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Impact Investing Can’t Deliver by Chasing Market Returns

Stanford Social Innovation Review

Most practitioners working in community development have accepted this as the reality of impact investing: The harder you drive for social impact in disadvantaged communities, the farther away you get from unbuffered full market return.

Marketing 122
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Black Organizers in Boston’s Roxbury Neighborhood Provide a Path Forward

NonProfit Quarterly

Image credit: Drew Katz Black Bostonian communities citywide have more than just something to say for themselves: their economies are building institutions that prioritize asset-based community development and are creating the foundations for a local solidarity economy.

Food 107
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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 95
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Community Ownership of Real Estate: A Los Angeles Story

NonProfit Quarterly

At a recent professional dinner, I struck up a fascinating conversation with a woman who has spent her legal career working in civil rights, housing, and community development. Such phenomena are root causes of many challenges facing urban communities of color today. Image Credit: Mustapha Saadouni on unsplash.com.

Finance 90
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“Educational Purposes”: Nonprofit Land as a Vital Site of Struggle

NonProfit Quarterly

A young adult explained how Yale’s expansion into the neighborhood was a direct agent of violence, both raising property values and pushing youth into dangerous enemy gang territory. The greater value of campus land is in its nonprofit tax- exempt status, which serves as a financial shelter for profitable research and private investors.