Download or read book Democratizing Finance written by Clifford N. Rosenthal and published by FriesenPress. This book was released on 2018 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decades before Occupy Wall Street challenged the American financial system, activists began organizing alternatives to provide capital to “unbankable” communities and the poor. With roots in the civil rights, anti-poverty, and other progressive movements, they brought little training in finance. They formed nonprofit loan funds, credit unions, and even a new bank—organizations that by 1992 became known as “community development financial institutions,” or CDFIs. By melding their vision with that of President Clinton, CDFIs grew from church basements and kitchen tables to number more than 1,000 institutions with billions of dollars of capital. They have helped transform community development by providing credit and financial services across the United States, from inner cities to Native American reservations. Democratizing Finance traces the roots of community development finance over two centuries, a history that runs from Benjamin Franklin, through an ill-starred bank for African American veterans of the Civil War, the birth of the credit union movement, and the War on Poverty. Drawn from hundreds of interviews with CDFI leaders, presidential archives, and congressional testimony, Democratizing Finance provides an insider view of an extraordinary public policy success. Democratizing Finance is a unique resource for practitioners, policymakers, researchers, and social investors.
Download or read book The New Localism written by Bruce Katz and published by Brookings Institution Press. This book was released on 2018-01-09 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New Localism provides a roadmap for change that starts in the communities where most people live and work. In their new book, The New Localism, urban experts Bruce Katz and Jeremy Nowak reveal where the real power to create change lies and how it can be used to address our most serious social, economic, and environmental challenges. Power is shifting in the world: downward from national governments and states to cities and metropolitan communities; horizontally from the public sector to networks of public, private and civic actors; and globally along circuits of capital, trade, and innovation. This new locus of power—this new localism—is emerging by necessity to solve the grand challenges characteristic of modern societies: economic competitiveness, social inclusion and opportunity; a renewed public life; the challenge of diversity; and the imperative of environmental sustainability. Where rising populism on the right and the left exploits the grievances of those left behind in the global economy, new localism has developed as a mechanism to address them head on. New localism is not a replacement for the vital roles federal governments play; it is the ideal complement to an effective federal government, and, currently, an urgently needed remedy for national dysfunction. In The New Localism, Katz and Nowak tell the stories of the cities that are on the vanguard of problem solving. Pittsburgh is catalyzing inclusive growth by inventing and deploying new industries and technologies. Indianapolis is governing its city and metropolis through a network of public, private and civic leaders. Copenhagen is using publicly owned assets like their waterfront to spur large scale redevelopment and finance infrastructure from land sales. Out of these stories emerge new norms of growth, governance, and finance and a path toward a more prosperous, sustainable, and inclusive society. Katz and Nowak imagine a world in which urban institutions finance the future through smart investments in innovation, infrastructure and children and urban intermediaries take solutions created in one city and adapt and tailor them to other cities with speed and precision. As Katz and Nowak show us in The New Localism, “Power now belongs to the problem solvers.”
Download or read book Thin Cats written by John Isbister and published by Center for Cooperatives University of California. This book was released on 1994 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Community Development Credit Union written by National Federation Of Community Development Credit Unions. New York.. and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Community Development Financial Institutions Fund written by Andre L. Wright and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As communities face a variety of economic challenges, some are looking to local banks and financial institutions for solutions that address the specific development needs of low-income and distressed communities. Community development financial institutions (CDFIs) provide financial products and services, such as mortgage financing for homebuyers and not-for-profit developers, underwriting and risk capital for community facilities; technical assistance; and commercial loans and investments to small, start-up, or expanding businesses. CDFIs include regulated institutions, such as community development banks and credit unions, and non-regulated institutions, such as loan and venture capital funds. This book describes the Fund's history, current appropriations, and each of its programmes.
Download or read book The Lending Performance of Community Development Credit Unions written by John Isbister and published by . This book was released on 1992 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Community Development Credit Union A Proposal for Strengthening and Expanding the Impact of this Effective Low Income Community Development Agent written by National Federation of Community Development Credit Unions (UNITED STATES OF AMERICA) and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Community Capital written by Clifford Rosenthal and published by . This book was released on 2024-07-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clifford Rosenthal provides a 10,000-foot overview and historical context of the community development credit union (CDCU) movement, while scrutinizing his journey as a white man leading a predominantly non-white organization. In his quest for community-controlled capital, he raised directly or indirectly through his advocacy for $100 million in investments in low-income credit unions; and pioneering the community development financial institutions (CDFI) movement. His 40-year year career took Rosenthal from neighborhood co-op organizer, to credit union builder, then association president, and finally federal policymaker. Rosenthal writes as a credit union practitioner shaped by his training as a Russian historian and translator. More "co-conspirator" than ally, Rosenthal is a white man battling for capital and equity in communities of color, while acknowledging and confronting his own shortcomings as a leader.In contrast, Michael McCray gives a harrowing insider's account as a participant/eyewitness to history. McCray is a Black man fighting a federal regulator, the National Credit Union Administration (NCUA), in a white man's world. He brings "receipts"-- unique access to secret transcripts, doctored financial reports, and federal court documents which undergird a compelling argument that the regulator has mistreated small credit unions, especially in minority communities. McCray takes the reader behind closed doors at an NCUA board meeting and inside the courtroom as a small credit union fights for its life against federal attorneys and the Justice Department. McCray delivers a dramatic first-person account with primary source documents and forensic insights on the landmark KAPFCU v NCUA federal court case. Justifiably jaundiced, McCray's compelling writing style takes the readers on an inside-the-car, roller-coaster ride through a regulatory "Alice in Wonderland."Rosenthal is a historian, and McCray is a whistleblower. Together, we guide the reader through a race-tinted, bifocal examination of the long and ongoing struggle to redress economic inequity. If we have succeeded, the reader will learn not only about the barriers to DEI-Diversity, Equity, and Inclusion-at the highest level of government, but gain a better understanding of the pivotal role Black organizations like the Divine Nine and Black churches play in bringing providing capital access to marginalized communities.
Download or read book The Community Development Credit Union written by and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Riegle Community Development and Regulatory Improvement Act of 1994 written by United States and published by . This book was released on 1994 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Using the Internet to Serve the Underserved written by and published by . This book was released on 2000 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking Services for the Poor written by Kathryn Tholin and published by . This book was released on 1991 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book NCUA News written by and published by . This book was released on 1989 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Community Investment Practices of Credit Unions written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Credit and Insurance and published by . This book was released on 1995 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Community Development Financial Institutions CDFI Fund written by Sean Lowry and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report begins by describing the Community Development Financial Institutions Fund's history, current appropriations, and each of its programs. The next section analyzes four policy considerations of congressional interest regarding the Fund and the effective use of federal resources to promote economic development. Lastly, this report examines the Fund's programs and management to see if they represent an effective and efficient government effort to promote economic development in low-income and distressed communities.
Download or read book CU 2 0 written by Kirk Drake and published by . This book was released on 2017-06-14 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, credit unions have seen unprecedented threats, due in large part to an eighty-year-old business model and an inability to adapt quickly to a digital economy. But Kirk Drake has devised a powerful plan to revitalize these noble institutions, making them more competitive, more creative, more connected with their membership, and more in tune with the times. A serial entrepreneur focused on credit-union technology, Drake has written a must-read manual for every CU board member, CEO, and management team in America. The first and only book of its kind, CU 2.0 offers essential strategies for leveraging the latest technologies to facilitate organizational growth and foster more even competition with the banking industry. With the tools provided here, the CU of tomorrow will be better equipped to empower its employees, while giving its members the superior financial service they want and need. It's time to be innovative and bold, to challenge long-standing inefficiencies and move away from the "old school" methods of doing business. CU 2.0 provides the skills, the savvy, and the fresh ideas necessary to finally transport the credit union out of the twentieth century and into the twenty-first.
Download or read book Credit and the War on Poverty written by Ceretha Feaster Robinson and published by . This book was released on 1993 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
