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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. Opportunities and Challenges LECs offer significant opportunities for community development practitioners and more importantly for low- and moderate-income households seeking to own a home.

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

NonProfit Quarterly

Laws and regulations supporting LEHCs vary from state to state and country to country. The San Francisco Community Land Trust , Asian Law Caucus , and Chinatown Community Development Center teamed up to buy the building and transform it into a cooperative.

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The Playbook: How to Organize and Stop Megaprojects

NonProfit Quarterly

Expansion of the surveillance state : The Olympics—as law professor Anne Toomey McKenna notes —are a venue famous (or infamous) for “pervasive and persistent surveillance before, during, and after the Games.” Stage 3: Go Public Economic or community development…must replace a “thing focus” with a “people focus.”

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How a Community Purchase Law in San Francisco Promotes Affordable Housing

NonProfit Quarterly

José García: So, for COPA [ Community Opportunity to Purchase Act ], on the rental side, once you access any of these funds from the city of San Francisco, the property is deed-restricted for the next 75 years. View the full webinar here.

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The Next Generation of Mutualism

Stanford Social Innovation Review

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. The left has often undercut a notion of a mutualist future by insisting that every problem needs a large centralized government solution.

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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.