Florida Community Loan Fund的动态

Check out the latest op-ed from our President, Christopher J. Tyson, in Nonprofit Quarterly. Chris writes: "Nonprofit expertise and leadership have long been key to affordable housing provision. The nonprofit ecosystem includes providing counseling services for aspiring homebuyers, acquiring distressed properties, building new homes, and rehabilitating distressed properties. Nonprofits raise capital, design and implement creative and flexible financing, and help people struggling with mortgage payments stay in their homes.....This is the nonprofit housing delivery system: the sum of the efforts of mission-driven organizations to create opportunities for those otherwise locked out of the home purchase market....To preserve housing affordability, it is not enough to address the rise of private equity; it is vital to bolster the strength and reach of the nonprofit delivery system itself."

This case study is a great look at how an orbit can be revitalized to serve its intended purpose through the use of strategic leadership and effective management. A housing market that looks at properties as being investments rather than an essential resource creates a situation where investors are often unwilling to sell homes at market price, and instead wait for prices to appreciate. This in turn puts pressure on first-time home buyers, who, without the support of nonprofits, are locked out of the market. However, nonprofits can play a critical role not just in the financing, but in accessibility as well. #Nonprofit #Justice #Housing #FInance

Nonprofit developers are key players in affordable housing, but the #LIHTC terms they receive hinder their ability to make progress in underserved communities. This article discusses the need for fairer terms to support their efforts. Discover the full story: https://bit.ly/4bFXqae #NonprofitDevelopers #AffordableHousing #CommunityDevelopment

We are proud to share that our Executive Director, Audrey Winkler, was invited to participate in a crucial discussion on affordable housing. As Audrey aptly states in the ROI-NJ article, “We have a lot on our plate right now; a lot of nonprofits do. We’re not ahead of everyone, but I do hope we’re blazing the trail to some degree in addressing challenges in desperately needed affordable housing, particularly for individuals with intellectual and developmental disabilities.” This conversation highlights the ongoing efforts and the critical need for affordable housing. Read more about the challenges and the steps being taken to address them: https://lnkd.in/dDuxKDZA #AffordableHousing #Nonprofits #Community #JESPYHouse #IDD #NJNEWS

Nonprofit developers deserve better terms in the #LIHTC market. Jim Peffley of NeighborWorks America Capital explains how the new Equity Fund levels the playing field and supports impactful community housing development. Read the full article:?https://bit.ly/4bFXqae #NonprofitDevelopers #EquityFund #AffordableHousing

Nonprofit developers are key players in affordable housing, but the #LIHTC terms they receive hinder their ability to make progress in underserved communities. This article discusses the need for fairer terms to support their efforts. Discover the full story: https://bit.ly/4bFXqae #NonprofitDevelopers #AffordableHousing #CommunityDevelopment

Within a large constellation of nonprofits working within affordable housing in New Jersey, there’s the one Taiisa Kelly runs in Cranford. She admits its mission, to ensure housing is inclusive and geared toward vulnerable populations, is far from unique. But, there’s no number of nonprofits that she expects would be too many in that space. Here’s why: According to a report published by the National Low Income Housing Coalition, New Jersey has more than 300,000 extremely-low-income households, but less than 100,000 affordable and available rentals. “With a number that large, we don’t have a fear of tripping over each other to close that gap,” Kelly said. “There’s a large number of nonprofits doing this, but the need is just so great. And no single entity alone is equipped to reach the number of units needed in New Jersey. “The fact is, it’s hard to get resources and the staff together to do this work, and we’ve seen, unfortunately, nonprofits stop doing it because of that. We actually need a resurgence of nonprofits doing this work because of how much there is to be done.” Kelly heads Cranford-based Monarch Housing Associates, which provides support to both for-profit and nonprofit affordable housing developers. It’s one of many hoping the stars align for affordable housing under a new system in New Jersey. Read more:

Tackling Hawai?i’s housing crisis requires a solutions-oriented approach. In a recent Honolulu Star-Advertiser op-ed, our program officer Xan Avenda?o and Heather Piper, executive director of the Hawai?i Community Reinvestment Corporation, outline why greater investment in Hawai?i’s nonprofit housing sector is needed, and how collaboration among foundations and nonprofit leaders can drive innovative housing solutions for communities across the state. https://lnkd.in/gDwCh2t2

Big news out of the city of Anaheim: The city has received $3.5 million "to help create Orange County’s first city housing trust fund that will fill in funding gaps for affordable housing projects to help bring them over the finish line. The federal funding will also be used to apply for other grants and research on how to build affordable housing faster and more cost effectively. Adding to the federal seed money will be $30 million that the Disneyland Corporation?committed to Anaheim. Anaheim’s city council must now decide who will serve on the board and manage the fund. Unlike cities like Irvine that run their housing programs as nonprofits, Anaheim intends to have the trust fund run as a city organization." Read more at: https://lnkd.in/gYbfkaRu

It's so upsetting to see $26 million annual increase in police budget; but the City is trying to cut HALF of the City granting to community organizations to save $250,000. With our taxes going up 8.4% this year, I'm ashamed at where the spending is going. I know this isn't the only way that the City funds community services, but it is a crucial avenue for nonprofits in our City to operate. This grant money goes to: - Resource Centres - Homelessness supports - Indigenous health services - Abused women's shelters - Youth programming AND MORE!