Page 8 - Impact Alpha News Today

The Predistribution Initiative is devoted to reducing inequality by changing the basic business practices of Wall Street. What will it take for it to succeed?

Join Senior Economics Correspondent Oscar Perry Abello for the latest in his webinar series that goes beyond the issues of equitable economic development to talk to the people who do the work.

The movement is gaining traction to change DAFs to benefit historically low-income communities instead of Wall Street.

In Boston, the CommonWealth Kitchen has cooked up a successful model of community economic development by incubating businesses in a predominantly Black neighborhood. Crucially, financial profit was not the main goal but the real rewards might be invaluable.

The real estate industry has long had a whiteness problem. An emerging developer of color challenges the state to help fix the appraisal gap and other injustices.

Join Next City's Senior Economics Correspondent Oscar Perry Abello this month as he talks to Saki Bailey of the San Francisco Community Land Trust (SFCLT). The SFCLT recently completed a $9.4 million acquisition of a building with 40 apartments using zero public subsidies in the middle of a notoriously competitive real estate market (which we covered here). We will talk with Bailey about her career as an attorney, policy advocate, and researcher on shared equity ownership models, curren...

What witnesses said about community reinvestment, small business lending, personal relationships with bankers and more.

The legislation decriminalizes unlicensed massage. Current enforcement disproportionately impacts Asian immigrant women, with penalties of up to four years in prison.

Watch Next City’s Senior Economics Correspondent Oscar Perry Abello in the latest webinar series that goes beyond the issues of equitable economic development to talk to the people who do the work.

The stated mission of the proposed Philadelphia Public Financial Authority is to support Black-owned businesses and other businesses in neighborhoods that have historically lacked access to credit.