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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. While common in some sectors like housing finance, these guarantees have typically been issued by public entities, not by philanthropy.

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Making Policy Work for Rural Communities: The Value of Community Voice

NonProfit Quarterly

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. This helped preserve more than 17,000 jobs.

Values 130
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How Philanthropy Can Show Up for an Arts Solidarity Economy

NonProfit Quarterly

There are specific funding strategies that philanthropy can employ to shield artists from the capitalist market. Troutman insists, “Historic Clayborn Temple, and others like us, can teach philanthropy a few things.…Artists Anasa is right: Artists can indeed help philanthropy rethink its pace and purpose.

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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

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 131
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How Resident-Owned Communities Can Create Mass Affordable Homeownership

NonProfit Quarterly

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.

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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.

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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

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. This is trust-based philanthropy at its best. Yet even after having been awarded an $11.2 Fortunately, the network was paying off.