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A Banker’s Case for Public Banking

NonProfit Quarterly

This has led me to the conclusion that if we want to close the racial wealth gap, we need to get serious about public banking. Public banking could help change these dynamics. Public banking could help change these dynamics. How did I come to adopt this position? My journey began far from the financial world. percent and 10.9

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Unlikely Advocates: Worker Co-ops, Grassroots Organizing, and Public Policy

NonProfit Quarterly

Up to this point, legislation for most worker co-ops was not a priority; federal policy wasn’t even a pipe dream. Public policy wasn’t really a part of our culture. Why Prioritize Public Policy and Advocacy? 6 Engaging in public policy advocacy is not without its dangers. Until it was.

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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. Financial guarantees are a powerful tool, yet they are underutilized in the social sector.

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

NonProfit Quarterly

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.

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Lifting a Powerful Policy Lever for Housing Justice

Stanford Social Innovation Review

By Tiffany Manuel & Dana Bourland What if government, the philanthropic sector, and community advocates could pull a policy lever and advance housing, climate, and racial justice all at once? Public comment ended in April 2023, and HUD will likely release the final rule sometime later this year.

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Building Public Support for Employee Ownership: Lessons from Colorado

NonProfit Quarterly

This number is somewhat deceptive since it includes large public companies where the only employee benefit is stock ownership. Barriers to Capital: Many practices and policies limit potential employee-owners’ access to capital. According to NCEO , as of December 2021, the US was home to 6,482 ESOP companies with 10.2

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A Social Movement Requires Momentum

Stanford Social Innovation Review

In the realm of social change, community-based leaders are skilled at influencing and using momentum to advance local solutions but often lack all the financial resources they need to push those solutions to their full potential. In its wake, momentum for change seemed to build.