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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. How can nonprofits and movement groups convert community desires into meaningful financial action?

Finance 119
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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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Local Solutions to Federal Problems: Moving Climate Dollars to Communities

NonProfit Quarterly

The same elements [needed for] BIPOC communities to benefit from public funding are also the most promising approaches to address…climate change. We derive these findings from a report we collaborated on, recently published by the National Resources Defense Council, that explored these issues.

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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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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. CRH is the only organization in the colonized territory actively collaborating with communities to transform the ever-present blight of abandoned buildings into habitable affordable housing and healthy community spaces.

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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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Organizing a Community Around Food Sovereignty

NonProfit Quarterly

Since January 2020, I’ve had the honor of leading the United Northeast Community Development Corporation (UNEC), a neighborhood-based community development corporation founded and led by residents of Northeast Indianapolis, a center of Black life in this Midwestern city for generations.

Food 111