New Way of Developing Affordable Housing Through Partnerships with Churches
A new model is developing in the U.S. with churches that own property working in partnership with developers to create new affordable housing developments. Amid the nation’s growing homeownership challenges, this could help alleviate some of the housing needs.
Climate Rule a ‘Minor Miracle’ But Weak
Registered Investment Advisors (RIAs) specializing in sustainable and impact investing welcomed the SEC’s approval of its climate-risk disclosure rule but hope to see more disclosure requirements down the line. Michael Kramer, Trust Steward and Manager at Natural Investments, called the rule “historic” and “absolutely warranted” to help better inform clients.
INDIVIDUAL INVESTORS IN THE U.S. OUTPACE GLOBAL PEERS IN SUSTAINABLE INVESTING
U.S. investors allocate a larger percentage of their portfolios to sustainable investing compared to global peers in Japan and Europe. Climate change is the top consideration for sustainable investing, followed by healthcare, water solutions, and circular economy.
Morningstar
What Will It Take to Build an Ownership Economy?
An op-ed makes the case for an ownership society, citing the growing wealth inequality gap in the United States. By incentivizing employee-owned businesses, the U.S. may have a chance to reverse 30 years of failed public policy.
The Stanford Professor Taking on Racism in the $4 Trillion Muni-Bond Market
Destin Jenkins, a Stanford history professor, has shown how the municipal bond market is skewed to disadvantage communities of color.