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Author:Rolland, Keith 

Journal Article
Workforce Development: Engaging Employers

Leaders of a community college, the YouthBuild charter school, and a public career and technical institute speaking on a Reinventing Our Communities conference panel addressed the need to forge stronger connections between high school and postsecondary education or employment, especially for ?opportunity youth? who are neither employed nor in school
Cascade , Volume 4

Journal Article
Investing to Create Good Jobs

A growing number of foundation, nonprofit, and for-profit investors are making investments for measurable social and environmental impact as well as financial return. The ?impact investing? field includes a few investors that are investing in businesses specifically to create jobs for unemployed and underemployed residents. These investors also provide ongoing assistance to owners of the businesses to create ?good quality jobs,? which generally provide income above the minimum wage, health benefits, and training and opportunities for workers to move into positions with higher wages. Three ...
Cascade , Volume 4

Journal Article
How Will Affordable Rental Housing Be Preserved?

Affordable rental housing for low- and moderate-income individuals and families is increasingly scarce. Housing finance agencies, nonprofits, and policymakers agree that existing affordable rental housing must be preserved despite formidable complex obstacles in achieving this goal. This article focuses on challenges in rental housing preservation and discusses the programs and perspectives of the Pennsylvania Housing Finance Agency (PHFA), the New Jersey Housing and Mortgage Finance Agency (HMFA), and the Delaware State Housing Authority (DSHA).
Cascade , Volume 1

Journal Article
Breakthroughs in CDFI Capital Access

For a long time, community development financial institutions (CDFIs) have wanted to raise larger amounts of capital in order to make more loans and have greater social impact. A significant step in that quest was two California CDFIs being issued Standard and Poor?s (S&P) ratings in April 2015. Two other important moves to raise capital are seven CDFI intermediaries raising $525 million through the CDFI Fund?s CDFI Bond Guarantee Program (BGP) and 35 nondepository CDFIs becoming members of the Federal Home Loan Bank (FHLB) system. This article explores each of these developments.
Cascade , Volume 4

Journal Article
Delaware Financial Education Program Enlists State Agencies, Nonprofits, and Businesses

Stand by Me (SBM), a four-year-old program created to educate Delaware residents about personal finance and motivate them to achieve financial goals, is currently being implemented by four state agencies, seven nonprofits, and about 50 businesses. The program, which is a joint initiative of the Delaware Department of Health and Social Services and the United Way of Delaware, has the support of Delaware Governor Jack Markell ? a longtime proponent of financial education.
Cascade , Volume 2

Journal Article
Intermediaries Play Key Role in Expanding Apprenticeships

Many government and foundation leaders believe that intermediaries are needed to expand the level of apprenticeship activity in the U.S. This article provides context for the increased attention on intermediaries and examines the model and track record of the Vermont Healthcare and Information Technology Education Center, better known as Vermont HITEC, a leading apprenticeship intermediary.
Cascade , Volume 3

Journal Article
What Makes Cities Resilient?

How older industrial cities can become resilient cities was the focus of the Federal Reserve Bank of Philadelphia?s fifth biennial Reinventing Older Communities conference, which was attended by over 430 community development leaders from nonprofits, banks, foundations, government agencies, and businesses from 24 states, the District of Columbia, Puerto Rico, and Canada.
Cascade , Volume 3

Journal Article
BankWork$ Gives Underemployed Residents Access to Entry-Level Banking Positions

Low-income residents facing employment barriers are obtaining entry-level job opportunities in the banking industry through a program launched 10 years ago in Los Angeles. The program, BankWork$, is undergoing a planned national replication.
Cascade , Volume 3

Journal Article
Goldman Sachs Expands Small Business Initiative

In an expansion of its 10,000 Small Businesses initiative in 2013, Goldman Sachs is providing small business loan capital to the Philadelphia Industrial Development Corporation (PIDC) and Community First Fund (Community First) and is funding a 100-hour educational curriculum for small business owners at the Community College of Philadelphia (CCP).
Cascade , Volume 2

Journal Article
Nonprofit Focuses on Employment Training and Business and Community Development

Impact Services Corporation, located in Philadelphia?s Kensington neighborhood, is one of the largest nonprofit providers of employment and training services in Pennsylvania. However, Impact is unusual among nonprofits in this field because it works closely with area businesses and creates jobs through community development projects and Impact-owned businesses
Cascade , Volume 2

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