Convening, Recruiting, and Connecting People Who Repair Local Economies
Mixed Income Neighborhood Trusts, or MINTS, were a brand new concept three years ago, but Trust Neighborhoods has quickly grown from two buildings in one city to 170 residences in five cities. MINTS are a rare economic justice innovation that found the right inflection point in the system at just the right point to halt […]
The influential Aspen Institute has decided that the goal of their Future of Wealth initiative is to see Black family wealth grow ten-fold over the next twenty-five years. This would bridge a significant chunk out of the racial wealth gap; the average white family has 10x the assets of the average Black family. Aspen’s grounding […]
CategoriesAccess to Capital Catalytic Capital Church Assets in Transition Faith + Finance Faith on Main Street Lining Up Endowments with Missions Local Economic Policy Local Mission-Guided Investing Neighborhood Investment Trust Ownership Matters Racial Wealth GapFOR IMMEDIATE RELEASE Neighborhood EconomicsAnna Golladayanna@faithfinance.netwww.neighborhoodeconomics.org Barber Joins Neighborhood Economics to Help Get Money Into the Hands of People Who Don’t Normally Get It (Asheville, North Carolina; Portland, Oregon – September 29, 2022) Leroy Barber, co-founder and president of the Voices Project, has been appointed Executive Director of Neighborhood Economics, effective October 1, 2022. Neighborhood […]
CategoriesCatalytic Capital Racial Wealth GapDerek Peebles has a clear vision of what he wants to accomplish leading Cincinnati’s Common Good Collective. “We want to create Black wealth in our community,” said the 30-something African American who also leads Amiba, a national association of independent businesses. Nationally, the average white family has $140,000 and the average Black family has $14,000 […]
When we held the transform conference a couple of years ago, we decided we would not focus on regenerative agriculture and forestry, though that, as has been shown, was the largest market opportunity; it’s been growing at an accelerating rate. At our core, however, we, the founders of SOCAP, realized that we care about, and […]
CategoriesCatalytic Capital Faith + FinanceOriginally published at Faith+Finance on September 17, 2021 Sister Corinne Florek has been called the Godmother of Community Development Finance; leading Catholic women’s religious orders to invest into marginalized communities all over the country and the world, in response to the Gospel. She led in creating a fund that now includes channels the investments of […]