by Callie Tysdal | Sep 5, 2023 | Economic Mobility
What is a livable wage? A simple question with a surprisingly complex answer. A livable wage is the household income needed to meet minimum standards of living in our community. The Living Wage Model, developed by MIT, is only a ‘step up’ from poverty as it only...
by Callie Tysdal | Sep 5, 2023 | Economic Mobility
The US poverty threshold: a shockingly powerful definition that many of us have never stopped to think about. Here are a few facts that make the case for why we at the John T. Vucurevich Foundation have moved away from using the “poverty threshold” to...
by Callie Tysdal | Aug 17, 2023 | Affordable Housing, Big Wins
The NYU Furman Center’s Housing Solutions Lab has selected Rapid City as one of five city teams nationwide to participate in the 2023 Peer Cities Network – a national program for small and mid-size city leaders to develop innovative and equitable local housing...
by Callie Tysdal | Aug 17, 2023 | Affordable Housing
One of our largest Foundation investments in recent years is a $5 million grant to the Black Hills Area Community Foundation for the Strategic Housing Trust Fund. But what does that actually mean for Rapid City affordable housing? Let us explain. The Rapid City...
by Callie Tysdal | Aug 17, 2023 | Affordable Housing
Access to stable, safe, and affordable housing is a foundational need for families and individuals working towards economic stability. Since the pandemic, costs for both rental and owner-occupied housing have risen substantially, putting additional pressure on our...
