Banking has changed in the 40 years since the CRA was enacted, and so has the ways communities and banks interact. To preserve the CRA’s goals, maybe it’s time to reframe the law.
In Minneapolis and St. Paul, Nexus, a funding intermediary, was attracted to the idea of “community wealth building”—that is, using common ownership of land and business to build wealth. But Nexus decided that the approach could only be effective if grounded in the cultures of the communities it serves.
Syracuse University ends a 10-year community-building initiative in Syracuse’s Near Westside. But the university’s example has helped inspire widespread emulation of its efforts by other public and nonprofit universities and hospitals across the nation.
Fresno is at the heart of a nearly million-person, rapidly growing, majority Latinx community in one of our nation’s most productive agricultural regions. It’s also often been a site of innovation in nonprofit-led community building.
Many died in a high-rise, public housing fire in London where tenants had been organizing for safer conditions but nobody listened. Who is accountable—the private management and development company or the local government that outsourced the function?
This is the third in a multi-part column by Simone Joyaux about linking autobiography to notions of philanthropy. Whose stories do you collect? Whose stories do you understand the best? Why?
The South Bronx has difficult health indicators, a high rate of poverty, and very little park space. But if all goes well, one nonprofit will help change some of that through developing three waterfront parks.
These platforms for online religious tithing are worth a look, if only for their mix of services aimed at community building.
This community-building, earth-saving concept seems like one that could be used in many communities by many nonprofits with great success.
