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Positive Change Boxes Collect $800 in First Weeks

The Louisville Coalition for the Homeless will announce soon where it plans to spend the money collected by the Positive Change boxes placed throughout downtown.

The Downtown Management District hung the boxes and encourages passers-by to put money into them rather than give it to panhandlers. In two and a half months, the boxes have brought in $800…all of which will go to the Coalition for the Homeless.

“This way, if you put it in the boxes, we know every cent is going to go to the Coalition for the Homeless for a good purpose,” says Director of Operations Ken Herndon.

The district is now considering letting businesses pay to put their names on the boxes.

“We visited Nashville recently, they have a similar program down there for which they have sponsors for the locations. They said they got more money from the sponsorships than they did the collections. So we’re hoping to mirror that here,” says Herndon.

The Coalition for the Homeless is expected to announce what it will do with the money from the boxes soon. Herndon says one option is to use it to help house a homeless person, but the exact details need to be worked out.

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Today on Here and Now

President Obama is nominating former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau, which officially opens on Thursday. Elizabeth Warren, who created and has been leading the bureau over the past year, didn’t get the job, but some say the financial industry is just as scared of Cordray because of his record of fighting banks in Ohio. We’ll look over his record.

There’s another resignation in the phone hacking scandal: Scotland Yard Assistant Commissioner John Yates. Rupert Murdoch and Rebekah Brooks are scheduled to testify before Parliament tomorrow. We’ll talk to a BBC reporter covering the case.

And if you’ve been downtown lately, you may have noticed blue boxes (like the one in the photo to the left) hanging on light posts. They’re part of new program in Louisville that encourages people to put their spare change in the box, where it can later be distributed among programs that serve the homeless, rather than giving money to panhandlers. Ken Herndon from the Louisville Downtown Management District joins us with details about the program, how it came about, and how it’s expected to work.