NonProfit Quarterly

JANUARY 15, 2025

But if the goal is to build a solidarity economy or foster a structural shift in the economy so that US business owners of color have the same ability to finance and develop thriving businesses as White business owners, then investor willingness to sacrifice some degree of financial return for social impact is required.

Public and Social Policy 106

Public and Social Policy Public and Nonprofit Management Nonprofit governance and management Public Policy 106

Stanford Social Innovation Review

APRIL 3, 2025

They connected into networks with leadership that can organize multiple groups around common purposes, such as local economic development. Mayors, citizens, funders, and practitioners end up doing their mutualist work in silos, without access to shared resources, knowledge, and coordinated financing. million children.

Nonprofit governance and management 125

Nonprofit governance and management Governance Insurance Social Enterprise 125

NonProfit Quarterly

FEBRUARY 12, 2025

Opportunities and Challenges LECs offer significant opportunities for community development practitioners and more importantly for low- and moderate-income households seeking to own a home. million in financing to purchase the land. ROC USA helped the BJH Co-op secure $5.25

Nonprofit governance and management 102

Nonprofit governance and management Manufacturing Public and Nonprofit Management Governance 102

NonProfit Quarterly

FEBRUARY 5, 2025

When they do need financing, investors are denied mortgages at lower rates than individuals. Source: Reinvestment Fund Analysis of HMDA Data The net impact: Residents of Philadelphias majority Black and Latinx neighborhoods are highly disadvantaged in securing home mortgage financing compared to investor buyers.

Construction 73

Construction Public and Social Policy Finance Poverty 73

NonProfit Quarterly

SEPTEMBER 11, 2024

In 1979, I discovered financial cooperatives—namely, credit unions—and I joined the National Federation of Community Development Credit Unions in 1980. I led the organization, which is now called Inclusiv , from 1983 until 2012, when I joined the Consumer Finance Protection Bureau to set up their Office of Financial Empowerment.

Insurance 126

Insurance Finance Community Development Poverty 126

NonProfit Quarterly

MAY 31, 2023

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , authors highlight efforts to address multi-generational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta. Again, the pandemic provides an illustrative example.

Values 130

Values Poverty Nonprofit Administration and Development Community Development 130

NonProfit Quarterly

DECEMBER 21, 2022

At a recent professional dinner, I struck up a fascinating conversation with a woman who has spent her legal career working in civil rights, housing, and community development. I once heard a CDFI leader remark that when the borrowers we need in the community don’t exist, we as CDFIs need to go out there and create them.

Finance 112

Finance Community Development Non-Profits Nonprofit governance and management 112

NonProfit Quarterly

MARCH 19, 2025

In the 1960s and 70s, LEHCs experienced explosive popularity in major US cities like New York, Washington, DC, and San Francisco, thanks to a broad range of financing options including low interest rates and affordable loans for prospective builders of new co-ops.

Construction 71

Construction Law Governance Finance 71

NonProfit Quarterly

JUNE 7, 2023

Coproduced by Partners for Rural Transformation , a coalition of six regional community development financial institutions, and NPQ , authors highlight efforts to address multi-generational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta.

Poverty 120

Poverty Community Development Construction Finance 120

NonProfit Quarterly

NOVEMBER 26, 2024

Stage 3: Go Public Economic or community development…must replace a “thing focus” with a “people focus.” Beyond that, I would like to offer a simple refocusing of what we mean by economic or community development. Look to the people who live in the community that needs “development” and ask them what they need.

Public and Social Policy 122

Public and Social Policy Construction Law Community Development 122

NonProfit Quarterly

JANUARY 17, 2024

If you had asked me 20 years ago about public finance, I doubt I could have told you what a public bank was. How Finance Currently Reproduces the Racial Wealth Gap The racial wealth gap is as entrenched as ever—a chasm of earnings power, savings, and investment that threatens to leave behind another generation of Black and Latinx households.

Public and Social Policy 135

Public and Social Policy Finance Governance Disaster Relief 135

NonProfit Quarterly

FEBRUARY 15, 2023

And in so doing we are challenging the community development field to do better—by creating new tools to support truly equitable food-oriented development. Many large community development financial institutions , credit unions, and foundations present themselves as community-based food financing leaders.

Food 122

Food Finance Community Development Culture 122

Ann Green

APRIL 7, 2015

Create community. Develop a community. Prior to Kimbia, Lori spent six years at The San Diego Foundation where she served as Director of Nonprofit Programs, developing education resources and tools for more than 250 local nonprofits. in Finance from Georgetown University. People want to support you.

Universities 188

Universities Finance Community Development Foundations 188

NonProfit Quarterly

JULY 17, 2024

The third piece is financing. So as folks have talked about, there’s predevelopment financing, acquisition, rehab or construction, and then the long-term permanent financing. “We’re so concerned…with saving the property in the first place that we often forget we need long-term support for building management and sustainability.”

Finance 128

Finance Construction Management Education 128

NonProfit Leadership Alliance

MAY 23, 2024

Unfortunately for the nonprofit sector, higher overhead costs are correlated to an organization being irresponsible with its finances, ineffective, unable to carry out its mission, and even unethical. For many organizations, capacity building would fall into the “overhead” category.

Public and Social Policy 246

Public and Social Policy Nonprofit Administration and Development Nonprofit governance and management Public and Nonprofit Management 246

NonProfit Quarterly

FEBRUARY 7, 2024

However, this also means that residents contribute very little equity to reduce financing costs. As a result, financing costs can run as much as 110 percent of the purchase price. ROC USA can make this work because it can extend financing via its community development financial institution (CDFI) subsidiary.

Manufacturing 116

Manufacturing Finance Nonprofit governance and management Law 116

NonProfit Quarterly

AUGUST 14, 2024

Building on their previous study , published in November 2023, Curt Lyon and Julie Menter from Transform Finance run the numbers in their latest report. Using the broadest possible definition, Transform Finance identified 53 investment funds that invest all or part of their capital in employee ownership. How much of that $8.4

Non-Profits 111

Non-Profits Finance Nonprofit governance and management Management 111

NonProfit Quarterly

APRIL 23, 2025

Oscar Perry Abello: In my work as an economic justice correspondent at Next City, I had written all these stories about credit unions, community banking, and CDFIs [ Community Development Financial Institutions ]. It requires knowing people and communities and neighborhoods and being able to assess risk based on that.

Insurance 81

Insurance Non-Profits Governance Finance 81

NonProfit Quarterly

APRIL 3, 2024

In Washington, DC, the city’s Department of Housing and Community Development reports that 18,300 units of affordable housing of this kind became unaffordable between 2006 and 2017. This is no small matter. This loss of affordability is related to other challenges that DC renters and the city have been facing.

Values 137

Values Public and Nonprofit Management Construction Finance 137

NonProfit Quarterly

JANUARY 17, 2024

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 131

Finance Production Insurance Values 131

NonProfit Quarterly

OCTOBER 9, 2024

That vision is reflected in what is known today as the Detroit Food Commons , a two-story, 34,000-square foot building that holds a 15,000-square-foot food co-op, offices for DBCFSN, a banquet hall for community events, and four commercial kitchens that local food business owners can rent. We did a lot of community engagement sessions.”

Food 134

Food Nonprofit governance and management Finance Governance 134

Stanford Social Innovation Review

MAY 17, 2023

Most practitioners working in community development have accepted this as the reality of impact investing: The harder you drive for social impact in disadvantaged communities, the farther away you get from unbuffered full market return.

Marketing 122

Marketing Marketing Nonprofit Administration and Development Nonprofit governance and management 122

NonProfit Quarterly

JUNE 21, 2023

The need to develop more childcare businesses is obvious, but how to build and sustain viable childcare businesses is not. the community development financial institution where I work, lends to families and businesses throughout the state of Maine. All are coached through the licensing process and learn how to secure financing.

Curriculum and Teaching 106

Curriculum and Teaching Finance Children Recruitment 106

NonProfit Quarterly

JANUARY 25, 2023

A salient example is of organizations that are focused on community development but invest in mass incarceration. Investment committee members may come from traditional finance backgrounds and may not understand how or why to integrate impact into portfolio management.

Public and Social Policy 127

Public and Social Policy Public and Nonprofit Management Nonprofit governance and management Non-Profits 127

NonProfit Quarterly

OCTOBER 24, 2023

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.

Public and Social Policy 141

Public and Social Policy Construction Community Development Governance 141

Nonprofit Marketing Guide

MARCH 20, 2017

While working at a small loan fund in Chicago, she became interested in alternative community development financing approaches. Outside of work, Kallie enjoys exploring underestimated places, photographing the prairie and its people, reading, biking and, whenever possible, listening to podcasts.

Communication 107

Communication Finance Community Development Foundations 107

NonProfit Quarterly

APRIL 10, 2024

Image credit: Drew Katz Black Bostonian communities citywide have more than just something to say for themselves: their economies are building institutions that prioritize asset-based community development and are creating the foundations for a local solidarity economy. After raising $4.5

Food 131

Food Community Development Medical Nonprofit governance and management 131

NonProfit Quarterly

JUNE 13, 2023

Aisha Benson , CEO of the Nonprofit Finance Fund , emphasized the long-term impact of redlining , a policy of legalized housing lending discrimination backed by the federal government from the 1930s until the passage of the Fair Housing Act of 1968. The potential structure and uses of concessionary capital are clear.

Finance 106

Finance Homelessness Healthcare Foundations 106

NonProfit Quarterly

FEBRUARY 16, 2023

For years, I have directed IFF , a community development financial institution that specializes in nonprofit facilities lending. A Hierarchy of Nonprofit Facilities’ Needs After 30 years in community development, I have come to think of nonprofit facilities as existing on a continuum of need.

Values 122

Values Community Development Psychology Healthcare 122

NonProfit Quarterly

OCTOBER 4, 2023

Temple ) and a community development financial institution ( Communities Unlimited ) are teaming to develop bottom-up structural solutions to building rural capacity. When we talk about economic development in East Texas, we often like to start with a the figure below, which comes from a T.L.L.

Entrepreneurship 127

Entrepreneurship Philanthropy Public and Social Policy Foundations 127

NonProfit Quarterly

APRIL 5, 2023

The solar developer builds clean-energy projects that help communities acquire long-term wealth and energy assets through impact investing, technical support, and project financing. This model will allow UPROSE to earn revenue that can be directed to a community fund to help vulnerable individuals and families in Sunset Park.

Energy 132

Energy Environmental Finance Governance 132

NonProfit Quarterly

MAY 10, 2023

The conference brings together hundreds of community activists, government officials, and bank community development officers. That is how Rohit Chopra , who directs the Consumer Finance Protection Bureau , described federal administration of the Paycheck Protection Program in his conference address.

Finance 116

Finance Law Governance Entrepreneurship 116

NonProfit Quarterly

OCTOBER 23, 2024

Building for the Future At the conference, Kate Khatib, co-executive director of Seed Commons, a leading community development financial institution (CDFI) lender to worker co-ops, called on the movement to set the audacious goal of expanding to one million worker co-op members and $100 billion in revenue in the next 10 years.

Public and Social Policy 128

Public and Social Policy Public Policy Public and Nonprofit Management Culture 128

NonProfit Quarterly

NOVEMBER 29, 2023

The diffusion of new and innovative models of community-owned commercial real estate is enhancing resident power and self-determination. Yet too often they have been thwarted by racial capitalism and its enabling institutions—such as legal frameworks, regulatory environments, finance protocols, norms, and beliefs.

Finance 122

Finance Nonprofit governance and management Public and Social Policy Education 122

NonProfit Quarterly

JULY 31, 2024

And what they actually did was they worked with Mi Casa to form a limited equity co-op that was financed using local money, federal money, and then also enhanced Section 8 vouchers that gave them the income that they needed to operate the townhomes as a cooperative. [It It is] still in existence today.

Finance 120

Finance Associations Community Development 120

Stanford Social Innovation Review

MARCH 29, 2023

What if the tens of thousands of churches currently projected to close in the next few years put their assets into trusts deeply aligned with community development, versus stranding those assets and real estate as they shutter?

Nonprofit governance and management 119

Nonprofit governance and management Public and Social Policy Public and Nonprofit Management Community Development 119

NonProfit Quarterly

NOVEMBER 9, 2022

While these objectives differ, there is a clear overlap of priorities and opportunities to advance shared equitable community development goals. Different yet complementary objectives : Land banks focus on addressing large inventories of vacant and abandoned properties, while CLTs focus on creating and preserving affordability.

Public and Social Policy 116

Public and Social Policy Community Development Governance Agriculture 116