Remove Community Development Remove Law Remove Public and Nonprofit Management
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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. Between 2014 and 2022 alone, assets under management in the CDFI sector expanded more than sevenfold. billion in assets by 2022.

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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. Public funds amounting to billions of dollars are turned into private profits for services using your assets. The Peoples Money for the Peoples Needs What difference could a public bank make? It turns out, quite a lot. It turns out, quite a lot.

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

NonProfit Quarterly

Social housing is housing that is publicly owned or under democratic community control—permanently affordable, and off-limits to profiteers. It encompasses co-op, community land trust (CLT), mutual , and public housing, and can include a host of new and existing publicly supported models. What is Social Housing? As of 2023, 65.7

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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). Policies such as redlining , as highlighted in Richard Rothsteins The Color of Law , created entrenched housing inequities. First, acquisition costs in high-demand areas can be expensive.

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In Los Angeles, a Black-Led Community Land Trust Builds for the Future

NonProfit Quarterly

From Transit Organizing to the Pursuit of Community Ownership Today, Goodmon is part of a broader effort to build a solidarity economy throughout Crenshaw and the surrounding South Central Los Angeles region, all of which goes under the moniker of Liberty Ecosystem. in Boston, one of the nation’s earliest CLTs, and who now lives in Crenshaw.

Culture 71
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Banking and Community: A Conversation with Oscar Perry Abello

NonProfit Quarterly

Oscar Perry Abello: In my work as an economic justice correspondent at Next City, I had written all these stories about credit unions, community banking, and CDFIs [ Community Development Financial Institutions ]. It counts to them as managing risk responsibly. SD: We tend to romanticize community banks.

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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Image credit: Yuet Lam-Tsang Editors’ note: This article is from Nonprofit Quarterly Magazine ’s summer 2023 issue, “Movement Economies: Making Our Vision a Collective Reality.” W hat would a nonprofit sector that pursued economic justice look like? The other five work for nonprofit intermediary organizations. Two of them—Dr.