From Josh Cohen / CrossCut: In Seattle, Homestead Community Land Trust and Habitat for Humanity Seattle-King County help low-income residents buy homes using a community land trust model. Residents who make under 80% of the local median income can purchase a home at a rate far below the median home price in the city from a set portfolio of homes.
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From Pien Huang / NPR: In an effort to improve child healthcare, a program at the Harbor-UCLA Medical Center matches low-income families with financial coaches when they come in for their child’s appointments. The coaches help them address financial stressors,...
From Katherine Latham / Reasons to Be Cheerful: In the United Kingdom, the supermarket Iceland Foods gives out interest-free microloans on pre-loaded cards during school holidays for families to spread out their grocery bills over time when finances are most...
From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.
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From Annie Banerji / Christian Science Monitor: Microfinance institutions in India are providing low-cost loans to women in remote areas who typically only have access to loan sharks. The women are using the money to break poverty cycles and start their...
From Marjolein Koster, Ties Gijzel / Reasons to Be Cheerful: A randomly selected group of lucky Germans are reaping the benefits of a guaranteed monthly income. An organization raffles off a year’s worth of guaranteed monthly income, allowing recipients to...
From CBS News: The Nehemiah project began in the 1980s building privately-owned homes on land that nobody wanted in East Brooklyn and sold the homes at prices that were affordable to working class families. Church and community organizers mobilized local...
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