Bricks and Mortar
A Clearinghouse on Faith, Development and NonprofitsCDFI Fund experiences new demand
December 4, 2009 at 6:39 pm · Filed under Affordable Housing, Community Development, Community Economic Development, Disaster Relief, Economic Crisis, Microfinance, Nonprofit Management, Nonprofits, Social Entrepreneurship, Social Justice, Social Work and tagged: CDFI, Community Development, Community Economic Development, Department of Treasury, Nonprofits, Social Entrepreneurship, Social Justice, Unserved Markets
Demand Up 97 Percent in FY 2010 Round of CDFI Program
CDFI Fund Receives 408 Applications Requesting More Than $467 MillionWashington, DC – The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 408 applications for the fiscal year (FY) 2010 round of the CDFI Program, representing a significant increase in demand. Applicants requested more than $467.4 million in assistance, a 97 percent increase from the $237.7 million requested through the original, pre-Recovery Act application solicitation of the FY 2009 round.“CDFIs are continuing to deal with the harsh realities of the financial crisis on a day to day basis. The extraordinary demand we’ve seen in the latest application round of the CDFI Program shows the great need in distressed communities for capital to provide affordable financial products and services,” said CDFI Fund Director Donna Gambrell. “Today’s economy is creating a need for CDFIs to expand their impact as low-income people and communities across the nation continue to bear a disproportionate burden and rely on CDFIs to provide critically needed support.”The CDFI Fund received 322 applications requesting almost $459 million under the Financial Assistance component and 86 applications requesting over $8.4 million under the Technical Assistance component of the CDFI Program.The CDFI Fund published a Notice of Funds Availability in the Federal Register on September 23, 2009 announcing that it was making approximately $113 million available for the FY 2010 round, pending Congressional appropriation. Approximately $20 million of these funds are being targeted to CDFIs that applied under Category I of the application, which is known as Small and Emerging CDFI Assistance – or SECA Applicants. Approximately $90 million are targeted to CDFIs that applied under Category II of the application, known as Core Applicants. The remaining $3 million in funds will be awarded to CDFIs that applied for Technical Assistance only. The deadline for applications was November 18, 2009 and awards will be announced in the summer of 2010.
Applications are currently being evaluated through a merit-based qualitative review to identify those applicants most likely to have the greatest impact in our nation’s most distressed low-income rural and urban communities. The characteristics of the applicant pool include:
Financial Assistance Component
Overview322 applicants applied under the Financial Assistance Component – requesting an aggregate total of $458,995,504 with:
$435,726,392 in Financial Assistance $23,269,112 in Technical AssistanceInstitution Type
245 (76.1 percent) are loan funds 45 (14.0 percent) are credit unions 23 (7.1 percent) are banks, thrifts or holding companies 9 (2.8 percent) are venture capital fundsPrimary Geographic Market Served
Major Urban: 170 (52.8 percent) Rural: 87 (27.0 percent) Minor Urban: 65 (20.2 percent)Geographic DistributionApplications were received from 49 states, the District of Columbia and Puerto Rico.Technical Assistance Component
Overview
86 applicants applied for only Technical Assistance requesting an aggregate total of $8,466,949.Institution Type
76 (88.4 percent) are loan funds 6 (7.0 percent) are credit unions 2 (2.3 percent) are banks, thrifts or holding companies 2 (2.3 percent) are venture capital funds
Reflections of a second year PhD student: Traditional PhD or Hybrid PhD?
December 3, 2009 at 1:29 pm · Filed under About this blog, Affordable Housing, Community Development, Community Economic Development, Higher education, International Development, PhD, Social Work, Uncategorized and tagged: Academic Life, Community Development, Community Economic Development, Dissertation, Faculty, Higher education, PhD
I am halfway through the second year of my PhD. I will be done with my mandatory course work in May will take my comps in May and June. Yikes. I will complete two more classes after that in order to complete my minor “cognate” and will write my proposal during that time.
I thought I would write a longer post discussing some of the challenges and opportunities in pursuing a hybrid PhD. As a aside, my PhD program is an intensive hybrid program. I say this because I wish the program mirrored many of the other hybrid programs. I venture out to NH once a month for six days. Residencies are held from September to May. The student does this for 2 years and take at times 12 credits. It is a brutal schedule, but the course work gets done. Many other hybrid programs (I will provide you with a list later on) meet for a several weeks in summer and perhaps one or two times in the winter. Some meet up to four times a year but for longer sessions.
Many of us in the applied professions (social work, community economic development, urban planning, etc.) fell into academia. Some of us did not have our hearts set on teaching and research. We therefore did not follow the traditional PhD route as one sees in the humanities and arts. Some social sciences PhD students (political science, sociology, economics) also follow a traditional PhD program and therefore these disciplines do not consider people who are not “traditional students” and have families who decide to pursue academia later on their careers.
Here are some personal pros for hybrid programs:
- Keep your job. Well – can I say more? Medical Insurance and food on the table is important.
- Improve your teaching. I find that I am a better teacher because of the research and theory classes. In addition, working on my dissertation has made me read on a broad scale. Because of my PhD involves a number of disciplines (development, economics, sociology, planning, social work, etc.) I am able to see problems from an inter-disciplinary perspective. My theory classes has given me a deeper foundation which can help to promote deep learning in the classroom. I now can draw from the grand and middle range theories which permit me to help students to make connections between practice and theory. I also find that I use Powerpoint less – chalkboard flow charts and mind maps are becoming a major staple in my classes.
- Engage with people who are practitioners in the field. I am the only full-time academic in my program. My fellow PhD slaves are involved local government, international development, nursing and public health. (This wide range of backgrounds is also due to the nature of community economic development). Because people are not full-time students and are not in their mid-20s, students have a different level of investment and perspective on their dissertation. This is also a con – see later.
Cons:
- Lack of “academic community”. Because people have many other things that they are trying to juggle, you might not experience the ongoing comradeship and community that traditional PhD students might experience. This, of course, may not be always the case but support from fellow PhD travelers is so important as you run the marathon.
- Lack of research assistantships. Depending on how the program is organized, there may be limited to no research assistantships possibilities for you.
- Lack of funding. Because students are not studying full-time they do not have access to research assistantships which allow them to work with professors in the school. This means that the external funding that this research provides for doctoral programs is missing or not a possibility because students live far from campus.
- Tuition. Many traditional program pay your tuition – this is not always the case for hybrid programs.
- Prestige. If you are looking to teach at a Research 1 institution once you have your degree make sure that you do your homework before choosing an hybrid program. I still think Research 1 institutions do not look kindly on non-traditional PhD programs because at times these programs are less known.
I will post of list of hybrid social work, nonprofit management and public administration PhD programs soon. Stay tuned. Comments are welcome!
21 Burning Nonprofit/NGO Sector Questions
November 16, 2009 at 9:10 pm · Filed under Affordable Housing, Community Development, Community Economic Development, Community Organizing, Disaster Relief, Economic Crisis, Fundraising, Holistic Missions, International Development, Jobs, Microfinance, Nonprofit Management, Nonprofits, Social Entrepreneurship, Social Justice, Social Work and tagged: Development, Economic Crisis, International Development, NGO, Nonprofit, Nonprofit Management
This was a great post that I found on the Nonprofit Local blog. It is an excellent set of questions to discuss with your staff or students who are considering a nonprofit career. Check out the post here.
Great podcasts from Craiglist Foundation
November 16, 2009 at 4:56 pm · Filed under Community Development, Community Economic Development, Faith, Favorite Personal Blogs, Favorite Podcasts, Fundraising, International Development, Microfinance, Nonprofit Management, Nonprofits, Social Entrepreneurship, Social Justice, Social Work and tagged: Foundations, Fundraising, Grant Making, Nonprofit Management, Nonprofits, Proposal Writing, Strategic Planning
I just found an excellent podcast from the Craiglist Foundation. You can subscribe to the podcast on ITunes or as an RSS feed. You can find out more here.
From Poverty to Power by Duncan Green » Blog Archive » Which governments are best/worst at ending hunger?
November 15, 2009 at 10:47 pm · Filed under Community Development, Community Economic Development, Favorite Blogs, International Development, Microfinance, Nonprofit Management, Nonprofits, Uncategorized
The Myths of Microfinance
November 15, 2009 at 10:39 pm · Filed under Community Development, Community Economic Development, Favorite Blogs, Favorite Personal Links, Globalization, International Development, Microfinance, Nonprofit Management, Nonprofits, Social Entrepreneurship, Social Justice and tagged: Development, International Development, Micro credit, Microfinance, Nonprofit, Nonprofits, Podcasts
A recent article in the Boston Globe discusses a recent two research studies done by MIT and Yale which document the limits of microfinance in alleviating poverty among the world’s poor. This article, of course, has been responded by several leaders in the microfinance field. One of my favorite organizations, KIVA have responded to the article in a number of forms. I just read an excellent blog post from the Global Development Center by Jenny Aker. You can read it here.
Nonprofit Career Month
November 13, 2009 at 9:41 am · Filed under Affordable Housing, Community Development, Community Economic Development, Community Organizing, Economic Crisis, Favorite Blogs, Favorite Personal Links, Higher education, Holistic Missions, International Development, Jobs, Microfinance, Nonprofit Management, Nonprofits, Social Entrepreneurship, Social Justice, Social Work
As I am finishing up my nonprofit management course, I found this new website – Nonprofit Career Month. There is a blog, podcast and links to state based nonprofit associations and resources. This project is powered through the work of Idealist.org the first place people go to find a nonprofit job or understand the nonprofit sector. If you are a young professional looking for a job, check this website out!
New website for Office of Faith Based and Community Initiatives
November 10, 2009 at 12:01 pm · Filed under Affordable Housing, Community Development, Community Economic Development, Community Organizing, Faith, Holistic Missions, Nonprofit Management, Nonprofits, Social Justice, Social Work and tagged: Employment, Non, Nonprofit Job Search, Nonprofit Jobs, Nonprofits
Received this from a list serv:
Friends –
Good news!
The White House has just launched the new Internet home of the Office of Faith-based and Neighborhood Partnerships. You can find it at www.whitehouse.gov/partnerships.
This website will help faith-based and neighborhood organizations learn more about how they can partner with government to better serve individuals, families and communities in need.
I’m particularly excited about our new Partnerships Blog which will be updated regularly with the latest information about the Office. In the coming days, the Partnerships Blog will feature profiles of our agency Centers, information about the President’s Advisory Council on Faith-based and Neighborhood Partnerships, spotlights on local organizations and much more.
We’re looking forward to using this website to communicate important information to local organizations and community leaders. Thanks for all the great work that you do!
Best wishes,
Joshua DuBois
Special Report – International education – M.B.A.’s Guide to Socially Concerned Entrepreneurs – NYTimes.com
November 2, 2009 at 7:04 pm · Filed under Community Economic Development, Corporate Social Responsibility, Economic Crisis, Globalization, Higher education, Jobs, Microfinance, Nonprofit Management, Nonprofits, Social Entrepreneurship, Social Justice
Here is an interesting article for future MBAs who are looking to use their business skills for the greater good. It comes to us from The New York Times:
PND – RFPs Echoing Green Opens Application Period for Social Entrepreneur Fellowships
November 2, 2009 at 1:29 pm · Filed under Uncategorized


