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How to Advance BIPOC Empowerment in the Renewable Energy Industry

NonProfit Quarterly

Image Credit: PeopleImages on iStock The view from the trenches in frontline BIPOC communities fighting for resources is hopeful, though sobering: there has been a boom in energy and interest since the passage of the Inflation Reduction Act (IRA) in 2022. Distributed solar comes at a high price, however.

Energy 132
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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. And guarantees are much less common in other fields, such as community-focused renewable energy.

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How UPROSE Is Creating Clean Energy in Brooklyn

NonProfit Quarterly

The solar developer builds clean-energy projects that help communities acquire long-term wealth and energy assets through impact investing, technical support, and project financing. This type of community-owned solar will be the first of its kind in Brooklyn.” How will Sunset Park Solar work? says Yeampierre.

Energy 132
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Building Energy Independence, Unlocking Economic Potential

NonProfit Quarterly

Image Credit: Wilson Vitorino on pexels.com Rural America is primarily powered by electric cooperatives , which have tripled their renewable energy capacity over the last decade. Nigeria’s rural electrification expansion can teach the US the importance of meeting communities where they are as we move away from our dependence on fossil fuels.

Energy 110
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What’s Next for CDFIs? The Challenge and Opportunity of Place

NonProfit Quarterly

Image Credit: Brian Koellish on iStock Nearly a third of US communities are CDFI deserts. In these turbulent times, many leaders of the nations growing network of community development financial institutions (CDFIs)which now collectively manage $468 billion in assets, a 615 percent increase over the past decadehave high hopes.

Finance 105
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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. Additionally, many jurisdictions have extended a right to first refusal specifically to residents in manufactured housing communities.

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From Impact Investing to “Impact-First” Investing—What Is the Field Learning?

NonProfit Quarterly

An investment portfolio that limits energy investments to renewables, for example, may well outperform a portfolio that includes fossil fuel firms; holding on to fossil fuel stocks is arguably riskier. This analysis, offered by Triodos , a firm with over $6 billion (5.9 Activating these funding streams will be challenging but not impossible.