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The statement of intent from the government in part reads : “At this historic juncture, we must act to ensure stability and peace, tackling the triple challenges of poverty, unemployment and inequality, entrench our constitutional democracy and the rule of law, and to build a South Africa for all its people.” With an estimated 55.5
BIPOC communities are disproportionately impacted by social inequality, with higher rates of poverty and unemployment. This can make it difficult for BIPOC-led organizations to address the needs of their communities effectively, and can also limit their ability to attract and retain talented staff and volunteers.
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.
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). Paul, tells Duranti-Martinez, for publicpolicy to go beyond funding community ownership “experiments.”
Public bankscreated by governments and chartered to serve the public interestoffer a powerful model to advance racial equity, public accountability, and community self-determination. In New York, the public banking movement has taken root.
Previously, he said, “for much of the field of community organizing, there was a lot more race neutrality.” 23 William Gale, codirector of the Urban Brookings Tax Policy Center, concurs. Are poverty wages less miserable because your boss is Black? Steve Dubb, “What Does CommunityDevelopment for Liberation Look Like?,”
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.
Robust research demonstrates that high-quality housing in a thriving community is associated with improved physical and mental health, educational and developmental outcomes for children, and financial security and economic mobility for families.
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