NonProfit Quarterly

JUNE 7, 2023

Coproduced by Partners for Rural Transformation , a coalition of six regional community development financial institutions, and NPQ , authors highlight efforts to address multi-generational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta.

Poverty 112

Poverty Community Development Construction Finance 112

NonProfit Quarterly

FEBRUARY 7, 2024

However, this also means that residents contribute very little equity to reduce financing costs. As a result, financing costs can run as much as 110 percent of the purchase price. ROC USA can make this work because it can extend financing via its community development financial institution (CDFI) subsidiary.

Manufacturing 111

Manufacturing Finance Nonprofit governance and management Law 111

NonProfit Quarterly

FEBRUARY 15, 2023

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 111

Food Finance Community Development Culture 111

NonProfit Quarterly

MAY 17, 2023

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , the authors highlight efforts to address multigenerational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta.

Poverty 127

Poverty Community Development Finance Philanthropy 127

The NonProfit Times

NOVEMBER 18, 2024

Coastal Enterprises in Brunswick, Maine received $25 million, the Nonprofit Finance Fund was awarded $22 million, and Craft3 in Seattle announced it received $15 million. This is Scott’s second grant to LISC, one of the nation’s largest community development organizations.

Finance 93

Finance Retail Nonprofit Finance Health 93

NonProfit Leadership Alliance

MAY 23, 2024

Unfortunately for the nonprofit sector, higher overhead costs are correlated to an organization being irresponsible with its finances, ineffective, unable to carry out its mission, and even unethical. For many organizations, capacity building would fall into the “overhead” category.

Public and Social Policy 229

Public and Social Policy Nonprofit Administration and Development Nonprofit governance and management Public and Nonprofit Management 229

NonProfit Quarterly

JANUARY 8, 2025

Instead, public banks partner with local banks to expand community-driven impacts. PBEB has worked with some extraordinary public banking advocates, lawyers, and finance experts to craft a detailed business plan and ensure that our bank will meet regulatory requirements.

Nonprofit governance and management 115

Nonprofit governance and management Public and Nonprofit Management Governance Finance 115

NonProfit Quarterly

JULY 17, 2024

The third piece is financing. So as folks have talked about, there’s predevelopment financing, acquisition, rehab or construction, and then the long-term permanent financing. “We’re so concerned…with saving the property in the first place that we often forget we need long-term support for building management and sustainability.”

Finance 108

Finance Construction Management Education 108

NonProfit Quarterly

APRIL 3, 2024

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 is no small matter. This loss of affordability is related to other challenges that DC renters and the city have been facing.

Values 119

Values Public and Nonprofit Management Construction Finance 119

NonProfit Quarterly

JANUARY 17, 2024

One driver of this ongoing inequality is the current federal system of financing, which largely depends on two government-sponsored enterprises (GSEs)— Fannie Mae and Freddie Mac. A Community Finance Solution While barriers to homeownership persist for households of color, these barriers are possible to overcome.

Finance 124

Finance Production Insurance Values 124

NonProfit Quarterly

OCTOBER 9, 2024

That vision is reflected in what is known today as the Detroit Food Commons , a two-story, 34,000-square foot building that holds a 15,000-square-foot food co-op, offices for DBCFSN, a banquet hall for community events, and four commercial kitchens that local food business owners can rent. We did a lot of community engagement sessions.”

Food 133

Food Nonprofit governance and management Finance Governance 133

NonProfit Quarterly

NOVEMBER 29, 2023

Image credit: Drew Beamer on Unsplash For community development financial institutions (CDFIs), these are extraordinary times. At this year’s sector conference, organized by the Opportunity Finance Network (OFN), a sellout crowd of over 2,200 people participated and considered where CDFIs needed to go and what they needed to do.

Nonprofit Administration and Development 103

Nonprofit Administration and Development Nonprofit governance and management Finance Public and Nonprofit Management 103

Nonprofit Marketing Guide

MARCH 20, 2017

While working at a small loan fund in Chicago, she became interested in alternative community development financing approaches. Outside of work, Kallie enjoys exploring underestimated places, photographing the prairie and its people, reading, biking and, whenever possible, listening to podcasts.

Communication 107

Communication Finance Community Development Foundations 107

NonProfit Quarterly

OCTOBER 24, 2023

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.

Public and Social Policy 141

Public and Social Policy Construction Community Development Governance 141

NonProfit Quarterly

JANUARY 15, 2025

But if the goal is to build a solidarity economy or foster a structural shift in the economy so that US business owners of color have the same ability to finance and develop thriving businesses as White business owners, then investor willingness to sacrifice some degree of financial return for social impact is required.

Public and Social Policy 86

Public and Social Policy Public and Nonprofit Management Nonprofit governance and management Public Policy 86

Stanford Social Innovation Review

MAY 17, 2023

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 115

Marketing Marketing Nonprofit Administration and Development Nonprofit governance and management 115

NonProfit Quarterly

MAY 24, 2023

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , authors highlight efforts to address multi-generational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta.

Poverty 103

Poverty Agriculture Community Development Culture 103

NonProfit Quarterly

JANUARY 10, 2024

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. An ally had reached out separately to Seed Commons , a cooperative network of funds that finance worker cooperatives across the United States.

Non-Profits 104

Non-Profits Finance Collaborations Public and Nonprofit Management 104

NonProfit Quarterly

APRIL 5, 2023

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 model will allow UPROSE to earn revenue that can be directed to a community fund to help vulnerable individuals and families in Sunset Park.

Energy 129

Energy Environmental Finance Governance 129

NonProfit Quarterly

JANUARY 18, 2023

In response, our two groups—the Latino Support Network , a local community development corporation, and Grassroots Finance Action , a consortium of savings group experts—decided to test whether, with a small financial investment, the reach of these savings circles could be extended to immigrants in Lynn more broadly.

Finance 103

Finance Nonprofit Administration and Development Public and Nonprofit Management Construction 103

NonProfit Quarterly

MAY 10, 2023

The conference brings together hundreds of community activists, government officials, and bank community development officers. That is how Rohit Chopra , who directs the Consumer Finance Protection Bureau , described federal administration of the Paycheck Protection Program in his conference address.

Finance 109

Finance Law Governance Entrepreneurship 109

NonProfit Quarterly

FEBRUARY 16, 2023

For years, I have directed IFF , a community development financial institution that specializes in nonprofit facilities lending. A Hierarchy of Nonprofit Facilities’ Needs After 30 years in community development, I have come to think of nonprofit facilities as existing on a continuum of need.

Values 110

Values Community Development Psychology Healthcare 110

NonProfit Quarterly

JANUARY 25, 2023

A salient example is of organizations that are focused on community development but invest in mass incarceration. Investment committee members may come from traditional finance backgrounds and may not understand how or why to integrate impact into portfolio management.

Public and Social Policy 109

Public and Social Policy Nonprofit governance and management Public and Nonprofit Management Non-Profits 109

NonProfit Quarterly

OCTOBER 4, 2023

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.

Entrepreneurship 115

Entrepreneurship Philanthropy Public and Social Policy Foundations 115

Stanford Social Innovation Review

OCTOBER 30, 2024

Enter community development financial institutions (CDFIs). Relying on these common expectations of rural failure, fellow leaders in finance told PeopleFund they would “get burned” with setting up an office in rural East Texas. Popular rural narratives drive out, rather than drive in, interest and investment.

Nonprofit Administration and Development 105

Nonprofit Administration and Development Entrepreneurship Finance Agriculture 105

NonProfit Quarterly

FEBRUARY 15, 2023

For example, to secure loans to finance employee-ownership conversions, personal loan guarantees are often required. Impact investment and non-bank financing from community development financial institutions also remain limited.

Public and Social Policy 104

Public and Social Policy Finance Governance Culture 104

NonProfit Quarterly

FEBRUARY 14, 2024

Even as the slow wheels of policy change grind away to address discrimination in the banking system through modernizing the Community Reinvestment Act (along with other initiatives ), allocators of philanthropic and impact investment capital can use tools they have at their disposal right now to change the field.

Finance 78

Finance Culture Foundations Public and Social Policy 78

Stanford Social Innovation Review

MARCH 29, 2023

What if the tens of thousands of churches currently projected to close in the next few years put their assets into trusts deeply aligned with community development, versus stranding those assets and real estate as they shutter?

Nonprofit governance and management 115

Nonprofit governance and management Public and Social Policy Public and Nonprofit Management Community Development 115

NonProfit Quarterly

JUNE 13, 2023

Aisha Benson , CEO of the Nonprofit Finance Fund , emphasized the long-term impact of redlining , a policy of legalized housing lending discrimination backed by the federal government from the 1930s until the passage of the Fair Housing Act of 1968. The potential structure and uses of concessionary capital are clear.

Finance 87

Finance Homelessness Healthcare Foundations 87

NonProfit Quarterly

NOVEMBER 9, 2022

While these objectives differ, there is a clear overlap of priorities and opportunities to advance shared equitable community development goals. Different yet complementary objectives : Land banks focus on addressing large inventories of vacant and abandoned properties, while CLTs focus on creating and preserving affordability.

Public and Social Policy 111

Public and Social Policy Governance Community Development Agriculture 111

NonProfit Quarterly

JULY 31, 2024

And what they actually did was they worked with Mi Casa to form a limited equity co-op that was financed using local money, federal money, and then also enhanced Section 8 vouchers that gave them the income that they needed to operate the townhomes as a cooperative. [It It is] still in existence today.

Finance 104

Finance Associations Community Development 104

NonProfit Quarterly

OCTOBER 23, 2024

Building for the Future At the conference, Kate Khatib, co-executive director of Seed Commons, a leading community development financial institution (CDFI) lender to worker co-ops, called on the movement to set the audacious goal of expanding to one million worker co-op members and $100 billion in revenue in the next 10 years.

Public and Social Policy 107

Public and Social Policy Public Policy Public and Nonprofit Management Culture 107

NonProfit Quarterly

OCTOBER 28, 2024

Floating Doctors similarly offers mobile healthcare, education, and community development to underserved communities worldwide. Mercy Ships is not the only medical NGO that offers medical care by boat, but it is one the largest.

Medical 96

Medical Healthcare Nonprofit governance and management Health 96

NonProfit Quarterly

JULY 26, 2023

Image Credit: Bruno Guerrero on unsplash.com This is the third article in NPQ ’s series titled Owning the Economy: Stories from Latinx Communities. Among the coalition participants is the organization I work for, the Latino Economic Development Corporation.

Construction 92

Construction Community Development Governance Environmental 92

NonProfit Quarterly

NOVEMBER 21, 2022

To that end, the Nonprofit Finance Fund conducted its ninth national State of the Nonprofit Sector Survey in the first quarter of 2022 to ask nonprofits about how they were faring and their resource needs during this once-in-a-generation moment. If we want nonprofits to support us in the next crisis, they must have sufficient resources.

Governance 96

Governance Race and Ethnicity Nonprofit Administration and Development Finance 96

Stanford Social Innovation Review

JUNE 15, 2023

One of the most important seemed to be advocating for state housing finance agencies to include the Green Communities Criteria, a set of green building standards released by Enterprise Community Partners’ Green Communities Initiative in 2005, as the standard for all affordable housing financed through its federal funding.

Public and Social Policy 102

Public and Social Policy Environmental Finance Governance 102

NonProfit Quarterly

AUGUST 16, 2023

Image credit: Corey Agopian on unsplash.com This article concludes NPQ’s series Owning the Economy: Stories from Latinx Communities. It also laid out the building blocks to achieving three key goals: Establish the infrastructure and processes to drive inclusive equitable community development. A falta de pan, casabe.

Public and Nonprofit Management 85

Public and Nonprofit Management Community Development Nonprofit governance and management Cultural Diversity 85