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Community development lending: patience, collaboration, and tolerance for risk
A Boston Fed initiative shows how mutually beneficial opportunities can result when community banks, nonprofits, and municipal leaders get to know one another face to face.
An overview of the CDFI industry
The community development financial institutions (CDFI) industry is at a crossroads in terms of identifying strategies for increasing overall sustainability and scale, and ultimately, impact. This article presents an overview of the CDFI industry in the United States and New England and identifies the changes and challenges facing CDFIs and what they indicate for the sector?s future.
Linking institutional investors to communities
Public pension funds, insurance companies, foundations, and universities increasingly pursue community investments because they deliver on twin goals: high financial returns and economic growth in underserved areas. Since 2000, mission-related investments have grown at a 19.5 percent compound annual rate.
Beginning farmers and local food systems
Growing support for community-driven economic development, local food, and sustainability is one reason a diverse group of young people are going into farming.
The college as community-based organization
Colleges and universities increasingly strive to build healthy environments through strong relationships with surrounding communities. Goodwin College, for example, actually thinks of itself as a community-based organization and participates fully in East Hartford?s revitalization.