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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 movement gained momentum with the support of government programs like Mitchell-Lama , which aimed to provide affordable housing through a public-private partnership.

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How to Stop TIFs and Megaprojects: Stories from the Field

NonProfit Quarterly

In an ideal world, the public would have the right to determine our own futurethe people plan the development and improvement of our own communities rather than wealthy outsiders. The research compiled by DPP and its allies was folded into community meetings and candidate forums for the 2021 municipal elections.

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Public Land for Public Good: Preserving Miami’s Dominican Neighborhood

NonProfit Quarterly

Image credit: Corey Agopian on unsplash.com This article concludes NPQ’s series Owning the Economy: Stories from Latinx Communities. Those who’ve managed to scratch out a way to stay are at risk every day of being erased. Boost cultural economic development with commercial district revitalization strategies.

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How to Preserve Existing Affordable Housing: The Value of Human Scale

NonProfit Quarterly

Most small buildings are what are known as “naturally occurring affordable housing” (NOAH), an industry term for buildings that have affordable rents without receiving public subsidies. Advocates are exploring a range of solutions, including joint ownership, targeted public investment, and housing preservation measures.

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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Image credit: Yuet Lam-Tsang Editors’ note: This article is from Nonprofit Quarterly Magazine ’s summer 2023 issue, “Movement Economies: Making Our Vision a Collective Reality.” W hat would a nonprofit sector that pursued economic justice look like? The other five work for nonprofit intermediary organizations. Two of them—Dr.

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Local Solutions to Federal Problems: Moving Climate Dollars to Communities

NonProfit Quarterly

Image credit: AndreyPopov on istock.com How can frontline communities access public funding for climate solutions? The same elements [needed for] BIPOC communities to benefit from public funding are also the most promising approaches to address…climate change. The answers are, well, complex.

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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.