Changing Lives by Building Credit History — One Microloan at a Time

With the prices of solar technology dropping and the opportunity to save drastically on energy usage and costs, businesses and organizations across the country are investing more in solar infrastructure for their buildings and facilities. The Better Buildings Initiative of the US Department of Energy is helping by providing guidance and documenting effective approaches and financing for renewables installations - from hotels, to schools, to big box retail.

The technology world, plagued by a lack of privacy and security, is looking for solutions. To increase trustworthiness of computers, transactions, and pretty much anything online, blockchain is being used all around the world. While blockchain was first used by the cryptocurrency Bitcoin, it is now being used in such diverse ways as to track business products, trade in the stock market, and support musical collaboration. Blockchain's applications are continuing to grow and spread.

Ohio has more than 50 land banks, which are best known for reducing blight by demolishing old buildings, but several land banks are trying creative ways to enhance their land on a budget. Successful projects include a program for locals to redevelop old lots, a pop-up art gallery in a condemned house, and urban forests to make communities more welcoming. The collective effect of these projects is to revitalize cities all across the state.

In Jackson, Mississippi, a series of community-led cooperatives are creating opportunities for affordable home ownership. This is part of a trend across the country to create community land trusts. They are financed through donations, other community businesses, or commissions. Though each land trust faces hurdles, they are collectively allowing more access to wealth and ownership in historically low-income neighborhoods.

Prescription drug mointoring programs provide a doctor with information about a patient’s prescriptions and—in some states—drug-related hospitalizations and arrests. With this tool, doctors are better able to identify drug-seeking behavior and intervene with at risk patients.

A racially integrated middle-income housing unit in the Bronx serves both as an inspiration and an enigma in the New York City housing market. Co-op City, which just celebrated its 50th birthday, accepts tenants of all income brackets and ethnicities, serving as a model in an otherwise quickly gentrifying neighborhood.

Redeveloping and repurposing unused real estate provides a path toward economic revitalization. With a combination of public and private grants, the nonprofit group, International Sonoran Desert Alliance (ISDA), has purchased and redeveloped real estate in the town of Ajo, Arizona. The renovated town plaza and Curley School complex contain retail spaces, artist studios, and even house community gardens of the Ajo Center for Sustainable Agriculture.

An ophthalmologist has created a smartphone application that allows not just doctors, but also non-specialists such as teachers, to conduct eye tests. The application helps those living in remote areas to access a service they otherwise may not be able to get and also allows for the few ophthalmologists who live in the area to only see the cases that are deemed necessary.

Clarke County School District in Georgia has 21 public schools that all offer free meals to students, regardless of their financial needs. This is facilitated through a federally-funded program, so even though poverty rates are high in the area, local residents are not footing the bill. While there are still some challenges implementing the program, in general it is received well and allows students to focus on their work and well-being instead of being distracted by hunger.

Grants for women living in refugee camps have helped recipients start businesses and learn new skills, allowing them to improve their quality of life. Additionally, the women created an informal cooperative and take turns investing a percentage of proceeds from each successful business into another member’s business.