Merging finance and social impact to make a better world
Vacant properties silently erode community health and local budgets. But strategic investments in reuse, rehab, and redevelopment can pay off handsomely. With returns as high as 30 to 1, cities that prioritize vacant property solutions not only save money—they create stronger, safer, and more prosperous communities.
A groundbreaking study conducted by the Human Services Chamber of Hamilton County in collaboration with the Alpaugh Family Economics Center at the University of Cincinnati has quantified the economic and social impact of nonprofits in Greater Cincinnati. The findings highlight the critical role nonprofits play in job creation, economic growth, and social services while generating substantial tax revenue for local and state governments.
The American Dream Demonstration provided compelling evidence that low-income individuals, when given the appropriate tools and incentives, can successfully save and invest in assets that enhance their economic and social well-being.