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
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?
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.
Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.
From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
Ada County Highway District
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service