These Tiny Houses Help Minimum Wage Workers Become Homeowners

June 6, 2017 Good morning! "Poor people lack an asset," says Faith Fowler, a pastor and the executive director of Detroit nonprofit Cass Community Social Services. "They don't have anything that they could use as collateral, they don't have anything they can sell to climb the economic ladder.” [To combat that, Fowler's organization is building small but comfortable 250-square-foot houses in Detroit]( land is cheap—and offering them on a rent-to-buy plan to low-income residents for a mere $1 a square foot. After seven years, the house is theirs, giving the city’s minimum wage earners a chance to be homeowners. —[Morgan Clendaniel]( --------------------------------------------------------------- [Is Blue Apron Even Going To Exist In Five Years?]( Meal kit businesses are all the rage, but whether or not they are really viable as stand-alone businesses is an open question. --------------------------------------------------------------- [These Tiny Houses Help Minimum Wage Workers Become Homeowners]( With monthly mortgage payments at $1 a square foot, the houses offer a path to home ownership in just seven years. --------------------------------------------------------------- [This Skater Bro Turned Apple Music Mogul Has Big Plans For LVMH]( With LVMH’s new retail site, chief digital officer Ian Rogers wants to translate the tricky art of selling luxury products into an online experience. --------------------------------------------------------------- [WWDC 2017: Here’s Everything Apple Announced]( Apple’s event was packed with new software and hardware, from operating-system upgrades to the HomePod smart speaker to the 10.5-inch iPad Pro to a phalanx of new Macs. --------------------------------------------------------------- [Equinox Just Added 20 More Letters To The LGBTQA Community]( In celebration of Pride Month, Equinox has teamed up with The Center for “The LGBTQAlphabet,” a dance film showing just how diverse the community really is. --------------------------------------------------------------- [Why $200 Adult Security Blankets Are A Stroke Of Startup Genius]( The Gravity blanket raised over $4.7 million on Kickstarter by nailing a formula most startups don’t. --------------------------------------------------------------- [Banking On Nostalgia: How Ban.do Figured Out What Millennial Women Want]( The multimillion-dollar brand is winning over the most coveted demographic by creating bold, optimistic products that remind customers of their childhoods. --------------------------------------------------------------- [Trump Or No Trump, America’s Mayors And Governors Have A Post-Paris Plan To Save The Climate]( In the days after Trump pulled out of the historic international climate agreement, bipartisan groups of officials from around the country are laying out plans to make create a clean economy in the U.S., regardless of the president’s policies. --------------------------------------------------------------- [How The Online Dollar Store Startup Hollar Found Success With Thrifty Millennial Moms]( The discount retail site is growing fast by catering to a market typically ignored by Silicon Valley: budget-conscious shoppers in the heartland. --------------------------------------------------------------- [4 Things Private Businesses Can Do To Lessen The Impact Of Trump’s Climate Decision]( Greenwashing business as usual isn’t enough. Here are practical steps that business leaders can take to bridge the gap and take climate action. --------------------------------------------------------------- [Why To Get Excited About A Black Hole Crash 3 Billion Light Years Away]( These events last only tens of milliseconds, but they’re the most powerful phenomena since the Big Bang, and open up an entirely new window on the universe. --------------------------------------------------------------- [Covergirl Is Challenging The Stigma Against Women Doing Makeup In Public]( In a brand study, 52% of women said they feel uncomfortable doing their makeup in public–and Covergirl aims to reverse that thinking with #ProjectPDA. --------------------------------------------------------------- [What You Need To Know From Apple's WWDC 2017 Keynote]( The company announced a new iMac Pro, and directly targeted Amazon's Echo with the unveiling of its HomePod smart speaker. Share this newsletter [Share]( http%3A%2F%2Fmailchi.mp%2Ffastcompany%2Fthe-robots-are-coming-for-your-wardrobe-1007313 [Tweet]( http%3A%2F%2Fmailchi.mp%2Ffastcompany%2Fthe-robots-are-coming-for-your-wardrobe-1007313) [Forward]( Did someone forward you this email? [Subscribe here!]( Too many emails? [Change your subscription preferences here.]( You're receiving this email because you opted in on our website. [update your preferences]( or [unsubscribe from all Fast Company emails]( Mansueto Ventures, 7 World Trade Center, New York, NY 10007-2195