Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • Why aren't we mining landfills for valuable materials like metals and soil?

    Across the country, projects that mine landfills for reusable metals and soils are underway. Can such mining prove profitable enough to spur similar efforts on a grand scale? So far, some projects have seen profits while others have not. But as society increasingly values pollution and greenhouse gas reduction, incentives for refuse mining can only grow.

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  • Taking Steps Toward a Community-Controlled Economy in Boston

    The Boston Ujima Project is on “a mission to create an alternative economy,” one that is inclusive on all measures. The main initiative is a community capital fund, which is considering foregoing collateral on loans in exchange for other creative metrics, in the hopes of extending loans to those often excluding from traditional banking and investment. They are also creating a timebanking initiative, where labor that benefits the community can be used as a form of currency. An accessible Boston workshop cemented the group’s commitment to being community-driven.

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  • Stopping scams takes teamwork

    In cases of exploration and scamming, particularly of senior citizens, Richland County, Ohio has found that teamwork and collaboration between local agencies is key. Those agencies include Adult Protective Service, the Area Agency on Aging, and Police Departments working together to catch exploiters and return money to its rightful owners.

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  • This Radical Bank Will Free People Of Debt By Literally Blowing It Up

    The Hoe Street Central Bank is an artist run project that raises money through events taking place in a former bank and sells prints designed to mimic paper money. Through the money they raise, the organization buys and eliminates private debt as well as makes donations to organizations affected by austerity measures.

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  • PA Banking On New Program Providing Inmates With Financial Savvy To Succeed

    Two state agencies in Pennsylvania collaborated to launch a program that trains inmates on financial literacy skills in an effort to curb recidivism. The Department of Corrections and the Department of Banking and Securities have reached more than 4,300 inmates through the classes, many of whom have been inside for years and may have never had bank accounts. Research found having a bank account is strongly correlated with not returning to prison and higher employment rates.

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  • Here's What Investing in Economic Justice Looks Like

    Hope Credit Union has a mission: serving mostly black, marginalized communities in the South whose capital was historically displaced through slavery. In 2017, the credit union gave out $100 million in loans. ‘That total includes 61 business loans, 2,825 consumer loans, and 287 home mortgages, of which 87 percent went to first-time homebuyers.”

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  • Low-cost housing project begins next month

    Kenya is launching a program to build more affordable housing by providing infrastructure like water and roads, as well as funding from the World Bank and lower levies on the cost of doing business in order to attract private investors. The government will also provide land to investors on the condition they provide 20,000 low-income units for every 100,000 they build. But the plan faces major challenges including clear title and rising construction costs.

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  • A Boost for the Worker-Owned Economy

    Over two million baby boomers own their own companies, and with retirement looming, the government stepped in with a solution. A portion of a 2018 federal bill included language that will push the Small Business Administration to help baby boomers transition ownership of their companies to their employees if they wish. This will mitigate job loss often associated with a retiring business owner putting the company up for sale. Employee owners on average make a higher salary and have higher job stability, supporting the idea that employee ownership is beneficial for everyone involved, as well as for the econom

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  • Switching to LPG for habitat recovery and wildlife conservation

    In rural communities, firewood extraction hurts both human health and wildlife habitat. In India, a group of conservationists are helping villages switch from wood-burning to liquified petroleum gas. While logistics around refills are still being ironed out, the program has already produced noticeable results.

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  • How impact investors can better serve communities: ask them what they need

    Impact Experience is an organization that bridges the gap between impact investors and the communities in which they want to invest, from West Virginia to Houston and more. These “experiences” occur during retreats in cities across the country that could use investment. Jenna Nicholas, the founder of Impact Experience, uses this time to help people build genuine relationships that lead to long-lasting investments. In Williamson, West Virginia alone, the experiences have led to $25 million in local funding.

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