The details, lessons, and impact of two innovative community development funds created by Enterprise Community Partners.
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.
Is there a new community reinvestment movement afoot?
A: Not any more! There are many myths out there about manufactured (or "mobile") homes, but in fact they can be a very important source of quality affordable housing...