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What’s Next for Community Development Finance?

NonProfit Quarterly

Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 community development loan funds with a combined $27 million in assets under management. By contrast, according to the US SIF (Sustainable Investment Forum), the CDFI industry (including community development banks and credit unions) had $457.9

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The Next Generation of Mutualism

Stanford Social Innovation Review

They connected into networks with leadership that can organize multiple groups around common purposes, such as local economic development. The left has often undercut a notion of a mutualist future by insisting that every problem needs a large centralized government solution. It isnt charity, it isnt selfishness.

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How to Interrupt the Public Funds to Private Profits Pipeline: A California Story

NonProfit Quarterly

This happens daily when local governments park public funds in banks. Today, our communities face multiple challengesranging from accelerating climate change to growing income inequality, from refugee crises to housing crises, and from basic food access to self-serving financial systems. It turns out, quite a lot.

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A Political Roadmap to Social Housing: How Do We Win?

NonProfit Quarterly

Fortunately, community land trust (CLT) homeownership appears more successful than most government programs for first-time, low-income homebuyers—both due to demonstrated increased housing stability for residents and a participatory board model that includes both resident and nonresident community representation.

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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. From inception, the pool was centered on community development financing activities and emphasized racial, gender, and economic equity.

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US Nonprofit Sector Documents Its Own Powerlessness, but What Will We Do?

NonProfit Quarterly

Nonprofits canand ought toengage in a wide range of civic and election-related activities. Since 1973, I have started or led 14 nonprofit enterprises in the arts, community development, and civic engagement sectors. Significantly fewer nonprofits know what advocacy activities are legally allowed compared to 20 years ago.

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From Impact Investing to “Impact-First” Investing—What Is the Field Learning?

NonProfit Quarterly

That money must be complemented by foundations or donors (or possibly government programs) that offer matching grants and technical assistance to the investment fund and/or the supported businesses. Activating these funding streams will be challenging but not impossible.