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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). They were initially marketed to wealthier urbanites, who wanted the advantages of individual homeownership without all the responsibilities it entailed.

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The Next Generation of Mutualism

Stanford Social Innovation Review

By Sara Horowitz You can feel it when you walk into a mutualist space for the first timewhether its a worker cooperative in North Carolina , a community garden , a labor-housing cooperative , a cohousing group in New York City, a nonprofit building in Portland, Oregon , or a social cooperative in the Italian Alps.

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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. That is the central conclusion of a new report released last December by Boston Impact Initiative , a nonprofit place-based investor in the Boston area and a promoter of the field nationwide.

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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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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. Today, our communities face multiple challengesranging from accelerating climate change to growing income inequality, from refugee crises to housing crises, and from basic food access to self-serving financial systems.

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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. In fact, most co-op housing units are sold at the market rate. Buying housing as a group presents many advantages.

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Nonprofits Need Equity Too: The Case for Providing “Enterprise Capital”

NonProfit Quarterly

Credit: Morgan Housel on Unsplash The funding landscape for nonprofits has undergone a seismic shift. Todays model for funding nonprofits and social enterprises is fundamentally broken. This means providing funding with the purpose of investing in the capacity of nonprofits to invest in their own enterprises.