Ponyride is a study to see how the foreclosure crisis can have a positive impact on our communities. Using an ‘all boats rise with the tide’ rent subsidy, we are able to provide inexpensive space for socially-conscious artists and entrepreneurs to work and share knowledge, resources and networks. We purchased a 30,000 square-foot warehouse for $100,000 and offer space for $0.20-$0.25 per square-foot, which includes the cost of utilities. We have over 25 organizations in the space in addition to individuals and businesses utilizing the co-working space.

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