Remove Community Development Remove Law Remove Poverty
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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 to Help People of Color Become Homeowners: Data from Philadelphia

NonProfit Quarterly

In our 2023 study, our researchers found that the four lowest-cost market categories had median sale prices ranging from $45,000 to $154,000compared to a city median of about $250,000and above-average poverty rates ranging from 23 to 49 percent in a city with the unfortunate distinction of being the poorest big city.

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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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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Often, the very same nonprofit that is advocating for social justice policy may pay its own workers poverty-level wages. Nelson Colón of the Puerto Rico Community Foundation, and Clara Miller, president emerita of the Heron Foundation—come from philanthropy. The other five work for nonprofit intermediary organizations.

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Gumbo for the Struggle: Recipes of Liberation from the Cultural Kitchen

NonProfit Quarterly

million in renovations to support a community-developed plan to reopen this legacy site as a collectively owned community asset. BAMBD CDC is an arts-based organization invested in community development writ large. These spaces are now closed, and gentrification is encroaching upon the buildings that housed them.

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Fighting for Cleaner Air in East Boston

NonProfit Quarterly

Through collaborative action, Mothers Out Front East Boston is fighting for the right to breathe clean air and live and work in a community that is safe and healthy. We are demanding equal protection and equal enforcement of environmental laws and regulations. East Boston is a historically working-class, immigrant neighborhood.

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From Owing to Owning: How Communities Can Control Commercial Land

NonProfit Quarterly

For instance, the Anchorage Community Land Trust , which began in 2003 and is the oldest example reviewed in the report, acquired land in a BIPOC neighborhood that had a 25.1 percent poverty rate (as of 2001). Seeded with an initial $5 million grant from a local foundation, the land trust acquired nine parcels between 2005 and 2011.