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Nonprofit Fund Raises Private Dollars To Buy Affordable Housing – Before Private Equity Does

Leo Miranda

July 26, 2024 |

Next City |

Text |

Under 800 Words

Response Location: United States

The housing and homelessness nonprofit Community Solutions raised $135 million in private capital to create a fund to buy housing properties and keep them permanently affordable. It promises investors modest returns and looks to buy properties in good condition close to necessary services like grocery stores and health care.

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A Private School In Kuje Where Students Pay N100 A Day

Chinonso Kenneth

July 03, 2024 |

The Solutions Paper |

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800-1500 Words

Response Location: Nigeria, Kuje, Federal Capital Territory

The Knowledge, Solutions, Skills and Kreativity school (KNOSK) enrolls low-income students at a much more affordable tuition rate than other public and private school options, giving children who would otherwise drop out access to education. The school currently serves 151 children with its first group of graduates set to finish in 2025.

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A mother's calling: Inside the fight to make prison phone calls free

Candice Norwood Bria Lloyd

May 31, 2024 |

The 19th |

Text |

Over 3000 Words

Response Location: United States, Hartford, Connecticut

Advocates in Connecticut worked with the nonprofit Worth Rises to successfully campaign for a law that made phone calls and emails free in the state’s prison system. Expensive communication was a barrier for people who are incarcerated and their families, often impacting their mental health, relationships, and financial well-being.

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

Thomas Fuller

March 17, 2024 |

The New York Times |

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1500-3000 Words

Response Location: France, Paris

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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Young, educated and (trying not to be) broke — how some younger borrowers see Biden's SAVE plan

Lauren Gallup

February 28, 2024 |

Northwest Public Broadcasting |

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1500-3000 Words

Response Location: United States

The United States’ Saving on a Valuable Education plan bases enrolled borrowers’ student loan payments on their monthly discretionary income to help lower the rate. The federal government covers any interest above the minimum monthly payments, which can be as low as $0, and some of the debt will be forgiven.

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How Mill Creek mobile home residents bought the land under their feet

Aina de Lapparent Alvarez

February 21, 2024 |

The Everett Daily Herald (HeraldNet) |

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1500-3000 Words

Response Location: United States, Mill Creek, Washington

ROC USA helps residents of manufactured home communities form co-ops to purchase the property their homes are built on, giving residents more stability and control over where they live. The organization has helped create 312 manufactured home communities in 21 states since 2008.

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Comox Valley Farmers' Market coupon needs have 'skyrocketed'

Madeline Dunnett

February 07, 2024 |

The Discourse |

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Under 800 Words

Response Location: Canada, Comox Valley, British Columbia

The BC Farmer’s Market Nutrition Coupon Program in British Columbia, Canada, provides lower-income families and seniors with coupons to purchase food at farmer’s markets. The program improves food security by ensuring more people have access to fresh, healthy food and supporting local farmers.

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Minnesota schools testing electric buses find benefits and barriers

Dan Gunderson

January 30, 2024 |

MPR News |

Multi-Media |

800-1500 Words

Response Location: United States, Morris, Minnesota

After adding electric school buses to its fleet with the help of grant funding, Morris Area Schools saw its fuel costs drop from about $3 per gallon to the equivalent of about $1 a gallon. Each bus is estimated to help cut roughly 140 tons of carbon emissions over its lifetime.

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

Frank Jossi

January 29, 2024 |

Energy News Network |

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800-1500 Words

Response Location: United States, Minneapolis, Minnesota

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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NM endowment offers perpetual funding source for rural libraries

Diana Alba Soular

January 26, 2024 |

Southern New Mexico Journalism Collaborative |

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1500-3000 Words

Response Location: United States, New Mexico

The New Mexico Rural Library Initiative advocated for an endowment fund to create a perpetual funding source for a group of community libraries in small, low-income towns. The money in the fund is invested, and the interest earned is distributed to the libraries each year.

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