone apps, and have found ways to be profitable while also keeping money ...

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Oscar Perry Abello

25 May 2021

San Francisco, California, United States

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In just its first few weeks of existence, the U.S. Small Business Administration's Restaurant Revitalization Fund approved more than $6 billion in aid to 38,000 restaurants and other food vendors suffering economicall...

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Oscar Perry Abello

18 May 2021

San Francisco, California, United States

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“UNDSCVRD SF," funded by the SOMA Community Stabilization Fund and produced by the nonprofit Kultivate Labs, is a night market held once a month from July to November that features a range of Filipino vendors. There ...

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Oscar Perry Abello

17 May 2021

San Francisco, California, United States

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San Francisco-based New Resource Bank was launched with environmental sustainability lending as its niche. But it pursued easier profits for a time, risking its survival and mission until a new CEO turned its fortunes...

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Oscar Perry Abello

13 April 2021

Oakland, California, United States

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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 ordinar...

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Oscar Perry Abello

31 March 2021

New York, United States

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Community health care centers across the U.S. are funded by the 340B drug discount program, which requires "pharmaceutical companies to provide up-front discount pricing on certain medications to qualified private ent...

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Oscar Perry Abello

30 March 2021

New York, New York, United States

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Community banking empowers marginalized communities that are not able to secure financing for homes and businesses through traditional financing. Establishing community banks allows members of these communities to byp...

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Oscar Perry Abello

23 March 2021

Jackson, Mississippi, United States

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Beneficiaries of a guaranteed income program in Mississippi have benefitted from monthly cash payments that they are free to spend however they need to. Known as Magnolia Mothers, the program has allowed mothers to pa...

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Oscar Perry Abello

9 March 2021

New York, New York, United States

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An equitable alternative to Uber and Lyft is giving drivers ownership of a ride-hailing platform with many perks that aren’t available to workers in the gig economy. The Drivers Cooperative is providing drivers with l...

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Oscar Perry Abello

16 February 2021

Oakland, California, United States

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Firebrand Artisan Breads hires people with high barriers to employment, such as people experiencing homelessness or who were formerly incarcerated. The higher-than-minimum-wage starting salary, paid time off, and insu...

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Oscar Perry Abello

28 January 2021

United States

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Cooperatives are getting the funding they need through a “nationwide network of loans funds and incubators that specialize in supporting and investing in cooperative businesses.” Coops lack access to traditional fundi...

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Oscar Perry Abello

26 January 2021

Baltimore, Maryland, United States

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A worker-owned cooperative in Baltimore is giving employees an “alternative to exploitation in traditionally-structured enterprises.” Employees at ice cream maker Taharka Brothers can eventually qualify for ownership,...

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Oscar Perry Abello

21 January 2021

United States

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Driver cooperatives are providing an alternative for gig workers who use ride-hailing apps to make a living. Though the pay isn’t high, drivers are paid fairly for the time they spend working, have stable schedules an...

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Oscar Perry Abello

14 January 2021

New Orleans, Louisiana, United States

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Community land trusts typically provide affordable housing but now one is responsible for the revival of a family business in New Orleans. Commercial community land trusts are emerging as viable solutions for tenants ...

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Oscar Perry Abello

8 September 2020

Chicago, Illinois, United States

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Investors are using their clout to call for racial justice through the investment consulting firm Activest. The firm is attracting millions of dollars from companies that want to make fiscal justice investments. In a ...

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Oscar Perry Abello

21 May 2020

Minneapolis, Minnesota, United States

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An American nonprofit called the Community Reinvestment Fund expands access to small business loans by partnering with almost two dozen groups across the country to set up and scale up their community development lend...

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Oscar Perry Abello

14 May 2020

Chicago, Illinois, United States

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ChiFresh Kitchen is a worker-owned cooperative that gives formerly incarcerated people an income, and a second chance, under a corporate structure that attacks high unemployment from the ground up. Formed as a caterin...

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Oscar Perry Abello

5 May 2020

United States

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A home health care cooperative, based in NY, turned to a worker-owned cut and sew cooperative, based in NC, to produce masks for their employees when they were unable to source them elsewhere. The cost of masks and g...

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Oscar Perry Abello

30 April 2020

United States

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CNote has provided a source of funding for federally certified Community Development Financial Institutions by pooling cash from foundations, bigger banks, philanthropists, and donor-advised funds to counter the lack ...

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Oscar Perry Abello

29 April 2020

Bismarck, South Dakota, United States

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The Bank of North Dakota is the only state-owned bank in the country, and their lending program is so effective that the federal government followed suit in the face of the unprecedented coronavirus. North Dakota's pr...

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Oscar Perry Abello

28 April 2020

Oakland, California, United States

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A nonprofit called Common Future is acting quickly to support business owners during the coronavirus crisis. Their board allocated a set amount of money specifically to keep on hand as a rapid response fund, and by ea...

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Oscar Perry Abello

21 April 2020

Massachusetts, United States

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The stimulus checks sent out by the U.S. government in an attempt to alleviate the economic stress caused by the quarantine do not account for those who are undocumented, mixed-status families, and people who don't qu...

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Oscar Perry Abello

14 April 2020

Chicago, Illinois, United States

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An online tool called Mighty serves as a “Tripadvisor” for banks, connecting users with publicly-available data on how banks across the United States use their money so that they can make informed decisions when it co...

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Oscar Perry Abello

7 April 2020

Topeka, Kansas, United States

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In Topeka, Kansas, the local Chamber of Commerce, tourism bureau, and other nonprofits launched the “Helping Others Support Topeka,” or HOST Relief Program, which provides unemployed people $250 in local gift cards, f...

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