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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 Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

Opportunities and Challenges LECs offer significant opportunities for community development practitioners and more importantly for low- and moderate-income households seeking to own a home. This includes providing comprehensive support services to its newly created LECs and members to assist with property management and governance.

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From Impact Investing to “Impact-First” Investing—What Is the Field Learning?

NonProfit Quarterly

billion) in assets under management and a 30-year track record, isnt wrong per se. Five years ago, BII launched a cohort-based approach to help organizations in other communities set up similar funds. Venture funds are self-sustaining, with management fees on large investments more than covering expenses. Each fund is unique.

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How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Here are a few viable approaches that we have encountered: Collaborate with mission-aligned institutions : This might include partnerships with community development financial institutions (CDFIs), Minority Depository Institutions (MDIs), or local credit unions. What might building strategic relationships look like?

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

NonProfit Quarterly

Housing co-ops have a board of directors composed of member-residents which is responsible for overseeing the management of the property and planning for future renovations, much like a homeowner association. In the United States, when the size of a LEHC is above 20 units, it usually requires a professional management company.

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Overcoming Fear and Seeking Solidarity: How We Must Defend Our Communities

NonProfit Quarterly

A conflicts results no doubt hinge on how we manage conflict within ourselves. A couple of weeks ago, the community development financial institution (CDFI), where I work, Inclusive Action for the City , wrote a statement on our response to the attacks on the CDFI Fund. Change Begins with Us Change does begin with us.

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What do nonprofits struggle with the most?

Blue Avocado

Nonprofits are crucial for communities, but they face significant hurdles. These organizations face many common challenges like securing sustainable funding, managing volunteer engagement, and navigating internal dynamics that can hinder their vital work.