BENEFITING: Coalition to Affirm Real Estate Ownership (CARE)
EVENT DATE: May 04, 2014
First Presbyterian Church of Pittsburgh is running with a mission! We're supporting CARE Ownership as they assist and mentor people right here in our city!
CARE Ownership started as a vision of an alternative to the cycle of decay and gentrification that leaves low-income stakeholders at the mercy of slum landlords on the downhill side, and without ability to benefit from gentrification as rents rise beyond their reach.
Reinterpreting the stewardship of property so that all stakeholders benefit, a business model approach was developed and launched in 2007 that visualizes renters who become property owners, empowering themselves to benefit from a vested interest in improvement of their building and the neighborhoods around them.
FPCP and our runners are proud and excited to support the mission of CARE Ownership!