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The Woodstock Institute’s new reference tool, Guide to Economic Indicators, provides facts and figures on the CDFI industry, payday and predatory lending and the CRA, among others. The Guide is available at www.woodstockinst.org/indicators.php.
Local Initiatives Support Corporation published Nonprofit Mortgage Brokers: Small Step or Large Leap?, which examines whether there is a role and opportunity for nonprofit organizations that are already promoting homeownership to reach more underserved families and communities by becoming mortgage brokers themselves. It can be downloaded from LISC’s Online Resource Library.
The Sustainability of Homeownership: Factors Affecting the Duration of Homeownership and Rental Spells, a new HUD User report comparing spells of ownership and renting, found that African-American and Hispanic households had shorter ownership terms and longer post-ownership rental periods than whites, even when socioeconomic factors like education were the same.
The Center for Housing Policy released two new reports: The Housing Landscape for America’s Working Families 2005, which found that the number of working families paying over 50 percent of their income for housing grew by 76 percent from 1997 to 2003 and Something’s Gotta Give: Working Families and the Cost of Housing, which describes the relationship between housing costs and other necessities.
AWARDS
The Donald W. Reynolds Foundation is resuming its Capital Grants Program for organizations based in Arkansas, Nevada and Oklahoma. The foundation will award a limited number of capital grants for projects that offer extraordinary potential for a transformational effect on the applicant organization and the community it serves. Deadline: July 29.
Free Range Graphics is offering the 2005 Gratitude Grant to organizations that want to rally activists around an issue or capture media attention. The grant covers $15,000 worth of services from Free Range, from modernizing logos to charting out online fundraising strategies. Deadline: July 1.
Third Wave Foundation provides project and general operating support for organizing and activism work that challenges social and economic injustice. Deadline: October 1.
First Data Western Union Foundation provides grants for educational, health and human service programs that improve and enhance the lives of individuals, families and communities most in need. The range of giving is between $1,000 and $25,000. Deadline: December 1.
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