Topics Under Tag: "CDFIs"

affordable housing funding

Affordable Housing: Who Will Fill the Funding Gap?

Stacey Kirsch | March 22, 2018

Affordable housing development has been disrupted by new tax reform legislation, leaving a void in funding. New financing tools are needed to fill the gap. The Section 42 Housing Tax Credit Program (LIHTC) will be significantly impacted by the changes to the tax code. These credits encourage affordable housing and have funded over three million […]

In Maine, Local Funding and Talent Fuel a Thriving Textile Cluster

Anne Field | January 9, 2018

If you’re looking for signs of a resurgence in U.S. manufacturing, your first stop should be Maine. There you’ll find a burgeoning cluster of textile startups focused on making products in the state. You’ll also find a local ecosystem that brings together together the local funding, talent and training that make the cluster possible. A […]

banking values

Is it Time to Finally Change Your Bank?

Locavesting Staff | January 4, 2018

Is this the year to finally change your bank? As the stock market reaches giddy new highs, it’s worth noting that it was just 10 years ago that a mortgage bubble and risky behavior fueled by the nation’s largest banks brought the economy to its knees. That experience—along with a backlash against the high, often […]

employee-owned

Employee-Owned Companies: Where are the Impact Investors?

Anne Field | July 10, 2017

For social entrepreneurs concerned about growing income inequality in the U.S. and around the world, one way to spread the wealth is through employee ownership. With that in mind, you’d think impact investors would be clamoring to invest in such companies. But, not so much. They may be missing out. “Companies with meaningful ownership and […]

ImpactUS

Impact Investing Marketplace ImpactUS Launches First Four Offerings

Anne Field | May 5, 2017

Impact investors often complain they can’t find enough viable social enterprises to invest in. And entrepreneurs bemoan a lack of available funding. A recently introduced online impact investing marketplace hopes to address that problem. ImpactUs, a Washington, D.C.-based platform, aims to provide a place where investors can find out about, research and connect with funds, […]

Black business owners

A New Accelerator Sets Black Business Owners up for Success

Sarah Trent | March 30, 2017

The wealth disparity between Black and White Americans is widely documented—Black households across the country average about one tenth the median net worth of White households. In Washington, D.C., that gap is more like a chasm: White households have a net worth 81 times greater than the District’s Black households. The reasons for the national […]

A Progressive Investor’s Action Guide for the Next Administration

James Frazier | January 20, 2017

Concerned about the direction of the country? Make your voice—and money—heard, argues financial advisor James Frazier in this guest post.  Now that the 2016 presidential election is in the history books, the rough outlines of the next few years are starting to become a little clearer. We can reasonably expect a federal government with less […]

The Policy Behind All Those Neighborhood Ribbon Cuttings

Oscar Perry Abello | February 3, 2016

The five brothers of the Shina family emigrated from Iraq to the United States more than 30 years ago. They purchased their first grocery store, at 14424 Schaefer Highway on the west side of Detroit, in 1994. They now own and operate 14 grocery stores throughout the metro area. On Wednesday last week, their original […]

As Population Becomes More Diverse, Funding Options Grow

Amy Cortese | January 19, 2016

The gorgeous mosaic that makes up the U.S. is becoming more so. African-Americans, Asian Americans and Hispanics collectively account for 38% of the U.S. population, and are expected to surpass 50% by 2044. And the Millennial generation is not only large, it is the most racially diverse in the nation’s history. This multi-culti melting pot […]

Demystifying CDFIs: How to Invest in a Loan Fund

Karen Seabury | January 12, 2016

Aeris (formerly known as CARS) is an information and ratings service for U.S. community investments—you might think of them as the Moody’s or Standard & Poor’s of the nonprofit finance world. Aeris rates organizations on their financial strength and social impact to help investors make informed decisions. Karen Seabury, Director of Ratings at Aeris, shares […]