Millions of low-income families live in communities disconnected from opportunity, where their financial status, race and zip code determine their access to education, jobs, food and many other essential services. In just the U.S., 43 million people require food stamp benefits to avoid malnutrition. Over 20 million families currently spend more than 50% of their income on housing, and up to 30% on their transportation and utility bills. There is little left to move forward, much less save. And many live in sub-standard housing, with mold on the walls, pest infestations or other toxins present. This poor distribution of opportunity, environmental quality and health is a fundamental misallocation of justice.
Research increasingly highlights that poor housing and neighborhood conditions have detrimental effects on a wide range of life outcomes including health, education, employment and lifetime earnings. If we are to create a fair and just society, then it is our moral imperative to overcome this. Resilience-minded developers and investors like Jonathan Rose are creating new, holistic strategies to cultivate communities of opportunity by developing or acquiring affordable and mixed income housing, served by mass transit and nearby resources, and creating an affordable, safe, non-toxic, pleasant and supportive environment for residents.
In this program, Impact Entrepreneur’s Laurie Lane-Zucker welcomes Jonathan Rose, founder and CEO of Jonathan Rose Companies, for a far-ranging discussion that explores how to develop communities of opportunity within cities.
Laurie Lane-Zucker is Founder and CEO of Impact Entrepreneur, LLC, an impact economy business that hosts the Impact Entrepreneur Network — a large, global network of “systems-minded” entrepreneurs, investors and scholars of social and environmental innovation — and publishes Impact Entrepreneur Magazine. For over 30 years, Laurie has been a “pioneer” (Forbes) and recognized leader in sustainability, social enterprise, and impact investing. Laurie was the founding Executive Director of the international environmental organization, Orion Society, which publishes the celebrated Orion Magazine, as well as the founder of a global sustainability think-tank, the Triad Institute, and Hotfrog, a Founding B Corporation, GIIRS Pioneer Company, and the first company ever to complete an equity transaction on an impact investment exchange. Laurie is the bestselling and multiple award-winning publisher and editor of books and magazines on sustainability and social impact, and the author of numerous articles on entrepreneurship and impact investing.