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Community Development Must Center Power Building: A San Francisco Story

NonProfit Quarterly

Image credit: Matt Briney on unsplash.com This is the second article in NPQ ’s series titled Building Power, Fighting Displacement: Stories from Asian Pacific America, coproduced with the National Coalition for Asian Pacific American Community Development ( National CAPACD ). Photo courtesy of CCDC.

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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

At the same time, many community development nonprofits face challenges in securing the capital needed to carry out their core missions and, importantly, to test new ideas and strategies. In doing so, a guarantee helps the nonprofit secure the funding it needs at agreeable terms.

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Community Finance Alliance Launches Racial Equity Scorecard

NonProfit Quarterly

Community development financial institutions (CDFIs) have a mission to counter redlining and support lending in low-income and BIPOC communities. They should be more creative in how they finance projects.” Two years ago, the Washington Post analyzed some $49.5 Yet even among CDFIs, the track record is highly imperfect.

Finance 120
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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , the authors highlight efforts to address multigenerational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta. Most residents have low credit scores.

Poverty 121
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How to Close the Racial Homeownership Gap

NonProfit Quarterly

One driver of this ongoing inequality is the current federal system of financing, which largely depends on two government-sponsored enterprises (GSEs)— Fannie Mae and Freddie Mac. A Community Finance Solution While barriers to homeownership persist for households of color, these barriers are possible to overcome.

Finance 118
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Industry Founders Challenge CDFIs to Embrace a More Expansive Vision

NonProfit Quarterly

Image credit: Drew Beamer on Unsplash For community development financial institutions (CDFIs), these are extraordinary times. At this year’s sector conference, organized by the Opportunity Finance Network (OFN), a sellout crowd of over 2,200 people participated and considered where CDFIs needed to go and what they needed to do.

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

NonProfit Quarterly

In the 1930s and ’40s, banks and federal government officials redlined Summit Lake—a neighborhood named for its beautiful glacial lake—making it virtually impossible for anyone to qualify for a mortgage in the neighborhood or for any property owner, commercial or otherwise, to qualify for financing to make improvements. Resident fear abated.