funding cuts
Two Sides of the Coin in West Harlem: The Mixed Blessing of Multi-Year Funding
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A little more than halfway through a multi-year commitment, this nonprofit faces its own questions of organizational mortality and purpose.
community development
Who Is the “Neighborhood” in Neighborhood Improvement Efforts?
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A new study finds that California’s business improvement and community benefit districts often work against the interests of those who are homeless.
community land trusts
Freddie Mac To Purchase Community Land Trust Mortgages
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Freddie Mac, a government-sponsored enterprise that guarantees over $2 trillion in mortgage loans, has announced a new policy to acquire community land trust loans from issuing banks and credit unions, making financing of community land trusts far easier.
community development
What Does Inclusive Economic Development Look Like?
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A pair of community economic development consultants lay out some principles for inclusive economic development in small towns.
community building
Community Reinvestment Act: In Need of a Refresh?
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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.
communities of color
Wealth Building for Equity: Lessons from the Twin Cities
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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.
Voices from the Field
Community Development as if People Matter: Lessons from Nigeria
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The nongovernmental organization (NGO) community knows that resident voice and participation are essential to meeting community development and sustainability goals. But it isn’t easy to get there, as this Voices from the Field article from Nigeria, based on research conducted involving hundreds of nonprofits and community residents, details.
Flint
Flint Development Network Co-Chairs’ Explicit Role Is to Listen and Connect
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By working together and recognizing the collaborative’s collective assets, UACC offers insight into how community-led development efforts can reverse entrenched patterns and provide hope.
community development
Montana Co-op Developers and State Officials Partner for Rural Investment
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In Montana, a co-op development center, the governor’s office for economic development, and state agencies are partnering to create a rural investment cooperative to provide capital to support cooperative startups.
community development
Do Corporate Tax Abatements Belong in Community Economic Development Strategies?
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A new report on the use of corporate tax abatements and other giveaways to encourage business relocation finds that while the tax breaks may lead to short-term economic gains, these are often dwarfed by long-term negative impacts on education levels and as overall incomes.