community development
Opportunity Zones Skip Over Hard-Hit Rural Places
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If you didn’t know better, you could conclude that Opportunity Zones were meant only for urban areas. In fact, about 40 percent are rural.
Nonprofit News
Nipsey Hussle’s Vision: Community Ownership as the Antidote to Gentrification
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The late rapper Nipsey Hussle has been praised for his philanthropy, but he also cared about community economic development. His vision included the idea that, to avoid gentrification, community residents must become co-owners of developments.
community development
In New Jersey, a Community-Building Vision Emerges
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In a new publication titled Thriving Cities, a network of 250 community-based organizations in New Jersey outlines their vision for building community and achieving greater economic justice.
Nonprofit News
Co-ops Can Help Close the Racial Wealth Gap, But Need a Policy Helping-Hand
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Can local co-op development in communities of color make a difference? It can, but linkages to broader strategies are critical to achieving long-term success.
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.