Page 5 - Impact Alpha News Today

Watch Senior Economic Justice Correspondent Oscar Perry Abello in conversation with Angela Dowell, Chief Financial Officer at Chicago Community Loan Fund — the latest in Next City’s Bottom Line Conversations webinar series. In our last edition of Bottom Line Conversations, we talked about how the landscape for community-controlled real estate has changed (or not changed). One theme that emerged was the tension of perceived versus actual risk. For a project that is community-owned, or...

News that Patagonia’s ownership was transferred into a perpetual purpose trust has sparked so much conversation that it even trended on Twitter. But misinformation spread along with it.  Next City first reported on the model in 2019 and has covered its iterations. So what exactly is a “perpetual purpose trust” and how can it work for businesses both small and large? We’ve assembled a panel of the experts behind this movement. These leaders are making businesses that ...

From Philadelphia to Chicago, the push for public banking is gaining momentum. Advocates still have some serious questions to confront.

Black retail spaces across the country are worth an aggregated $171 billion less than they should be worth, simply because they are located in majority-Black neighborhoods, says a new report. What does that actually mean?

Join Next City's Senior Economic Justice Reporter, Oscar Perry Abello as he and other experts set the record straight about perpetual purpose trusts. 

A rare new credit union embodies the original, long-forgotten vision for community development finance.

Senior Economics Correspondent Oscar Perry Abello talks with Angela Dowell, chief financial officer at Chicago Community Loan Fund, about what it takes for lenders to get more creative and take on projects by new or emerging developers or community-ownership models that can be perceived as riskier.

Beneficial State Bank just recieved a massive investment from the U.S. Treasury under the Emergency Capital Investment Program. How will the new federal funds change these banks' ability to reach more people?

Watch Senior Economics Correspondent Oscar Perry Abello in conversation with Devin Culbertson, VP of Innovative Finance at Grounded Solutions — the latest in Next City’s Bottom Line Conversations webinar series. Community land trusts, or other forms of community-owned and controlled real estate, continue to make incremental progress across the country. The model has also moved beyond housing or agriculture in acquiring larger, more complicated commercial and cultural projects. As we ...

Watch Senior Economics Correspondent Oscar Perry Abello in conversation with Devin Culbertson, VP of Innovative Finance at Grounded Solutions — the latest in Next City’s Bottom Line Conversations webinar series. Community land trusts, or other forms of community-owned and controlled real estate, continue to make incremental progress across the country. The model has also moved beyond housing or agriculture in acquiring larger, more complicated commercial and cultural projects. As we ...