CCF Helps Bring New Federal Funds to NYC Neighborhoods Change Capital Fund, a 21-member collaborative of banks, foundations and intermediaries, is awarding 10 NYC environmental justice organizations grants to help them benefit from a flood of new federal resources to realize their community’s visions for healthy, sustainability and resiliency. The Inflation Reduction Act, unarguably the […]

As gentrification and unaffordable rents intensify pressures on New York City’s low-income residents, the movement for community ownership has been building. At a recent panel, hosted by the Change Capital Fund, City officials supported the calls of Change Capital Fund’s grantees for new policies, increased investment and urgency in deploying land and buildings for community […]

Change Capital Fund, a 20-member collaborative of banks, foundations, intermediaries and the Mayor’s Office for Economic Opportunity, recently selected a new round of grantees which are advancing projects to repurpose un- or under-used public land or buildings as community assets. The eight projects, led by communities of color, will create new, permanently and deeply affordable rental housing or home-ownership opportunities, open spaces, community facilities, cooperatively-owned food businesses and/or food hubs. The projects will be controlled by community members.

The Change Capital Fund, a collaborative of 21 institutions, including banks, foundations, intermediaries and the City of New York, will be adding momentum to neighborhood campaigns to permanently put land and buildings into community control.   

A report issued by Change Capital Fund, a collaborative of 15 funders, demonstrates the life-saving contributions of community-based organizations during the intersecting crises of the past year. The report, Essential But Invisible: Community Organizations in the Time of Covid, details the essential services provided by community development corporations amidst public health, racial and economic justice crises.

The Change Capital Fund (CCF), a collaboration of 16 foundations, financial institutions and government dedicated to increasing economic mobility in New York City’s persistently low-income communities, has selected four new grantees to harness the strength of community development corporations (CDCs) to reduce poverty in high-need New York City neighborhoods.

CCF has released public benefit rationales that demonstrate that its grantees’ programs are highly effective and have a huge return on investment. 

Community organizations, evaluators, and government agencies discuss new efforts to use data to evaluate and track outcomes and the accompanying big challenges of unifying fractured systems given their number, divergent metrics and conflicting regulatory requirements.

NABE 3.0, addresses poverty in North Brooklyn, and showcased 63 new affordable apartments in the Williamsburg neighborhood.

LOW-INCOME NEIGHBORHOODS no longer experience the levels of communitywide disinvestment that they did through the 1990s, but their residents still face significant poverty, risk of displacement, and limited economic mobility. For this reason, Change Capital Fund (CCF), a New York City donor collaborative, formed to invest in sophisticated community organizations that implement data-driven strategies integrating […]