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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. That was part of the problem.

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Preserving Places of Belonging in Asian America: The Value of Community Voice

NonProfit Quarterly

Image credit: Photo by Raychan on Unsplash This article introduces a new NPQ series, titled Building Power, Fighting Displacement: Stories from Asian Pacific America, coproduced with the National Coalition for Asian Pacific American Community Development ( National CAPACD ). What Is Comprehensive Community Development?

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From Scarcity to Inspiration: Rethinking the Value of Nonprofit Facilities

NonProfit Quarterly

Image Credit: itsnnnoa on unsplash.com Nonprofit facilities communicate, and we need to be more conscious, thoughtful, and vocal about what they say about who and what our organizations value. For years, I have directed IFF , a community development financial institution that specializes in nonprofit facilities lending.

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Impact investing: Catalyzing systemic change 

Candid

Examples of PRIs include investments in community development financial institutions, which make loans to small businesses owned by members of economically disadvantaged groups in underinvested communities. PRIs and MRIs are about investing in under-served businesses or aligning investments with values—within the current system.

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Getting to Know Our Consultants: Olliette Murry-Drobot

Momentum Nonprofit Partners

I served as the Program Director for community development and microenterprise development at MIFA. For seven years, I served as the Senior Program Officer for a financial intermediary providing grant making, technical assistance, and training for community development corporations, and grassroots organizations.

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A Social Movement Requires Momentum

Stanford Social Innovation Review

By Lisa Nutter & Tim Freudlich The simple physics equation, momentum = mass x velocity, tells us that momentum is a value we can control. What if corporations adopted commitments to maximize value for workers and communities, in addition to generating wealth for shareholders?

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Community Finance Alliance Launches Racial Equity Scorecard

NonProfit Quarterly

Community development financial institutions (CDFIs) have a mission to counter redlining and support lending in low-income and BIPOC communities. We were putting together a small grantmaking fund called the Black Liberation Initiative to recognize the urgency of investing in Black leadership and Black power building.

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