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New Hampshire Community Loan Fund
New Hampshire Community Loan Fund began one of the strongest CDFI individual investor programs in the country by simply offering donors the option to make loans, starting in the 1990s. […]
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New Hampshire Community Loan Fund began one of the strongest CDFI individual investor programs in the country by simply offering donors the option to make loans, starting in the 1990s. […]
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Living in substandard housing affects your mental health as well, several studies have found.
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We first met Darren Walker about 15 years ago while planning an issue on faith-based development. Darren was the chief operating officer of the Abyssinian Development Corporation, the storied community development arm of the Abyssinian Baptist Church in New York City. We asked Darren to write an article that was not simply a cheerleader’s promotion of church-based CDCs, but a realistic assessment of the benefits and challenges to an institution embarking on that path.
Darren was optimistic and enthusiastic about the work he was doing at Abyssinian creating hundreds of units of affordable housing in Harlem. But he was pragmatic and realistic also. His article encouraged organizations to temper the enthusiasm necessary to even consider this work with a realistic analysis of an organization’s capacities and a clear-eyed examination of their assumptions about the rewards of creating a CDC.
Darren approached his work enthusiastically, I think, because he had visceral understanding of the challenges low-income folks had and the opportunities that were available to them with the right help. The kind of help that the stability of an affordable home could provide. His understanding came from personal experience that would inform his work wherever it took him, from law school to international finance, from a storefront afterschool program and Abyssinian to the Rockefeller and Ford foundations.
When we sat down with Darren on March 18 to conduct this interview, we were glad to see that enthusiasm, optimism, and pragmatism were as strong as ever as he starts his leadership of one of the world’s largest foundations.
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San Francisco Bay Area voters approved bold new investments in 2016 after housing advocates–part of the Non-Profit Housing Association of Northern California–ignited a successful electoral strategy for the general election. Here’s how it worked.
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As we prepared this issue, the term “philanthropic equity” kept surfacing. What is this new concept in philanthropy, and how is it different from both traditional grantmaking and program-related investments? In December we gathered a group of people from foundations and nonprofit intermediaries to explore the concept, its promises and pitfalls.
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At an individual level, the 30 percent standard and the residual-income standard can produce very different results. But as a regional measure of affordability problems, they’re not so far apart.
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In the past, members of the community development movement have had little to do with anything that smacks of environmentalism. Conversely, members of the mainstream American environmental movement have shown […]
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The stimulus has created a rare opportunity to transform America’s carbon footprint, metropolitan landscape, and its low-income communities in the years ahead.
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The 30 percent standard only ‘works’ in calculations where it is irrelevant. The residual-income approach, on the other hand, can turn what all too often becomes an abstract and theoretical discussion into a series of researchable questions.
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Our Town: Race, Housing, and the Soul of Suburbia. By David L. Kirp, John P. Dwyer and Larry Rosenthal. Illustrated. New Brunswick, N.J.: Rutgers University Press, 1996. 267 pp. Suburbs […]
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Andrew Cuomo, HUD Assistant Secretary for Community Planning and Development, served as founder and president of H.E.L.P., the nation’s largest provider of transitional housing for the homeless. He chaired NYC […]
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The Bronx neighborhood of Hunts Point has one of the highest asthma rates in the world. Home to the world’s largest food distribution center, the Hunts Point Terminal Market, which […]