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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 Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

Policies such as redlining , as highlighted in Richard Rothsteins The Color of Law , created entrenched housing inequities. The Launch of Limited Equity Cooperatives The LEC is a tool developed to extend access to homeownership to low- and moderate-income buyers. First, acquisition costs in high-demand areas can be expensive.

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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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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. Laws and regulations supporting LEHCs vary from state to state and country to country.

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How to Help People of Color Become Homeowners: Data from Philadelphia

NonProfit Quarterly

Our recent research shows that even when Black and White applicants have similar financial qualifications, Black prospective buyers face higher denial rates, highlighting why aggressive enforcement of antidiscrimination laws is so important. The most crucial asset that nonprofits can bring to the table is trust.

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Democracy in Peril: In South Africa, Will Philanthropy Back Economic Justice?

NonProfit Quarterly

The other is that global philanthropy itself is under threat as South African “populist” opposition advocates for so-called “ foreign agent laws.” Similar laws have already rapidly spread across Europe and Central Asia , yet South Africa has avoided them so far. Today, that democracy is fraying. With an estimated 55.5

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Executive Director

Anedot

The ED is responsible for leading and managing all functional areas of the organization, including financial management, staff leadership, program oversight, community engagement and fundraising. Perform annual management employee reviews and support individual professional development.