Margery Spinney has inspired hundreds of housing residents to participate and achieve success using community-based management principles and practices she designed.
Margery developed the nonprofit Cornerstone Corporation for Shared Equity where she created the concept of renter equity. At Cornerstone, she managed its Loan Fund capitalized by socially conscious investors and introduced property management and housing development innovations to the organization's functions.
She also co-founded Renting Partnerships in order to stimulate, standardize and support expansion of these practices. Today, Renting Partnerships addresses both the cycle of poverty and wealth inequality by acquiring housing, keeping it in common ownership, and empowering residents to build wealth through participation in management.
Read about the success of the renter equity approach documented by the independent evaluation of Cornerstone Renter Equity here.
John and Peter talked with social innovator Margery Spinney on May 2, 2019 about how the dividend housing system she invented provides permanent housing affordability and allows residents to add value and receive an economic return on their housing choice....
Building Wealth for All through Dividend Housing
Conversation with Margery Spinney ~ May 2, 2019
About every six weeks for the last five years, John and Peter have hosted online / dial-up conversations with community-building social innovators as their guests. For...