As tenants organize to take over their buildings, there's been an increased interest in going the co-op route. Could the networks that support resident-owned mobile home park communities shift their focus to support residents of multifamily buildings that want to go co-op?
Community development financial institutions lend to micro- and small-business owners, but the jobs those businesses create are often minimum wage, part time, or otherwise low quality. What makes a job a good job, and what are CDFIs doing to help small-business borrowers create good jobs?
While rent relief might not be their mission, organizations are focusing on the immediate needs of residents. But with all of their staff and monetary resources being used to plug holes, some organizations believe they’re a few months or another crisis away from financial disaster.