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Bringing Justice Home

Chances are high that community developers are working in areas and with populations that are being strongly affected by overpolicing and hyper-incarceration. In this issue we take a look at that intersection.

A 21st Century Vision For Community Development

Today's economic crisis is devastating neighborhoods and households across the country. Urban, low-income communities that were slowly recovering from the disinvestment of earlier decades are now falling back to where they were in the 1970s. Rural communities, walloped by the collapse of key economic generators, have suffered no less. Families that had begun to break the cycle of poverty and build small amounts of savings are now being plunged back into debt. Yet, at a time when the work of community development corporations is more needed than ever, there are growing questions about their long-term viability and efficacy.

What Does the Future Hold For Fannie & Freddie?

The functions of Fannie Mae and Freddie Mac -- liquidity, stability, and access -- remain important for the housing economy. Indeed, the two companies today are providing more than 70 percent of all the financing for housing even while under conservatorship. But their collapse into the federal government's arms is causing a wholesale reevaluation of how best to provide those functions in the future.

Brave New World for Nonprofits

The current "bathtub recession" poses a drowning hazard for community development and housing groups, as philanthropic giving shrinks and foundations look beyond nonprofits for solutions to social problems.

More Mission

The Affordable Housing Program of the Federal Home Loan Banks is a marked success, and should be a model for expanding the system's investment in economic development.

How LISC, Enterprise Hope to Bring More Capital to Developers of...

Two large community development intermediaries have announced major racial equity initiatives that emphasize how affordable housing gets built—and who builds it.

Shelterforce Interview: Raphael Bostic, HUD Assistant Secretary for Policy Development and...

Bostic, now in his second turn at HUD, is known for his extensive work analyzing the roles that credit markets, financing, and policy play in furthering economic access for all.

Let’s Hear From the Field

Investing in What Works for America's Communities, edited by Nancy O. Andrews and David J. Erickson. Federal Reserve Bank of San Francisco and Low Income Investment Fund, 2012, 419 pp. Free ebook.

Can Investing in a Community’s Growth Boost Health Outcomes?

ProMedica and LISC team up to fund place-based investments in the hope of improving health outcomes for residents. How do they do it?

Students Push Universities to Invest Locally

In response to my earlier post about anchor institutions and community development, Andrew Frishkoff, executive director of LISC Philadelphia, commented “Too often we have seen...

Unfriend Your Neighbor to Get a Loan?

Want to be that one person who bootstraps themselves out of poverty and makes it, against all odds? Not...

Immigrant Integration Services Must Aim to Build Assets

Financial coaching and small business development services should be right up there next to learning English.

REO to Rental: Wall Street’s Latest Idea Hurts California Communities

Over the last few years, communities have witnessed the latest iteration of Wall Street predation—the purchase in bulk of distressed single-family mortgages and foreclosed homes (REOs) with the intent to rent them—so called REO to Rental.

Why Are Community Development Lenders Financing Charter Schools?

The choice to support privately-operated, publicly-funded schools puts these lenders at odds with many of their usual political allies and constituencies. So what’s the motivation?

Is Community Development an Industry–or a Movement?

Anyone like me who’s spent more than a few years doing community development is likely to have been force-fed...

Early Funding is Worth its Weight in Gold

Developing affordable rental housing these days is a lot like putting together a puzzle – when the financing pieces...

Resilience, Community Development, and the Problem with Charging Interest

“'Resilience' made #6 on The Chronicle of Philanthropy’s Top 10 list of buzzwords for 2012 because it is...

The Local-Global Grassroots Connection

Unmaking Goliath: Community Control in the Face of Global Capital, by James DeFilippis. Routledge, 2004. 188 pp. $24.95 (paperback). Contours of Descent, by Robert Pollin....

Looking Forward

In 1975, the founders of Shelterforce took a leap of faith. They understood the profound problems facing distressed communities struggling to find decent housing...

Protecting Domestic Violence Victims from Eviction and Homelessness

Imagine calling the police because you were in danger of your life. Now imagine getting evicted for doing so.

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