As gentrification pressures push into ever expanding parts of country, the need for inclusive community development continues to grow along with it. The Urban Institute shares some ideas for ensuring the financial clout of CDFIs.
"Demand for the financial services offered by community development financial institutions (CDFIs) is growing, and CDFIs must strengthen their finances to meet that demand," according to an article by Ellen Seidman, Brett Theodos, and Sameera Fazili for the Urban Institute.
The article presents four ideas for strengthening the finances of CDFIs to bolster their mission-driven commitment to underserved communities, businesses, and households. The four ideas are explained in much more detail in the article:
- Attract more equity funding
- Attract nontraditional investors
- Increase off-balance-sheet lending
- Reevaluate nonprofit status
Read the full story: Four ideas for strengthening the finances of community development financial institutions
Commentary: How Can We Solve America’s Affordable Housing Crisis? CDFIs are the Key
As financial institutions whose mission is to support underserved communities, community development financial institutions can be key partners to ensure public-private efforts to build affordable housing pencil out.
Chicago Changing the Local Investment Game
With the announcement of a $100 million infusion into a local investment fund, Chicago will become the first city to fund in ways usually reserved for the federal government.
What Makes a 'Farmers' Market?'
What constitutes a farmers' market, rather than an outdoor or public market?
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Amtrak, CN end decades-long dispute with eight-year agreement
The new operating agreement establishes an updated framework for the companies to work together, including processes to resolve disputes.
Northwest rail fans eager for Sept. 30 debut of Amtrak’s Airo fleet
Get ready for that new train smell and more seats. But they won’t go faster or run more frequently on the Cascades route in Washington and Oregon.
LAX SkyLink opening delayed again, contractor won’t commit to new deadline
The project was supposed to open its doors to the public in 2023.
Caltrain may slash over one-third of its stations
If Bay Area voters reject two transit tax measures, Caltrain, BART and AC Transit will see steep service cuts.
A 'dangerous' precedent: North Carolina successfully pressures communities into voting for toll roads
Two mayors resigned from the Charlotte Regional Transportation Planning Organization after it voted in favor of the toll roads.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Thousand Oaks
City of Wisconsin Rapids
Harvard University Graduate School of Design
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello