Trust Neighborhoods: Difference between revisions
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Trust Neighborhoods has link [[https://trustneighborhoods.com/]] has gone from two apartments three years ago, to 170 in three years with $60m in assets in five cities. A viral solution to rent stabilixation with ownership following. | |||
We create Mixed-Income Neighborhood Trusts (MINTs), operated by and accountable to existing community organizations. MINTs harness the money coming into communities to keep rent affordable for existing residents. | |||
Too many have suffered from racism and disinvestment in their neighborhoods. Across the country, communities are being torn apart because residents are being priced out of the neighborhoods they have called home for decades. Just as resources and new opportunities come to a community, its longtime inhabitants get pushed out. This is wrong. This is unjust. We believe this is avoidable. | |||
We are working towards an alternative: cities with inclusive, mixed-income neighborhoods. These diverse and dynamic neighborhoods will deliver better economic, social, and health outcomes, especially for lower-income residents. | |||
Our team spoke with dozens of neighborhood-based organizations across the U.S., and a consistent need came out of those conversations. Neighborhoods want control over development in their neighborhoods, and they want a way to help renters continue to afford their homes. | |||
We know neighborhoods matter, and we want to put people in charge of how their communities develop. We can't stop change from happening, but we can give power to local residents and community leaders to spearhead more of that change | |||
Back to [[MINT]] | |||
Latest revision as of 08:35, 21 August 2023
Trust Neighborhoods has link [[1]] has gone from two apartments three years ago, to 170 in three years with $60m in assets in five cities. A viral solution to rent stabilixation with ownership following.
We create Mixed-Income Neighborhood Trusts (MINTs), operated by and accountable to existing community organizations. MINTs harness the money coming into communities to keep rent affordable for existing residents.
Too many have suffered from racism and disinvestment in their neighborhoods. Across the country, communities are being torn apart because residents are being priced out of the neighborhoods they have called home for decades. Just as resources and new opportunities come to a community, its longtime inhabitants get pushed out. This is wrong. This is unjust. We believe this is avoidable.
We are working towards an alternative: cities with inclusive, mixed-income neighborhoods. These diverse and dynamic neighborhoods will deliver better economic, social, and health outcomes, especially for lower-income residents.
Our team spoke with dozens of neighborhood-based organizations across the U.S., and a consistent need came out of those conversations. Neighborhoods want control over development in their neighborhoods, and they want a way to help renters continue to afford their homes.
We know neighborhoods matter, and we want to put people in charge of how their communities develop. We can't stop change from happening, but we can give power to local residents and community leaders to spearhead more of that change
Back to MINT