Remove Community Development Remove Education Remove Nonprofit governance and management
article thumbnail

How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

One tool that is available to nonprofit housing developers to address this situation is the limited equity cooperative (LEC). The Launch of Limited Equity Cooperatives The LEC is a tool developed to extend access to homeownership to low- and moderate-income buyers. Second, education for LEC members is crucial.

article thumbnail

How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Image credit: Getty Images on Unsplash Consider a food bank discovering that its operating reserves are in banks that finance industrial agriculture, the very system contributing to food insecurity and displacing small community farms. How can nonprofits and movement groups convert community desires into meaningful financial action?

Finance 123
Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

The Next Generation of Mutualism

Stanford Social Innovation Review

By Sara Horowitz You can feel it when you walk into a mutualist space for the first timewhether its a worker cooperative in North Carolina , a community garden , a labor-housing cooperative , a cohousing group in New York City, a nonprofit building in Portland, Oregon , or a social cooperative in the Italian Alps.

article thumbnail

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. After all, 501c3 nonprofits cannot endorse candidates for public office.

article thumbnail

Nonprofits Need Equity Too: The Case for Providing “Enterprise Capital”

NonProfit Quarterly

Credit: Morgan Housel on Unsplash The funding landscape for nonprofits has undergone a seismic shift. Todays model for funding nonprofits and social enterprises is fundamentally broken. This means providing funding with the purpose of investing in the capacity of nonprofits to invest in their own enterprises.