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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 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. Public funds amounting to billions of dollars are turned into private profits for services using your assets. The Peoples Money for the Peoples Needs What difference could a public bank make? It turns out, quite a lot. It turns out, quite a lot.

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A Political Roadmap to Social Housing: How Do We Win?

NonProfit Quarterly

Social housing is housing that is publicly owned or under democratic community control—permanently affordable, and off-limits to profiteers. It encompasses co-op, community land trust (CLT), mutual , and public housing, and can include a host of new and existing publicly supported models. What is Social Housing? As of 2023, 65.7

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US Nonprofit Sector Documents Its Own Powerlessness, but What Will We Do?

NonProfit Quarterly

Nonprofits canand ought toengage in a wide range of civic and election-related activities. Since 1973, I have started or led 14 nonprofit enterprises in the arts, community development, and civic engagement sectors. After all, 501c3 nonprofits cannot endorse candidates for public office.

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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). The Launch of Limited Equity Cooperatives The LEC is a tool developed to extend access to homeownership to low- and moderate-income buyers. First, acquisition costs in high-demand areas can be expensive.

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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.

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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. Each fund is unique.