Remove Community Development Remove Finance Remove Governance Remove Poverty
article thumbnail

Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

This article introduces a new series, titled Eradicating Rural Poverty: The Power of Cooperation. For decades, community development financial institutions have delivered capital into communities and regions that otherwise suffer from disinvestment. This is true in urban areas and, critically, rural communities.

Poverty 120
article thumbnail

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

NonProfit Quarterly

This article is the second in the series Eradicating Rural Poverty: The Power of Cooperation. Public funding programs often include conditions that exceed the capabilities of high-poverty areas, such as requiring matching funds that these areas do not have. A different approach that centers community voice is sorely needed.

Values 116
Insiders

Sign Up for our Newsletter

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

article thumbnail

Reshaping the Idea of Rural America: Stories from Our Communities

NonProfit Quarterly

This article is the second in the series Eradicating Rural Poverty: The Power of Cooperation. In America’s rural areas of deep poverty, over 60 percent of the residents are BIPOC. However, in America’s rural areas of deep poverty, over 60 percent of the residents are BIPOC. This disproportionality demands systemic solutions.

Poverty 100
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 Ongoing neglect and isolation led to entrenched, concentrated poverty and a growing distrust of civic leaders. My first thought was, ‘Here we go.

article thumbnail

A Primer for Incubating Child Care Businesses

NonProfit Quarterly

Without access to quality childcare, many parents cannot work full time and become trapped in a cycle of poverty. The need to develop more childcare businesses is obvious, but how to build and sustain viable childcare businesses is not. All are coached through the licensing process and learn how to secure financing.

article thumbnail

Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. The lack of access to financing [meant that the grant] nearly destroyed the organization. An ally had reached out separately to Seed Commons , a cooperative network of funds that finance worker cooperatives across the United States.

Finance 100
article thumbnail

From Owing to Owning: How Communities Can Control Commercial Land

NonProfit Quarterly

For instance, the Anchorage Community Land Trust , which began in 2003 and is the oldest example reviewed in the report, acquired land in a BIPOC neighborhood that had a 25.1 percent poverty rate (as of 2001). Seeded with an initial $5 million grant from a local foundation, the land trust acquired nine parcels between 2005 and 2011.