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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. The answers lie in finances transformative potential to drive systemic change.

Finance 119
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Faith Communities and Affordable Housing: Challenges and Opportunities

NonProfit Quarterly

Limited housing stock impacts families by raising their housing costs to unaffordable levels, forcing people to move or face homelessness. Since 2013, over 100 churches have sought housing and community development assistance and financing from the United Church of Christ Church Building & Loan Fund (CB&LF) that I direct.

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Connecting Faith Institutions to Capital

NonProfit Quarterly

He indicated that the church’s history fuels much of its mission work, including supporting a homelessness ministry and operating a voting precinct at the church to make sure that local West Jackson residents are not disenfranchised. “Faith institutions. are often the only game in town.

Finance 105
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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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How to Stop TIFs and Megaprojects: Stories from the Field

NonProfit Quarterly

Unfortunately, far too often, elitesour local oligarchs, if you willuse fancy tools of municipal finance like tax increment financing to expense development costs onto taxpayers, even as they profit. What Is Tax Increment Financing? Community organizing, it turns out, paid off.

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Can Compassionate Lending Bridge the Racial Wealth Divide?

NonProfit Quarterly

For example, through its partnership with FNL, UPILF was able to assist a young man on the verge of homelessness after the death of his infant son. UPILF also partners with NEST , a community development organization that offers loans and financial education to first-time homeowners in underserved Connecticut communities.

Education 107
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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Nelson Colón of the Puerto Rico Community Foundation, and Clara Miller, president emerita of the Heron Foundation—come from philanthropy. In a massive charitable response, vast networks of locally supported food pantries, coat drives, homeless shelters, community clinics, and free schools have been launched and sustained.