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What’s Next for Community Development Finance?

NonProfit Quarterly

Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 community development loan funds with a combined $27 million in assets under management. By contrast, according to the US SIF (Sustainable Investment Forum), the CDFI industry (including community development banks and credit unions) had $457.9

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How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

The Launch of Limited Equity Cooperatives The LEC is a tool developed to extend access to homeownership to low- and moderate-income buyers. This mechanism permits the seller to collect a modest increase in value while ensuring affordability to future buyers. By contrast, in market-rate co-ops, the sale price is uncapped.

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The Next Generation of Mutualism

Stanford Social Innovation Review

The left has often undercut a notion of a mutualist future by insisting that every problem needs a large centralized government solution. To ensure mutualism thrives in the next generation, communities need laws, regulations, practices, and capital markets that encourage solidarity and investment outside of any given silo.

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How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Tools such as Bank.Green or the Global Alliance for Banking on Values can help mission-driven organizations identify values-aligned banks. Tools like As You Sows Invest Your Values platform can assist you in evaluating the ESG (environmental, social, and governance) performance of your organizations investments.

Finance 123
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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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Making Policy Work for Rural Communities: The Value of Community Voice

NonProfit Quarterly

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , authors highlight efforts to address multi-generational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta.

Values 130
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Limited Equity Housing Cooperatives: Why They’re a Solution for Our Times

NonProfit Quarterly

Members of a housing cooperative have joint control over the governance of common areas like green spaces and playgrounds, and in the US, owners of a share in a co-op are entitled to the same tax deductions as homeowners. A limited-equity co-op is one in which the resale value of shares is limited.