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Image credit: Drew Beamer on Unsplash For communitydevelopment financial institutions (CDFIs), these are extraordinary times. One was the rise of nonprofits within the CDFI sector. An overwhelming majority of CDFIs today, however, are nonprofits. Houghton and Grzywinski are on the board of Craft3.
Image credit: Ahmad Odeh on Unsplash In this interview, the CEO of a California-based CDFI offers her observations on what her work as a theater director has taught her about nonprofit management. Sara Razavi: Within the CDFI [ communitydevelopment financial institution ] space, we are a nonprofit loan fund.
How can nonprofits help immigrants build community wealth? Nonprofit and public sector programs to promote savings are common. One of the more common forms is the matched savings account, often referred to as the individual development account, or IDA. Let the organizers develop and refine their strategy.
Image Credit: Brian Koellish on iStock Nearly a third of US communities are CDFI deserts. In these turbulent times, many leaders of the nations growing network of communitydevelopment financial institutions (CDFIs)which now collectively manage $468 billion in assets, a 615 percent increase over the past decadehave high hopes.
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