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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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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 118
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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. Given the demographics, it is likely that displacement effects associated with the Purple Line will be felt most intensely by the immigrant, Latinx, and Black communities.

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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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Building Public Support for Employee Ownership: Lessons from Colorado

NonProfit Quarterly

While the National Center for Employee Ownership defines employee ownership as “any arrangement in which a company’s employees own shares in their company or the right to the value of shares in their company,” in a worker cooperative, ownership means not just sharing profits, but having a direct voice and vote in the workplace.

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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 120
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Nuestra Comunidad: Tools to Preserve Latinx and Immigrant Communities

NonProfit Quarterly

Image Credit: Abe Camacho on unsplash.com This article introduces a new NPQ series, Owning the Economy: Stories from Latinx Communities. Latinx and other immigrant community commercial corridors allow residents to access foods and products native to their country of origin and, therefore, help preserve their cultural identity.

Culture 96