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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.

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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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Nonprofits as Battlegrounds for Democracy

NonProfit Quarterly

While the title of the book might belie the scope of inquiry, Dunning makes the case that using nonprofits as a “tool for addressing urban problems” has led to a form of “urban governance” that uses private organizations to fulfill public, democratic rights. And over time, private foundations emerged and issued grants in a similar way.

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How to Close the Racial Homeownership Gap

NonProfit Quarterly

We know that the racial homeownership gap is, in large measure, the product of historic redlining , as well as past and ongoing discrimination. 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.

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How to Align Assets with Mission: Small Steps That Nonprofits Can Take

NonProfit Quarterly

A salient example is of organizations that are focused on community development but invest in mass incarceration. Liquidity policies help organizations understand the resources needed to carry out ongoing operating activities, but even liquid assets can be managed with an eye towards mission.

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Containing Gentrification: A Story from the Nation’s Capital

NonProfit Quarterly

Image Credit: Bruno Guerrero on unsplash.com This is the third article in NPQ ’s series titled Owning the Economy: Stories from Latinx Communities. Among the coalition participants is the organization I work for, the Latino Economic Development Corporation. It appeared that the owner was actively disinvesting in the property.

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How Land Banks and Community Land Trusts Can Partner for Racial Justice

NonProfit Quarterly

Local government wins because properties are back in productive use, generating taxes. The community wins because there is now permanently affordable housing that can forestall gentrification. Prioritizing authentic engagement and partnerships that earn community trust and result in accountability.