How tax credits and social finance are building a healthy future for Nova Scotians

A dollar sign forms one of the columns of a stately building

From Diane Berard / Future of Good: Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings together investors and farmers using this funding method to provide loans that will directly support the local food network.

Click here to read the original story.

Find other articles covering creative finance solutions.

More Resources:

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...

Paula Daniels co-founded the Center for Good Food Purchasing, a national initiative promoting sustainable food systems, building on her work as founder of the Los Angeles Food Policy Council. With a career spanning private law and public service, she focuses...

Anita Chandra (she/her) is vice president and director of RAND Social and Economic Well-Being and a senior policy researcher at RAND. The division that she leads covers a range of topics at the intersection of social and economic policy and...

Noor Jehan is an Inclusive Innovator and Blue Economy specialist, leading community development programs across Africa. With extensive experience in various sectors in South Africa, Southeast Asia, and the UK, Noor Jehan is passionate about working with communities to create...

From Oscar Perry Abello / Next City: With funding from city governments, the nonprofit RIP Medical Debt acquires and cancels medical debt by negotiating directly with hospitals. The only requirement is being under 400% of the federal poverty line and...

Karina Viquez is the Program Director of the Certificate in Regenerative Entrepreneurship at the University for International Cooperation (UCI) in Costa Rica. She has over 10 years of experience playing key roles in impact learning, regenerative program design, development project...

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.