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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. There is, however, a way for nonprofits to gain greater access to “flexible” capital and for foundations to generate a financial return.

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

NonProfit Quarterly

billion) in assets under management and a 30-year track record, isnt wrong per se. 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. Each fund is unique.

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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 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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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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Industry Founders Challenge CDFIs to Embrace a More Expansive Vision

NonProfit Quarterly

Image credit: Drew Beamer on Unsplash For community development financial institutions (CDFIs), these are extraordinary times. Special attention was placed on the Greenhouse Gas Reduction Fund , a $27 billion clean-energy loan fund created by last year’s Inflation Reduction Act. [Today] CDFI assets total $457.9 That’s true.

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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.