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Scott Resumes Giving Away Millions In Large Chunks

The NonProfit Times

Coastal Enterprises in Brunswick, Maine received $25 million, the Nonprofit Finance Fund was awarded $22 million, and Craft3 in Seattle announced it received $15 million. Depending on the various sale dates, financial sources estimated the value to be anywhere from $8 billion to $11.5 million shares of her Amazon stock.

Finance 93
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How to Preserve Existing Affordable Housing: The Value of Human Scale

NonProfit Quarterly

In Washington, DC, the city’s Department of Housing and Community Development reports that 18,300 units of affordable housing of this kind became unaffordable between 2006 and 2017. This is no small matter. This loss of affordability is related to other challenges that DC renters and the city have been facing.

Values 136
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Faith Communities and Affordable Housing: Challenges and Opportunities

NonProfit Quarterly

For congregations, redevelopment of underutilized properties can unlock value and create measurable social and economic impact, especially in distressed communities. However, once sold, the land and its value will be forever lost to the church.

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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

CRH’s salvation eventually came in the form of a collaborative approach, pivoting toward a combination of emergency funding provided by a small family foundation; a nonprofit, non-extractive loan fund; a third-party investment firm; and a coalition of Latinx community development financial institutions (CDFIs).

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Connecting Faith Institutions to Capital

NonProfit Quarterly

The Value of Faith Institutions Several church leaders—both from Jackson and beyond—spoke at a plenary session about the challenges and opportunities facing faith institutions. Stephanie Swepson-Twitty of Eagle Market Streets Development Corp. Jackson is not for the faint of heart.

Finance 104
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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