Innovative Investing at the Community Level
Can employee ownership change the game in addressing income inequality? Discover how this transformative approach can lead to better wages, improved working conditions, and enhanced company performance as we explore the growing challenge of limited wealth-building pathways in America. Drawing insights from a compelling Forbes article and economic forecasts, we delve into the cautionary views of experts like Albert Edwards, who warn against market complacency, prompting a search for alternative investment opportunities outside Wall Street. And don't miss the inspiring story of Dakin Kramer, a fifth-grader whose heartfelt initiative raised over $7,000 to clear his classmates' lunch debts, underscoring the power of community support.
As we shift our focus to the severe housing crisis, particularly in California, we confront the daunting need for over two million additional homes just to match the national per capita average. The staggering housing costs have far-reaching consequences, forcing young adults to live with family and complicating hiring for local businesses. Join our conversation with Sibley Simon from New Way Homes, as he introduces innovative solutions for providing affordable housing while offering returns on investment. We also tackle the intertwined challenges of social safety nets and historical racial discrimination in housing, advocating for equitable solutions that bolster community growth. This episode promises a comprehensive exploration of how community-driven efforts and local investments can foster sustainable change and economic resilience.
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Can a new way of thinking solve the housing crisis? Tune in to hear from Sibley Simon of New Way Homes who left the corporate world to tackle housing challenges in Santa Cruz, California. Sibley shares how traditional high-return and publicly funded models fall short and how his nonprofit leverages impact investment funds to build sustainable, community-focused affordable housing.
From using nonprofit-owned properties to reducing parking requirements, discover the innovative strategies that make New Way Homes a game-changer in the sector. We also explore how individuals can get involved through platforms like EquityVest and create their community investment funds with guidance from firms like Cutting Edge Counsel. Sibley discusses the triple bottom line approach—social, environmental, and financial sustainability—and the growing interest in these community investments.
Learn about the potential of church-owned properties, the positive changes in housing regulations, and how blending for-profit and nonprofit models can lead to environmentally responsible, workforce housing. Don't miss out on this insightful conversation about fostering community growth and collaboration through innovative housing solutions.