Reinvestment Fund

Small actions can create great impact. ?? We invite you to get to know us a little better by watching our 2023 Year in Review video. See the accomplishments we've reached together with our partners and investors and the 278 businesses and nonprofits we work alongside towards our mission—to ensure everyone has access to essential opportunities: affordable homes, nutritious food, healthcare, quality education, and thriving local businesses that support jobs. We’re proud to be a part of this diverse collective that continues to dismantle systems that perpetuate social and economic inequality together. Click below to learn more. Join our community, make an impact. https://lnkd.in/dkMNMWw7

Please join us in welcoming Dr. Sara Patenaude, PhD to Reinvestment Fund’s Policy Solutions team as our Director for the Southeast Region! With over a decade of experience as an affordable housing researcher, developer, and advocate, Sara’s career has been instrumental in developing and preserving affordable housing and permanent supportive housing in the southeast. Based in Atlanta, Sara volunteers her time as Co-Chair of the HouseATL Rental Housing Preservation Working Group, Vice President of Communication for the Atlanta Women’s Affordable Housing Network, and Clerk of the Board of Trustees for the Friends School of Atlanta. In addition, she serves as an advisor for community groups advocating for affordable housing and supporting our unhoused neighbors. We are so excited to have Sara’s passion and expertise on board and look forward to the impact she will make in the Southeast region! https://bit.ly/3XYnR6h

As Reinvestment Fund has worked on improving access to healthy, fresh foods in underserved communities, we have devoted significant resources to understanding such access, particularly in low-income areas. Our Limited Supermarket Access (LSA) Analysis has guided decisions for over a decade, helping to identify inequitable food access and drive investments in areas that need them most. The Richmond Agrihood project highlights the ongoing challenges in equitable land use and community-driven food solutions. Research shows that tackling food insecurity requires support for innovative projects that go beyond the traditional supermarket. Despite strong community backing, the project was stalled, underscoring the need to reform local zoning codes to enable urban agriculture practices and address food access disparities. ?? @ https://lnkd.in/eS4GT5Yr

Affordable rent in Philadelphia would need to drop by around $300 per month to truly serve families in need of affordable housing. Defined as “the midpoint of a specific area’s income distribution,” the Area Median Income (AMI) is a regional measure often used as a shorthand to signal the relative affordability of a particular housing initiative. However, the current AMI is based on data from 11 counties across four states, distorting local income levels and affordability. WHYY'S latest article highlights research from Reinvestment Fund's Ira Goldstein and Herbert Wetzel, “Why Many Philadelphians Cannot Afford Affordable Housing,” shedding light on this disconnect. Read the article and our recent research (https://bit.ly/3zUtAlA) to explore how we can develop a more accurate way to measure and meet the city's housing needs—and rethink how we address housing affordability: https://bit.ly/3BA9U6R

We are thrilled to welcome Zoe Millstein as the 2024-2026 Jeremy Nowak Fellow at Reinvestment Fund! Zoe will be working with our Policy Solutions team, focusing on quantitative and qualitative research in key areas such as affordable housing, real estate market analysis, and early childhood education. As a lifelong Philadelphian, Zoe’s dedication to social and urban equity continues to guide her professional work and research. She graduated summa cum laude from the University of Pennsylvania, earning honors in Urban Studies and receiving the prestigious Eric C. Schneider Award for her academic excellence. The Jeremy Nowak Fellowship, which honors the legacy of Reinvestment Fund's founding CEO, supports recent graduates exploring careers in community economic development. ? Learn more about Zoe and the Nowak fellowship: https://lnkd.in/ezUEu-Xq

?? Appy by Monday, October 7th! Are you experienced in food justice initiatives in Philadelphia? We are seeking qualified individuals or organizations to serve as consultants for our Philadelphia Food Justice Initiative (PFJI). This role will focus on providing programmatic support, coordination, field outreach, and valuable feedback to advance food justice in Philadelphia. For more information on the initiative and how to apply, visit our website: https://lnkd.in/e2vSqj6R #Jobopportunity #FoodAccess #PhiladelphiaFoodJustice

In a significant move to bolster support for Historically Black Colleges and Universities (HBCUs), Senator Sonya Halpern announced a new partnership between her office and Reinvestment Fund's HBCU Brilliance Initiative (Brilliance Initiative). The collaboration aims to enhance funding, resources, and opportunities for HBCUs, empowering them to continue their vital role in the community. ? The Brilliance Initiative will play a crucial role in this partnership, driving programmatic innovation and expanding access to essential technical assistance and capital funding. Together, Senator Halpern’s office and the Initiative will work to bridge gaps and break down barriers that have historically hindered HBCUs from reaching their full potential. We're so excited to embark on this journey with Senator Halpern’s Office! ?Learn more about the partnership: https://bit.ly/4dpVIdT

I’m excited to share Reinvestment Fund's 2023 Year in Review! This past year at Reinvestment Fund, we have achieved great things alongside our partners and communities in Atlanta, Baltimore, New Orleans, New York, Philadelphia, Tampa and many more neighborhoods across the MidAtlantic and Southeast. I invite you to watch our new video and read our Investor Report highlighting incredible accomplishments from the past year, the 278 businesses and nonprofits we work alongside, and the progress we’ve made toward our mission. Watch the video:

Are you experienced in food justice initiatives in Philadelphia? We are seeking qualified individuals or organizations to serve as consultants for our Philadelphia Food Justice Initiative (PFJI). This role will focus on providing programmatic support, coordination, field outreach, and valuable feedback to advance food justice in Philadelphia. The deadline to apply is Monday, October 7th. For more information on the initiative and how to apply, visit our website. #Jobopportunity #FoodAccess #PhiladelphiaFoodJustice https://lnkd.in/e2vSqj6R