NY Mayor Bill de Blasio released a 10-year plan to create or preserve 200,000 affordable housing units in the city. Housing activists cheer at its embrace of mandatory inclusionary zoning, but the NY Time's coverage reveals an ignorant counter view.
Community development financial institutions are great places for impact investors to put their dollars, but the money isn't flowing. Rosalie Sheehy Cates discusses the barriers in connecting CDFIs and impact investors, and a way forward for both.
Living Cities set out to lend money to community development financial institutions in five distressed cities but were met with a mountain of challenges. Here are the lessons learned from addressing the lack of "capital absorption capacity."
Impact investing isn't just a new source of funding for nonprofits from the private sector. The government can (and should!) be a catalyst in shaping the market through policies that support investments with a greater social impact.
Lisa Hall gives an overview of impact investing in this enlightening, introduction-type piece. She shares the potential and the new opportunities for community development that are coming out of this emerging field.
Two innovative community development funds are behind big impact on affordable housing in New York and Colorado. Enterprise Community Partners spells out how they're structured, the lessons they've learned, and why it's not that scary.
Nonprofit housing developers are able to succeed at what often seems impossible. Nonprofits all want the projects done faster and better, but is all the well-meaning input from the activists and intellectuals just more mud in in a dragging field?
A negative perception of manufactured housing persists, though the industry has changed drastically. Winton Pitcoff tells community developers that these homes need to be taken seriously as solutions for the affordable housing crisis.
If you thought the bankruptcy in Detroit was caused by the disappearance of manufacturing jobs, well, you'd be wrong. Alan Mallach explains how our obsession with college degrees contributed to the downfall of a city.
Communities are complex. And the truth is, CDCs are in key positions to bring all the moving parts together, so they must work comprehensively. All the elements of a good neighborhood—schools, retail, housing, jobs, food—are strategic to each other.