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What Is a Community Development Corporation?

NonProfit Quarterly

Image credit: coffeekai on istock.com Community is one of humanity’s great achievements. Yet community development corporations , a $28 billion sector of over 6,200 nonprofits that support local community economic development, are largely invisible in the national conversation. That was part of the problem.

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What are the Biggest Challenges in Getting (and Keeping) Your Nonprofit’s Staff and Volunteers?

Blue Avocado

When we recently asked the Blue Avocado community, “What is your biggest challenge in recruiting and retaining skilled staff or volunteers?” It has been increasingly difficult to not only recruit and retain skilled staff, but just to get them to the interview process!

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What’s Next for CDFIs? The Challenge and Opportunity of Place

NonProfit Quarterly

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 community development financial institutions (CDFIs)which now collectively manage $468 billion in assets, a 615 percent increase over the past decadehave high hopes.

Finance 105
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Scott Resumes Giving Away Millions In Large Chunks

The NonProfit Times

In the Fall of 2023, organizations top-rated by their peers advanced to a second round of review by an external Evaluation Panel recruited for relevant experience to the cause and underwent a final round of due diligence. This is Scott’s second grant to LISC, one of the nation’s largest community development organizations.

Finance 93
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From Scarcity to Inspiration: Rethinking the Value of Nonprofit Facilities

NonProfit Quarterly

For years, I have directed IFF , a community development financial institution that specializes in nonprofit facilities lending. A Hierarchy of Nonprofit Facilities’ Needs After 30 years in community development, I have come to think of nonprofit facilities as existing on a continuum of need.

Values 121
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A Primer for Incubating Child Care Businesses

NonProfit Quarterly

The need to develop more childcare businesses is obvious, but how to build and sustain viable childcare businesses is not. the community development financial institution where I work, lends to families and businesses throughout the state of Maine. Recruiting a cohort is tricky. What can be done to address this gap?

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Industry Founders Challenge CDFIs to Embrace a More Expansive Vision

NonProfit Quarterly

Image credit: Drew Beamer on Unsplash For community development financial institutions (CDFIs), these are extraordinary times. Houghton noted that the CDFI has “gotten very careful of how they screen for the bankers they recruit.” It was a real estate development company. It was a nonprofit.