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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. By contrast, according to the US SIF (Sustainable Investment Forum), the CDFI industry (including community development banks and credit unions) had $457.9

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Scott Resumes Giving Away Millions In Large Chunks

The NonProfit Times

Coastal Enterprises in Brunswick, Maine received $25 million, the Nonprofit Finance Fund was awarded $22 million, and Craft3 in Seattle announced it received $15 million. This is Scott’s second grant to LISC, one of the nation’s largest community development organizations.

Finance 93
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Nonprofits Need Equity Too: The Case for Providing “Enterprise Capital”

NonProfit Quarterly

Unlike operational grants, which typically support current programs and administrative needs, enterprise capital is funding that is focused specifically on helping nonprofits build the organizational infrastructure to engage in long-term, high-impact, systems-change work, while growing financial resilience.

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How to Preserve Existing Affordable Housing: The Value of Human Scale

NonProfit Quarterly

In Washington, DC, the city’s Department of Housing and Community Development reports that 18,300 units of affordable housing of this kind became unaffordable between 2006 and 2017. This is no small matter. This loss of affordability is related to other challenges that DC renters and the city have been facing.

Values 137
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Protecting Nonprofits That Protect Us During Crises—and Beyond

NonProfit Quarterly

If we want nonprofits to support us in the next crisis, they must have sufficient resources. And to know what nonprofits need to do their jobs effectively, we must ask them directly.

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Connecting Faith Institutions to Capital

NonProfit Quarterly

Aisha Benson , CEO of the Nonprofit Finance Fund , emphasized the long-term impact of redlining , a policy of legalized housing lending discrimination backed by the federal government from the 1930s until the passage of the Fair Housing Act of 1968.

Finance 105
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Meeting Your Fundraising Goal - This Year and Next

Lets Talk Nonprofit

I work with many nonprofit groups that could be deeply impacted by the proposed cuts. Programs like 21st Century Community Learning Centers, those funded by Community Development Block Grants, and many more. Do you know where things stand with your nonprofit's finances?