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How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

One tool that is available to nonprofit housing developers to address this situation is the limited equity cooperative (LEC). In 1951, the groups came together to create the United Housing Foundation. While LECs offer significant opportunities, nonprofit housing developers must navigate several significant challenges.

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Nonprofits Need Equity Too: The Case for Providing “Enterprise Capital”

NonProfit Quarterly

Credit: Morgan Housel on Unsplash The funding landscape for nonprofits has undergone a seismic shift. Todays model for funding nonprofits and social enterprises is fundamentally broken. This means providing funding with the purpose of investing in the capacity of nonprofits to invest in their own enterprises.

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A Political Roadmap to Social Housing: How Do We Win?

NonProfit Quarterly

Fortunately, community land trust (CLT) homeownership appears more successful than most government programs for first-time, low-income homebuyers—both due to demonstrated increased housing stability for residents and a participatory board model that includes both resident and nonresident community representation.

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How to Interrupt the Public Funds to Private Profits Pipeline: A California Story

NonProfit Quarterly

This happens daily when local governments park public funds in banks. Today, our communities face multiple challengesranging from accelerating climate change to growing income inequality, from refugee crises to housing crises, and from basic food access to self-serving financial systems.

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The Next Generation of Mutualism

Stanford Social Innovation Review

By Sara Horowitz You can feel it when you walk into a mutualist space for the first timewhether its a worker cooperative in North Carolina , a community garden , a labor-housing cooperative , a cohousing group in New York City, a nonprofit building in Portland, Oregon , or a social cooperative in the Italian Alps.

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US Nonprofit Sector Documents Its Own Powerlessness, but What Will We Do?

NonProfit Quarterly

Nonprofits canand ought toengage in a wide range of civic and election-related activities. Since 1973, I have started or led 14 nonprofit enterprises in the arts, community development, and civic engagement sectors. After all, 501c3 nonprofits cannot endorse candidates for public office.

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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

Image Credit: Charlota Blunarova on unsplash.com Private foundations are best known for their grantmaking. However, each year, foundations nationwide invest hundreds of billions, often with the simple goal of maximizing financial returns to fund future grants. At the most basic level, a guarantee is akin to automobile insurance.