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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 117
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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 111
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Housing Innovation in Rural America

NonProfit Quarterly

This article concludes the series : Eradicating Rural Poverty: The Power of Cooperation. Fortunately, a new approach to rural housing that pairs a flexible form of modular housing with community-based finance shows considerable promise. Studies show that secure housing is critical to reducing generational poverty.

Poverty 102
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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 94
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Nonprofits as Battlegrounds for Democracy

NonProfit Quarterly

1 The Dawn of the Nonprofit Sector Dunning begins the history of the nonprofit sector in the 1960s, when protests against discrimination prompted political leaders to look for solutions to persistent poverty. The vehicle for the development of nonprofit infrastructure was government grants, beginning with President Lyndon B.

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Can CDFIs Rein in Capitalist Excess?

NonProfit Quarterly

Last month, the Opportunity Finance Network (OFN), the nation’s leading community development financial institution (CDFI) trade association, held its first in-person national conference in three years in New York City. R on pexels. It’s our job somehow to graft a conscience on the capitalist.”. Where are the supermarket chains?”

Finance 89
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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.