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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.
On the Front Lines: Solutions for Overleveraged Multifamily Properties
As foreclosures drive multifamily assets to market in New York City, drawing a glut of speculative investors in the process, a new program from Enterprise looks to retain these homes' affordability and stability.
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...
The Emergence of the CDC Network
In 1967, the first CDC was born in Brooklyn’s Bedford-Stuyvesant neighborhood. Government, business and the middle class had pulled their resources from the area...
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....
Trends for Funding CDC Commercial Projects
Community development corporations seeking financing for economic development initiatives are increasingly turning to nontraditional federal funds, tax credits and private sector collaborations. Historically, CDCs...
CDCs Access New Economic Development Resources
Historically, community development organizations have pursued traditional federal funding for their economic development projects. Grants and loans are annually requested from: HUD's Community Development Block...
1998 Elections Senate Banking and Financial Services Committee Chairman Alfonse D'Amato (R-NY) was defeated in his race for re-election on November 3 by Charles Schumer...
The Next Boom for Worker Co-ops?
Baby boomers are the largest percentage of business owners, and they’re headed toward retirement. The worker cooperative movement wants to keep the jobs they’ve created from disappearing.
Will Limited-Equity Cooperatives Make a Comeback?
Federal programs and cultural attitudes that helped launch a majority of the large limited-equity co-ops across the nation are long gone, but at a smaller scale, this model of resident-controlled, long-term affordable housing may be experiencing new interest.
How Does Mobile Banking Affect the Unbanked?
The absence of bank branches and the proliferation of high-priced alternative lenders in the region only underscore the importance of access to affordable financial services.
Manufacturing Affordable Homeownership Solutions
It’s time to take factory-built homes seriously as affordable housing.
Local Contracting–Cost Cutting, Economic Development, Or Both?
We recently published both an article and an Answer column that shows how one group in Philadelphia, WPRE/NR, is challenging the conventional wisdom that...
Role-Playing for Energy Efficiency
Connecticut experiments with a “megacommunity strategic simulation” to move the needle on residential energy efficiency—providing a look at a tool that could also apply to other community development challenges.
Reflecting and Planning Using a Community Wealth Building Lens
Over an organization’s 25 years in existence, how do staff and volunteers measure impact and build off of lessons learned to guide their next steps forward?
Immigrant Integration Services Must Aim to Build Assets
Financial coaching and small business development services should be right up there next to learning English.
To Address Displacement in Your Community, Start by Asking, “Who’s Financing...
While developers, tech companies, and greedy landlords are often cited as the usual suspects driving the housing crisis, one group is often overlooked: the banks that finance the deals.
Honing the “Scale-Up” of Community Development Organizations
If specialization and regionalization are essential to being effective and getting to scale, how does the field execute a multi-pronged strategy needed to address the many factors that affect communities?
TARP for Community Development?
Doris Koo, president and CEO of Enterprise Community Partners, brought up an interesting concept of using TARP monies returned to Treasury by various lending...
CDCs and Nonprofits are Indeed Leading Affordable Housing Innovation
Blaming community development corporations (CDCs) for the high cost of affordable housing construction is not only misguided, but it ignores the work of CDCs and nonprofits that are leading efforts to reduce costs in the key areas of financing, construction, and land costs.