An Equitable Development Initiative was launched as a result of a racial equity analysis that gauged the effect that Seattle’s economic growth would have on communities of color. Funding for the initiative has gone toward capital for these communities to purchase real estate and develop projects that build up affordable housing, child care, food security, and other issues that would best serve longtime residents and prevent gentrification.
Read MoreNashville Mayor Megan Barry is developing a comprehensive strategy for affordable housing to help address the challenges of rising property prices and gentrification for the city's poor and minorities. The city is helping influence more inclusive growth patterns through financial incentives like the Barnes Affordable Housing Trust Fund.
Read MoreA collective of artists in Seattle bought real estate for a community center with the help of city funding. Known as Black and Tan Hall, the space drew funding and sweat equity from community members who sought a safe and affordable place to gather. The initiative to buy the building is “an anti-gentrification model that combats displacement, keeps dollars hyper local, and sustains good jobs.”
Read MoreBlack banks have been held up by leaders and celebrities in the community as a way to end Black poverty. Previous efforts have been made in the 1960s when Black banks gave loans to community members after being denied home loans from white banks. But those loans lost money when housing values declined as a result of redlining policies that damaged public schools. Black banking therefore was not the answer to ending Black poverty and bridging the gap between white and black wealth. One law professor believes the answer lies in public banking which is funded by tax revenue and acts as a public utility.
Read More"Land defenders" from the Six Nations blocked a planned housing development on contested land by swiftly moving to occupy the site, even after a police raid in which nine protesters were arrested. In place of the now-canceled development, the community erected a dozen tiny homes and a communal kitchen. The protest serves as a model for another occupation by members of the Kanien’kehá:ka Nation at Kahnawake, whose 75-day holdout protests a planned 290-unit housing development on land that is subject to the nation's unresolved claim.
Read MoreCommunity 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 being displaced by higher rents as well as the revitalization of historically Black centers of commerce. Commercial land trusts are an avenue for the Black community to have “economic self-determination.”
Read MoreThe Young Leaders of Staten Island (YSLI) was created in Staten Island to fight for social justice after young residents of the borough felt the local response to George Floyd's murder was not enough. YSLI mobilized hundreds of protesters to march in Staten Island's largest public protest of 1,800 people. The group has demanded justice through police reform and beyond, hosting voter registration and census completion drives. Their efforts have resulted in 125 people registering for the census and 85 people to vote.
Read MoreA "right-to-purchase" policy has enabled nonprofits to purchase residential buildings in gentrified neighborhoods in order to prevent the displacement of those relying on rent-controlled housing. Mission Economic Development Agency (MEDA) is a Bay Area nonprofit leading the cause to counter gentrification and prevent developers from purchasing residential buildings that house low and moderate-income households. MEDA has purchased and managed 32 buildings and is one of fewer than 10 nonprofits in the area that exercise the "right-to-purchase" policy.
Read MoreBlack Girl Ventures levels the playing field for women of color who seek capital for their business ventures. Entrepreneurs are invited to pitch their ideas at crowdfunded sessions, which means the funding varies depending on the size of the crowd and its willingness to invest. In addition to capital, BGV recognizes the need for minorities to access a network, mentoring, and business coaching to navigate the systems necessary to build a business. The nonprofit has chapters in several cities and works with local organizations that are already in place helping black businesses.
Read MoreTo combat excessive flooding in low-plain areas, cities like Charlotte are passing critical legislation that regulates fill-and-build development, a type of construction that leads to more intense flooding in vulnerable neighborhoods. Charlotte bases flood control plans off future conditions rather than current or past flooding areas, and the city charges a fee for homeowners that, in turn, provides dedicated funding for stormwater management
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