Strengthening Community Resilience
Manage episode 313195397 series 3261789
How can we support and strengthen our communities in the face of rising housing prices and gentrification? Adam Zimmerman is the CEO of Craft3, a CDFI that is working to invest in communities and help them build wealth and resilience. Craft3, along with NOAH and CHF, was recently granted $5 million through JP Morgan Chase’s Advancing Cities initiative. They’ll use the grant to help finance local ownership of real estate and reduce displacement.
In this episode:
- How they were selected to receive the grant (4:56)
- The impact this funding will have (8:42)
- Which neighborhoods they’ll focus on (12:15)
- The challenges that come with their work (15:17)
- Two key actions for nonprofits and community leaders (19:27)
Additional resources:
- Craft3
- Network for Oregon Affordable Housing (NOAH)
- Community Housing Fund (CHF)
- Three Portland nonprofits to share $5 million grant to invest in communities at risk of displacement – OregonLive
The Public Space is brought to you by the Nonprofit Association of Oregon. NAO strives to connect, improve, and advance all nonprofits to help build a thriving and vital Oregon.
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