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Old Marlborough school building at 74th, Tracy could see new life
CIT allows neighbors to profit from project
Old Marlborough school building could see new life
and last updated 2021-07-01 23:58:57-04
KANSAS CITY, Mo. â The abandoned Marlborough school building at 74th and Tracy was built in 1927, and has sat vacant since 2007.
Since that time, neighbors have watched the building and the 4-acre property slowly deteriorate. Sitting there idle, it just kind of makes it vulnerable for people to come and break out windows, said Eddie Waller, a resident of the neighborhood for 21 years. So it would nice to have something done to it.
1. Tenant-landlord Mediation
With the pandemic-sparked economic downturn, untold numbers of renters in the U.S. became newly vulnerable to financial and housing insecurity. Advocates worry that a wave of evictions will follow the lifting of emergency moratoriums currently in place. But pre-court mediation programs in Philadelphia offer an approach to preventing displacement and heading off protracted legal battles between landlords and tenants.
As part of the Philadelphia Eviction Prevention Project, the Good Shepherd Mediation Program has tested free and voluntary landlord-tenant mediation and, during COVID19, has started offering a virtual mediation through Zoom.
“Mediation is a particularly good conflict-resolution process for situations where the parties have some kind of a relationship and they’re going to continue to have some kind of a relationship, as opposed to a car accident with a stranger, where you don’t know the person,” says Sue Wasserkrug, a program admin
Community investment program could help revive historic northeast KC
$10 per month to be property owner
KSHB
and last updated 2020-12-24 00:10:55-05
KANSAS CITY, Mo. â The Community Investment Trust (CIT) is a way for people to become property owners without breaking the bank.
For as little as $10 a month, people who live in Kansas City s Historic Northeast neighborhood could be a part of this program.
They can put a minimum of $10 and up to $100 per month into a piece of property bought by a group of impact investors who can pay for the building upfront.
Over time, the community investors will own the property once the total cost of the property is accounted for and investors will be able to grow their wealth and even get dividends.
Comerica Adds Over $1 Million in Investments to Strengthen California Nonprofits
California market COVID-19 relief contribution totals surpass $4.4 million
Dec 18, 2020 1:25 PM ET
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Press Release
The more than $1 million in investments pushes Comerica s total contributions in the California market to over $4.4 million. Contributions impacting California are part of Comerica s Capital Grant investments that supply capital for small and microbusinesses, and from Comerica Bank and Comerica Charitable Foundation s investments to nonprofits to combat the economic disruption caused by COVID-19. Meeting the needs of our communities during these uncertain times remains imperative, said Comerica Bank California Market President Morgan Rector. Comerica remains firmly committed to doing our part to provide stability for small businesses and communities impacted by the COVID-19 pandemic to ensure they can recover.