In this Issue: Black Panther-Inspired Gift to Oakland Should Have Looked Like This ● New Program to Help CLTs Get to Scale ● Are Homeowners Fueling the Housing Crisis? ● Also: Jobs ● Shelter Shorts ● Events ● Industry News +
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Miriam Axel-Lute, Shelterforce
On the heels of Disney’s billion-dollar blockbuster Black Panther, the studio has made a $1 million donation to Boys and Girls Clubs of America, which will open STEM centers in “underserved areas” of many cities, including Oakland, where the movie starts and ends. But how much of a difference will that make if the kids being served are no longer able to live near those centers? Read Full Article
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Randy Shaw, Tenderloin Housing Clinic
Cities believe developers must contribute a public benefit in exchange for the right to build housing—which many see as a public good. In contrast, homeowners who prevent housing in their neighborhoods make huge profits by artificially restricting supply—and cities require them to provide no public benefits at all. There’s clearly a double standard at play here. Read Full Article
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Shelterforce Staff
Climate Gentrification | HUD’s Work Requirements | A Marijuana Tax to Build Affordable Housing? | Homeownership Alone Can’t Close the Wealth Gap | Illegal ICE Raids on Farms | Keeping An Eye on Opportunity Zones | More... Read Full Article
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Miriam Axel-Lute, Shelterforce
A new program invests in the belief that community land trusts can become more than a boutique housing solution . Read Full Article
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Events
Thursday, May 17, 2 p.m. EDT | Cross Sector Collaborations: The Power of Partnership in Driving Community Change | Webinar participants will learn about the Strong, Prosperous, And Resilient Communities Challenge (SPARCC), a three-year, $90 million initiative to amplify locally driven efforts to ensure that major new infrastructure investments lead to equitable, healthy opportunities for everyone. The webinar will feature SPARCC’s national team members focused on data, research, capital, and communications—Enterprise, Low Income Investment Fund, and the Federal Reserve—and will include a deep dive on SPARCC’s work in Atlanta. Webinar presented by the Bank of America Charitable Foundation.
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Looking for a Job? Scroll Down...
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You Said It!
Shelterforce is an excellent magazine/resource and has a pro-community perspective that deepens my thinking and broadens what I understand to be viable or possible. —Scott Stafford, via Twitter
One cannot ignore the fact that many of these poorer communities also still carry the burdens of racism from another era. These housing issues appear to be tied to longstanding and growing economic inequality that has been well documented, and I fear these problems will not be solved until... —Albert Zabin, more
The lowest-cost way to create housing opportunities for low-income and working class households requires us to understand that “acquisition and development” is not synonymous with affordability. Government officials, development corporations (even non-profits), funders, lenders, syndicators, contractors, consultants, policy makers and resident-groups are too often… —Michael Rohrbeck, more
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Director of Supportive Housing Management ● The person in this role is responsible for overseeing Foundation Communities’ permanent supportive housing portfolio and accompanying services, and creating a collaborative environment for our blended team of property management and supportive services staff. Shared accountability for outcomes is.. . Read Full Listing
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Director of Real Estate Development ● Homestead Community Land Trust seeks an innovative real estate development professional to identify partnerships and opportunities for the development of homeownership properties, to conduct feasibility analyses of prioritized sites, to interpret and explain contracts to internal.. . Read Full Listing
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CDT Acquisitions Associate ● The Community Development Trust (CDT) seeks an individual to assist in managing the evaluation, acquisition, and, in some cases, rehabilitation of existing affordable housing properties throughout the U.S. The primary responsibility will be to quickly analyze and underwrite.. . Read Full Listing
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Real Estate Asset Manager ● The Asset Manager will assist with the management of the Community Development Trust’s growing debt and equity investment portfolios. Duties include monthly review of property operating statements, real estate valuations for debt and equity investments, active communication with.. . Read Full Listing
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Associate—Debt Originations ● The Associate for Debt Originations will support the Community Development Trust's production team in the origination of affordable multifamily housing loans from sourcing to closing by pre-screening application packages to determine program/investor/underwriting compliance, analyzing proposed.. . Read Full Listing
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Senior Communications Manager ● Capitol Hill Housing seeks a Senior Communications Manager to work across all departments and be the primary staff contact for projects with a significant communications or marketing element. The SCM works as part of the CHH Foundation and manages the Grant Writer and Associate of.. . Read Full Listing
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Executive Director ● Housing Initiatives is a nonprofit that serves homeless mentally ill individuals using the housing-first model. Our new ED will need experience in financial and human resources management and nonprofit fund development, and will oversee a staff of at least ten people, as well as management of over.. . Read Full Listing
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