A place to call home and a job that pays a living wage are fundamental building blocks to a safe and joyful life. Yet, homelessness continues to rise. Rising rents and the disappearance of pandemic aid have led to a 12% increase in homelessness in the U.S., as reported by the Department of Housing and […]
Author Archives: Reinvestment Fund
Reinvestment Fund’s Limited Supermarket Access Analysis Informs Expanding Access to Affordable, Healthy Food for Georgian Families
By Michael Norton, Chief Policy Analyst at Reinvestment FundMichelle Schmitt, Senior Analyst II at Reinvestment Fund Access to healthy, fresh, affordable food is not just a matter of convenience but a cornerstone of individual and community well-being. Due to historic and systemic barriers in the United States—such as disinvestment, income inequality, transportation barriers, and food […]
Reinvestment Fund’s Healthy Food Financing Initiative is Expanding Food Access in the Southeast
By Kahfii King, Program Manager Healthy Food Financing Initiative Reinvestment Fund has developed a comprehensive and evidence-based approach to improving the food landscape for underserved urban and rural communities. A key component of the approach is America’s Healthy Food Financing Initiative (HFFI), a public-private partnership administered by Reinvestment Fund on behalf of USDA Rural Development […]
New Leaders Representing Equity in Action at Reinvestment Fund
For more than 35 years, Reinvestment Fund investments have transformed communities, spanning early childhood education to affordable housing, to expanding access to healthy-fresh food. As we evolve, we have centered our work on racial equity, intentionally focusing on supporting Black and Brown leaders who are championing change in their communities through development. Just like the […]
It Takes a Village: Reinvestment Fund Aligns with Key Community Partners to Invest in Atlanta’s Affordable Housing
Atlanta Land Trust (ALT) broke ground at their new development site, The Trust at East Lake. Partner organizations, community development leaders, and Atlanta Mayor Andre Dickens joined to celebrate this fresh approach to tackling the city’s affordable housing crisis. Working with city leaders, developers, and planners to secure and preserve affordable housing options for residents […]
Scheme Targets Homeowners
A Florida-based firm’s wealth-stripping scheme is the latest threat to some of the country’s most vulnerable homeowners Homeownership has long been valued as a gateway to intergenerational wealth. Owning a home is a valuable resource for all families, but for communities of color, purchasing a home has historically been frustrated by discriminatory practices. Discrepancies in […]
Urban Oasis: Investing in Communities, One Home at a Time
As one of the largest and fastest growing metropolitan areas in the Southeast, Atlanta offers tremendous opportunities, attracting investors, corporations and young professionals looking for a place to relocate. While the historic Westside has become a prime location for real estate investment, the price of homes has soared in recent years, leaving many prospective homebuyers […]
Investor Home Purchases and the Rising Threat to Owners and Renters
The scarcity of affordable housing in cities across the country has been well documented. From the onset of the pandemic, news headlines pointed to rapidly rising home sale prices and the increase in investors and corporate entities purchasing and renting out single-family homes, leaving current and prospective homebuyers and renters on the outside looking in. […]
Atlanta’s Metro Only Has Early Child Care Capacity for Two-thirds of Its Children
Lower income households may be particularly impacted by child care shortages Early childhood education settings are often among children’s first communities. Research shows that high-quality child care can have long-term benefits for children, including increased cognitive abilities, improved language development and better relationships with peers. Beyond the underlying benefits, child care is a necessity for most […]
A Conversation with Georgia’s Community Development Financial Institutions (CDFI): CDFIs are Quietly Multiplying in Georgia, Creating a Wealth of Opportunity
Reinvestment Fund financing is supporting a mixed-use development in Atlanta’s historic Sweet Auburn corridor (birthplace of Martin Luther King Jr.) called the Front Porch In the 1970s, the U.S. Federal Government authorized the creation of community development financial institutions (CDFIs) as part of its efforts to address poverty and racial discrimination in both urban and […]
Just Due: Access to Capital Markets for HBCUs
Reinvestment Fund has commissioned Brookings Metro to write a report entitled A Call To Action for HBCU Investment. Authors Dr. Andre Perry and Anthony Barr write, “In response to 2020’s racial awakenings, philanthropic organizations and wealthy donors collectively pledged billions in donations to historically Black colleges and universities (HBCUs). While such philanthropy is welcome, it […]
The Climate Crisis’ Inequitable Impact on Communities of Color
The climate crisis is one of our most pressing issues when it comes to envisioning a vibrant future full of opportunity for future generations. We observe the effects every single day: from drying lakes, droughts and wildfires, to flooding coastal areas, severe storms, extreme heat, and an increase in human infections. But the risks and […]
How Ensuring the Success of Developers of Color Can Increase Atlanta’s Affordable Housing Supply
The cost of buying a home in metro Atlanta is officially considered unaffordable, according to the Federal Reserve Bank of Atlanta. The annual mortgage payment for homes in the metro-Atlanta counties of DeKalb, Gwinnett, Fulton and Dawson now exceeds 30% of the area’s median income. Atlanta needs at least 500,000 affordable homes. Building more homes […]
Reinvestment Fund Awards $22.6 Million to Improve Healthy Food Access in Underserved Communities
Reinvestment Fund recently announced $22.6 million in financial assistance awards to 134 projects through the 2021 round of America’s Healthy Food Financing Initiative’s (HFFI) Targeted Small Grants Program. Funding for the HFFI grants program is provided by the United States Department of Agriculture (USDA), authorized by the 2014 Farm Bill. The program provides one-time catalytic […]
Capitalizing Child Care
Access to quality early childhood education programs is critical to the broader economy as it allows parents and guardians to work and earn, while giving children the foundational skills to succeed in life. A 2018 study by GEEARS and the Metro Atlanta Chamber found child care challenges led to at least $1.75 billion in losses in […]
Atlanta’s Affordability Challenge
For the first time in a decade, owning a home in metro Atlanta has become “unaffordable” according to the Atlanta Federal Reserve Bank. What does that mean for our region? For years, Atlanta has led the nation in income inequality and lack of economic mobility. In fact, if a person is born into poverty in […]
CDFIs are Empowering Women through Investment
By Meghan Maguire, Senior Associate, Communications at Reinvestment Fund When Nadine Ngouabe Dlodlo, a native of Cameroon, heard about the lack of affordable housing in Southwest Baltimore, she wanted to get involved. After a traditional bank turned her business plan down, she decided to go another route. When hearing about her vision to provide affordable […]
Innovative Partnerships with Community Development Financial Institutions
By Yonina Gray, Director of External Relations at Reinvestment Fund CDFIs like Reinvestment Fund are positioned to connect the dots between community partners, financial institutions and policymakers to help drive healthy and equitable communities. This dot-connecting has allowed initiatives such as Invest Health to come to life to help a broader range of partners understand […]
Celebrating Criminal Justice Champions in Georgia
by Natasha Dowell, Lending Associate, Southeast, Reinvestment Fund The murders of Ahmaud Arbery, George Floyd, and Breonna Taylor in 2020 sparked a racial reckoning within our country and across the world. For Reinvestment Fund, the deaths of these and countless other Black people were painful, poignant reminders of our need to continue calling out and […]
Museums and Libraries: The indispensable connective tissue that keeps healthy communities together
By Michael Norton, Ph.D., Chief Policy Analyst at Reinvestment Fund Public libraries and museums are deeply embedded in their communities in ways that enrich the wellbeing of local residents. Through their core services, programming, and partnerships with other organizations, they catalyze broader networks of support that meet a diverse range of needs for individuals, organizations, […]