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Community Bonds

Peterborough Poverty Reduction Network

The second case study is from a small town in Ontario. The Peterborough Poverty Reduction Network (PPRN) bought a historical building and transformed it into the Mount Community Centre with the help of community bonds. The property provides affordable housing alongside social, recreation, and therapeutic programs for older adults. When the property was purchased, it was worth $5.2M and now exceeds $10M:

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