Writing in Backyard, a newsletter exploring scalable solutions to make housing fairer, more affordable and more environmentally sustainable, Emily Nonko puts Cincinnati’s Margie Spinney and Renting Partnerships in the spotlight. The renter equity model changes everything by making wealth creation for low income people possible. And because it operates on small scale, instead of in 150-unit developments, banks and money are uninterested. This is the common good at work.
Read the full article here.
Going Further
- Building Wealth for All through Dividend Housing (Spinney, McKnight, Block)
- Financing a New Housing Paradigm (Spinney)
- Cornerstone Renter Equity (independent evaluation report)
- Cornerstone Renter Equity (citizen-made video)
- As More Households Rent, How Can We Encourage Them to Save? (Center for American Progress)
- A Brighter Future: Equity Program Helps Renters Build Wealth (Federal Reserve Bank of St. Louis)
Home page image: Fabian Iriarte
