article thumbnail

What Is a Community Development Corporation?

NonProfit Quarterly

Image credit: coffeekai on istock.com Community is one of humanity’s great achievements. Yet community development corporations , a $28 billion sector of over 6,200 nonprofits that support local community economic development, are largely invisible in the national conversation.

article thumbnail

A Banker’s Case for Public Banking

NonProfit Quarterly

This has led me to the conclusion that if we want to close the racial wealth gap, we need to get serious about public banking. Public banking could help change these dynamics. Public banking could help change these dynamics. How did I come to adopt this position? My journey began far from the financial world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unlikely Advocates: Worker Co-ops, Grassroots Organizing, and Public Policy

NonProfit Quarterly

Up to this point, legislation for most worker co-ops was not a priority; federal policy wasn’t even a pipe dream. Public policy wasn’t really a part of our culture. Why Prioritize Public Policy and Advocacy? 6 Engaging in public policy advocacy is not without its dangers. Until it was.

article thumbnail

??How Community-Based Public Space Can Build Civic Trust: Lessons from Akron

NonProfit Quarterly

Many times, government and nonprofit representatives had come to Starleen’s Summit Lake neighborhood and indicated that things were going to improve, but not much ever came of it. “My In Akron, more than 20 public, nonprofit, and community groups came together to form the Civic Commons team. My first thought was, ‘Here we go.

article thumbnail

Lifting a Powerful Policy Lever for Housing Justice

Stanford Social Innovation Review

By Tiffany Manuel & Dana Bourland What if government, the philanthropic sector, and community advocates could pull a policy lever and advance housing, climate, and racial justice all at once? Public comment ended in April 2023, and HUD will likely release the final rule sometime later this year.

article thumbnail

Driving Change in Housing Policies With Advocacy and Organizing

Stanford Social Innovation Review

Advocacy and organizing for racially equitable housing policies is a cornerstone of building a just housing system in the United States. COVID-19 has exacerbated this crisis, and the country’s recent racial reckoning has heightened awareness of the need for racially equitable housing policies to support healthier communities.

article thumbnail

How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. Financial guarantees are a powerful tool, yet they are underutilized in the social sector. One confounding challenge is low field awareness.