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How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Image credit: Getty Images on Unsplash Consider a food bank discovering that its operating reserves are in banks that finance industrial agriculture, the very system contributing to food insecurity and displacing small community farms. The answers lie in finances transformative potential to drive systemic change.

Finance 119
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How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

Opportunities and Challenges LECs offer significant opportunities for community development practitioners and more importantly for low- and moderate-income households seeking to own a home. million in financing to purchase the land. ROC USA helped the BJH Co-op secure $5.25 Engage partners to secure funding.

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Making Food Systems Work for People of Color: Six Action Steps

NonProfit Quarterly

And in so doing we are challenging the community development field to do better—by creating new tools to support truly equitable food-oriented development. Many large community development financial institutions , credit unions, and foundations present themselves as community-based food financing leaders.

Food 122
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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. The lack of access to financing [meant that the grant] nearly destroyed the organization. Gallardo’s closest collaborators include a tight-knit group of other passionate directors of new nonprofits with systems change missions.

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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 research was supported by the Small Buildings Collaborative with Mi Casa Inc., This is no small matter.

Values 137
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??How Community-Based Public Space Can Build Civic Trust: Lessons from Akron

NonProfit Quarterly

In the 1930s and ’40s, banks and federal government officials redlined Summit Lake—a neighborhood named for its beautiful glacial lake—making it virtually impossible for anyone to qualify for a mortgage in the neighborhood or for any property owner, commercial or otherwise, to qualify for financing to make improvements.

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Building Community Capacity in Rural East Texas: The Long Lift

NonProfit Quarterly

Temple ) and a community development financial institution ( Communities Unlimited ) are teaming to develop bottom-up structural solutions to building rural capacity. When we talk about economic development in East Texas, we often like to start with a the figure below, which comes from a T.L.L.