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From Impact Investing to “Impact-First” Investing—What Is the Field Learning?

NonProfit Quarterly

Image Credit: PeopleImages on iStock What does impact investingthat is, investing with social benefit in minddemand of investors? Many in the field have long held it demands virtually nothing, that an investor can have a social impact without sacrificing a penny of their own.

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A Banker’s Case for Public Banking

NonProfit Quarterly

This has led me to the conclusion that if we want to close the racial wealth gap, we need to get serious about public banking. Public banking could help change these dynamics. Public banking could help change these dynamics. How did I come to adopt this position? My journey began far from the financial world.

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Building Social Housing from the Ground Up: Grassroots Perspectives

NonProfit Quarterly

Most government housing funding is spent on subsidizing mortgages—primarily for the well-to-do. Faced with a broken system, more Americans—across urban, suburban, exurban, and rural communities—are rallying around a positive vision for the future, one rooted in social housing systems that ensure housing for all.

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??How Community-Based Public Space Can Build Civic Trust: Lessons from Akron

NonProfit Quarterly

Many times, government and nonprofit representatives had come to Starleen’s Summit Lake neighborhood and indicated that things were going to improve, but not much ever came of it. “My In Akron, more than 20 public, nonprofit, and community groups came together to form the Civic Commons team. My first thought was, ‘Here we go.

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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. Financial guarantees are a powerful tool, yet they are underutilized in the social sector. One confounding challenge is low field awareness.

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Lifting a Powerful Policy Lever for Housing Justice

Stanford Social Innovation Review

By Tiffany Manuel & Dana Bourland What if government, the philanthropic sector, and community advocates could pull a policy lever and advance housing, climate, and racial justice all at once? Public comment ended in April 2023, and HUD will likely release the final rule sometime later this year.

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A Social Movement Requires Momentum

Stanford Social Innovation Review

In the realm of social change, community-based leaders are skilled at influencing and using momentum to advance local solutions but often lack all the financial resources they need to push those solutions to their full potential. In its wake, momentum for change seemed to build.