Topics Under Category: "Spotlight"

Two Coops Focused on Community-Owned Housing and Solar Take Root

Locavesting Staff | December 7, 2018

A pair of cooperatives aiming to put affordable housing and renewable energy in community hands made their official debut on Wednesday in Oakland, Calif. The groups, the East Bay Permanent Real Estate Cooperative and People Power Solar Cooperative, were incubated out of the Sustainable Economies Law Center (SELC), a nonprofit that has nurtured many of […]

evergreen cooperatives fund

With a New Fund, Evergreen Cooperatives Looks to Spread the ‘Cleveland Model’

Randy Mueller | November 28, 2018

Since their inception ten years ago, the Evergreen Cooperatives in Cleveland, Ohio have served as a promising model of economic development in a post-industrial city. The three worker cooperatives—an industrial laundry company, a green energy services contractor, and a hydroponic greenhouse (pictured above)—collectively employ over 200 individuals, many of whom have become worker-owners. In a […]

How One Solar Company Transitioned to Worker Ownership

B the Change | September 6, 2018

Solar Company Powers Up With Employee-Ownership Program Inclusive Economy Challenge Served as Framework for Business Restructuring What is it with solar companies? They seem to be among the leaders in sharing ownership with workers—see Namaste Solar, South Mountain Company, and PV Squared, for example. The latest convert is Technicians for Sustainability (TFS), a Tucson-based solar energy installation company […]

Women-Owned Businesses Surge, Led by Black and Latina Owners

Locavesting Staff | September 1, 2018

Women are creating more businesses than their male counterparts, and African American and Latina women are driving that trend. However, women, especially non-white women, still lag in  revenue and job creation. Those are some of the top line findings from the 2018 State of Women-Owned Businesses Report, an annual report commissioned by American Express and […]

Opportunity Threads

From Breweries to Factory Floors, Worker Coops are Blooming

Randy Mueller | August 2, 2018

On a muggy June day in St. Louis, a group of eager, determined faces filled an aggressively air-conditioned classroom. It was the start of the 2018 CommonBound conference, a gathering of community leaders and activists radically reimagining how we organize ourselves economically. The crowd was a diverse mix from across the country, and they were […]

Real Pickles DPO

Real Pickles: Anatomy of a Successful DPO

Kassandra Mayhew | June 29, 2018

Long before the JOBS Act and state-specific laws legalized investment crowdfunding, there was the direct public offering, or DPO, a sort of do-it-yourself IPO. Kassandra Mayhew of Cutting Edge Capital recently talked to Real Pickles cofounder Addie Rose Holland (pictured at left) about how a DPO helped the Greenfield, MA company transition to a worker-owned […]

7 Steps to Creating a Sustainability Transition Movement in Your Community

Rob Hopkins | April 21, 2018

In 2005, I was just an ordinary, low-profile guy in my thirties living in the town of Totnes, England. Like many of us, I worried about the crises endangering humanity—the rampant exploitation of natural resources, the frenetic and dehumanizing quest for profit, exclusion and widening of inequalities. It disturbed me profoundly, for example, that of […]

affordable housing funding

Affordable Housing: Who Will Fill the Funding Gap?

Stacey Kirsch | March 22, 2018

Affordable housing development has been disrupted by new tax reform legislation, leaving a void in funding. New financing tools are needed to fill the gap. The Section 42 Housing Tax Credit Program (LIHTC) will be significantly impacted by the changes to the tax code. These credits encourage affordable housing and have funded over three million […]

Amazon Paid Zero Taxes for 2017 While Seeking HQ2 Subsidies

Matthew Gardner | March 14, 2018

From a decades-long strategy of exploiting state sales tax loopholes to its ongoing “HQ2” sweepstakes, Amazon’s leaders have rarely turned down a chance to use the tax system as the source of their competitive advantage. The online retail giant has built its business model on tax avoidance, and its latest financial filing makes it clear that Amazon continues to be […]

In Oakland, Community-Owned Real Estate is Bucking Gentrification Trend

Sarah Trent | March 12, 2018

For two decades now, the building at the corner of 23rd and International avenues in east Oakland has been a community hub for people and organizations with few other places to go. In a neighborhood that is low-income and majority people of color—flanked to the east by the largely Latino/Hispanic Fruitvale district and to the […]