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What Is a Community Development Corporation?

NonProfit Quarterly

Image credit: coffeekai on istock.com Community is one of humanity’s great achievements. Yet community development corporations , a $28 billion sector of over 6,200 nonprofits that support local community economic development, are largely invisible in the national conversation.

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Containing Gentrification: A Story from the Nation’s Capital

NonProfit Quarterly

Image Credit: Bruno Guerrero on unsplash.com This is the third article in NPQ ’s series titled Owning the Economy: Stories from Latinx Communities. Among the coalition participants is the organization I work for, the Latino Economic Development Corporation. Construction began in 2017.

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How to Close the Racial Homeownership Gap

NonProfit Quarterly

We know that the racial homeownership gap is, in large measure, the product of historic redlining , as well as past and ongoing discrimination. 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.

Finance 116
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How Land Banks and Community Land Trusts Can Partner for Racial Justice

NonProfit Quarterly

Local government wins because properties are back in productive use, generating taxes. The community wins because there is now permanently affordable housing that can forestall gentrification. Prioritizing authentic engagement and partnerships that earn community trust and result in accountability.

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How Climate Migration and Adaptation Is Reshaping Lives

NonProfit Quarterly

In the US, the federal government is already compensating Indigenous tribes to relocate. The local government claims that clay extraction pits dug by the kumars have stripped the riverbanks of its sturdy top layer of soil, leaving them more susceptible to the erosion caused by climate change.

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Building Public Support for Employee Ownership: Lessons from Colorado

NonProfit Quarterly

A recent study found that employee-owned businesses, defined as employee ownership of at least 30 percent of business shares, which all employees having access to owning, are more productive, grow faster, and are less likely to go out of business than non-employee-owned businesses.

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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , the authors highlight efforts to address multigenerational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta. Regions Bank was its only financial institution.

Poverty 119