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What Is a Community Development Corporation?

NonProfit Quarterly

Image credit: coffeekai on istock.com Community is one of humanity’s great achievements. Yet community development corporations , a $28 billion sector of over 6,200 nonprofits that support local community economic development, are largely invisible in the national conversation. But numbers only get you so far.

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How to Close the Racial Homeownership Gap

NonProfit Quarterly

We know that the racial homeownership gap is, in large measure, the product of historic redlining , as well as past and ongoing discrimination. A Community Finance Solution While barriers to homeownership persist for households of color, these barriers are possible to overcome.

Finance 120
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Community Development Must Center Power Building: A San Francisco Story

NonProfit Quarterly

Image credit: Matt Briney on unsplash.com This is the second article in NPQ ’s series titled Building Power, Fighting Displacement: Stories from Asian Pacific America, coproduced with the National Coalition for Asian Pacific American Community Development ( National CAPACD ). Photo courtesy of CCDC.

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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. Even though Washington, DC, has lost many affordable housing units, its community ownership legislation has helped stem the tide.

Values 119
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Containing Gentrification: A Story from the Nation’s Capital

NonProfit Quarterly

Image Credit: Bruno Guerrero on unsplash.com This is the third article in NPQ ’s series titled Owning the Economy: Stories from Latinx Communities. Among the coalition participants is the organization I work for, the Latino Economic Development Corporation.

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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , the authors highlight efforts to address multigenerational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta. Regions Bank was its only financial institution.

Poverty 122
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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

At the same time, many community development nonprofits face challenges in securing the capital needed to carry out their core missions and, importantly, to test new ideas and strategies. From inception, the pool was centered on community development financing activities and emphasized racial, gender, and economic equity.