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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. 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.

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From Owing to Owning: How Communities Can Control Commercial Land

NonProfit Quarterly

Nonetheless, the examples speak to the potential for community organizing, when connected to land acquisition funds, to greatly improve prospects for businesses and residents in low-income communities and communities of color. Often, preserving local business access to commercial land is a central concern.

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Setting a Co-op Table for Food Justice in Louisville

NonProfit Quarterly

Two White women and one Black woman, who shared a history of food and farm activism, led the initial campaign to form Louisville Community Grocery. Until 2019, most engaged volunteers were White and motivated by concerns with food justice. The work has just begun, but we are excited to take the next steps. Notes See also L.

Food 111
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¡Adelante! A Latinx Community Organizes to Generate Community Wealth

NonProfit Quarterly

Image Credit: Daniel Xavier on pexels This is the fourth article in NPQ ’s series titled Owning the Economy: Stories from Latinx Communities. How does a small Latinx community organize itself to support homegrown businesses? Looking to expand and develop a permanent storefront, they participated in the food business course.

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A Primer for Incubating Child Care Businesses

NonProfit Quarterly

The need to develop more childcare businesses is obvious, but how to build and sustain viable childcare businesses is not. the community development financial institution where I work, lends to families and businesses throughout the state of Maine. All are coached through the licensing process and learn how to secure financing.

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Can Universities Build Community? A Conference Explores Possible Paths

NonProfit Quarterly

In terms of concrete projects, conference participants offered many examples. Often, these examples involved the creation of community facilities that are university financed but community-led spacesor what Cantor called third spaces. This is a real problem that affects community partnership work.

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CDFIs Transform Rural Economies. We Just Need to Get Them There.

Stanford Social Innovation Review

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.