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How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

One tool that is available to nonprofit housing developers to address this situation is the limited equity cooperative (LEC). This mechanism permits the seller to collect a modest increase in value while ensuring affordability to future buyers. By contrast, in market-rate co-ops, the sale price is uncapped.

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

NonProfit Quarterly

Most small buildings are what are known as “naturally occurring affordable housing” (NOAH), an industry term for buildings that have affordable rents without receiving public subsidies. Advocates are exploring a range of solutions, including joint ownership, targeted public investment, and housing preservation measures.

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How to Stop TIFs and Megaprojects: Stories from the Field

NonProfit Quarterly

In an ideal world, the public would have the right to determine our own futurethe people plan the development and improvement of our own communities rather than wealthy outsiders. Too often, elitesuse fancy tools of municipal finance like tax increment financing to expense development costs onto taxpayers, even as they profit.

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Public Land for Public Good: Preserving Miami’s Dominican Neighborhood

NonProfit Quarterly

Image credit: Corey Agopian on unsplash.com This article concludes NPQ’s series Owning the Economy: Stories from Latinx Communities. Those who’ve managed to scratch out a way to stay are at risk every day of being erased. Boost cultural economic development with commercial district revitalization strategies.

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Busting the Overhead Myth

NonProfit Leadership Alliance

How can nonprofits convince stakeholders to invest in capacity building? Capacity building is whatever is needed to bring a nonprofit to the next level of operational, programmatic, financial, or organizational maturity, so it may more effectively and efficiently advance its mission into the future. What is the Overhead Myth?

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How to Align Assets with Mission: Small Steps That Nonprofits Can Take

NonProfit Quarterly

Many in the nonprofit sector look at their income statements (also known as the “profit and loss” report), but unless you’re a chief financial officer or perform a similar role, you may spend far less time looking at your organization’s overall financial position. These assets help nonprofits deliver on their missions by generating income.

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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Image credit: Yuet Lam-Tsang Editors’ note: This article is from Nonprofit Quarterly Magazine ’s summer 2023 issue, “Movement Economies: Making Our Vision a Collective Reality.” W hat would a nonprofit sector that pursued economic justice look like? The other five work for nonprofit intermediary organizations. Two of them—Dr.