article thumbnail

Making Policy Work for Rural Communities: The Value of Community Voice

NonProfit Quarterly

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.

Values 117
article thumbnail

Community Ownership of Real Estate: A Los Angeles Story

NonProfit Quarterly

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 96
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How to Close the Racial Homeownership Gap

NonProfit Quarterly

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 121
article thumbnail

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

NonProfit Quarterly

Many times, government and nonprofit representatives had come to Starleen’s Summit Lake neighborhood and indicated that things were going to improve, but not much ever came of it. “My My first thought was, ‘Here we go. The Scars of History As in so many disinvested, majority Black neighborhoods, the scars of history run deep.

article thumbnail

Making Food Systems Work for People of Color: Six Action Steps

NonProfit Quarterly

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 106
article thumbnail

Local Solutions to Federal Problems: Moving Climate Dollars to Communities

NonProfit Quarterly

Not only is it possible to access federal funds, but the same elements that are needed for frontline and underinvested, predominantly BIPOC communities to benefit from public funding are also the most promising approaches to address more broadly the impacts of climate change at the local level.

article thumbnail

Building Public Support for Employee Ownership: Lessons from Colorado

NonProfit Quarterly

Given this recent investment in outreach and education efforts, coupled with heightened interest from local governments, we expect to see many more employee-owned businesses statewide in the next five years. For example, to secure loans to finance employee-ownership conversions, personal loan guarantees are often required.