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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

This article introduces a new series, titled Eradicating Rural Poverty: The Power of Cooperation. For decades, community development financial institutions have delivered capital into communities and regions that otherwise suffer from disinvestment. This is true in urban areas and, critically, rural communities.

Poverty 117
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Housing Innovation in Rural America

NonProfit Quarterly

This article concludes the series : Eradicating Rural Poverty: The Power of Cooperation. The focus on high prices in red-hot urban real estate markets, a centerpiece of most national housing crisis analyses, overshadows the affordability challenges faced in rural America. million , an amount unimaginable in most rural communities.

Poverty 102
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Impact investing: Catalyzing systemic changeĀ 

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. The Heron Foundation , for example, works with mission-aligned, poverty-oriented investment managers to grow its assets.

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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Often, the very same nonprofit that is advocating for social justice policy may pay its own workers poverty-level wages. Nelson ColĆ³n of the Puerto Rico Community Foundation, and Clara Miller, president emerita of the Heron Foundationā€”come from philanthropy. The other five work for nonprofit intermediary organizations.

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Black Co-op Farms: Building a Worker Strategy in Mississippi

NonProfit Quarterly

Mississippi has a rich culture, but for generations, its Black communities have experienced health inequities intertwined with discrimination, poverty, and racial exclusion. Co-ops play a critical role in supporting Black farmers and communities across the state. A New Strategy .

Food 109
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Gumbo for the Struggle: Recipes of Liberation from the Cultural Kitchen

NonProfit Quarterly

million in renovations to support a community-developed plan to reopen this legacy site as a collectively owned community asset. BAMBD CDC is an arts-based organization invested in community development writ large. These spaces are now closed, and gentrification is encroaching upon the buildings that housed them.

Culture 97
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From Owing to Owning: How Communities Can Control Commercial Land

NonProfit Quarterly

ā€œFrom Owing to Owning,ā€ reads a sign at the entrance of Plaza 122, a 29,000-square-foot strip mall near the corner of SE 122nd Avenue and SE Market Street in Portland, OR. What makes the strip mall unique is its community ownership. percent poverty rate (as of 2001). Purchasing land was, in a sense, the easiest step.