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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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What’s Next for CDFIs? The Challenge and Opportunity of Place

NonProfit Quarterly

Image Credit: Brian Koellish on iStock Nearly a third of US communities are CDFI deserts. In these turbulent times, many leaders of the nations growing network of community development financial institutions (CDFIs)which now collectively manage $468 billion in assets, a 615 percent increase over the past decadehave high hopes.

Finance 105
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Democracy in Peril: In South Africa, Will Philanthropy Back Economic Justice?

NonProfit Quarterly

The statement of intent from the government in part reads : “At this historic juncture, we must act to ensure stability and peace, tackling the triple challenges of poverty, unemployment and inequality, entrench our constitutional democracy and the rule of law, and to build a South Africa for all its people.” With an estimated 55.5

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

NonProfit Quarterly

Ongoing neglect and isolation led to entrenched, concentrated poverty and a growing distrust of civic leaders. The result of their work is more places for people to gather and experience nature, increased social cohesion, restored civic trust, and perhaps most importantly, community development that benefits all residents.

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What Does Tribal Land Stewardship Look Like?

NonProfit Quarterly

The resources involved were modest ($240,000 total) but the ambition was large—namely, to assist Native nations to “regain control of their land and natural resources, revitalize traditional stewardship practices, and build sustainable stewardship initiatives that contribute to tribal economic and community development opportunities.”

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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Often, the very same nonprofit that is advocating for social justice policy may pay its own workers poverty-level wages. Nelson Colón of the Puerto Rico Community Foundation, and Clara Miller, president emerita of the Heron Foundation—come from philanthropy. The other five work for nonprofit intermediary organizations.

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How do water shutoffs impact low-income communities?

NonProfit Quarterly

Harmful assumptions about payment behavior effectively criminalizes poverty and understates the harm that water shutoffs cause to low-income communities. The pilot also showed the importance of building staff capacity, which can look like hiring from and developing leadership in impacted communities.