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What’s Next for Community Development Finance?

NonProfit Quarterly

Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 community development loan funds with a combined $27 million in assets under management. By contrast, according to the US SIF (Sustainable Investment Forum), the CDFI industry (including community development banks and credit unions) had $457.9

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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. From inception, the pool was centered on community development financing activities and emphasized racial, gender, and economic equity.

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How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

The Launch of Limited Equity Cooperatives The LEC is a tool developed to extend access to homeownership to low- and moderate-income buyers. 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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The Next Generation of Mutualism

Stanford Social Innovation Review

The left has often undercut a notion of a mutualist future by insisting that every problem needs a large centralized government solution. To ensure mutualism thrives in the next generation, communities need laws, regulations, practices, and capital markets that encourage solidarity and investment outside of any given silo.

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Overcoming Fear and Seeking Solidarity: How We Must Defend Our Communities

NonProfit Quarterly

The decision to join a lawsuitagainst the federal government was not an easy one. A couple of weeks ago, the community development financial institution (CDFI), where I work, Inclusive Action for the City , wrote a statement on our response to the attacks on the CDFI Fund. Change Begins with Us Change does begin with us.

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Limited Equity Housing Cooperatives: Why They’re a Solution for Our Times

NonProfit Quarterly

Members of a housing cooperative have joint control over the governance of common areas like green spaces and playgrounds, and in the US, owners of a share in a co-op are entitled to the same tax deductions as homeowners. Buying housing as a group presents many advantages.

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How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Here are a few viable approaches that we have encountered: Collaborate with mission-aligned institutions : This might include partnerships with community development financial institutions (CDFIs), Minority Depository Institutions (MDIs), or local credit unions. What might building strategic relationships look like?

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