What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part VI of VI)


All that’s left of the Dodo. Luckily, CSH, NFF, Enterprise and LISC are all still around.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part V of VI)


Disney’s Dodo: not known for innovative social finance policies.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part IV of VI)


The Dodo hangs with Alice in Wonderland. LISC, Enterprise, CSH and NFF are not building affordable housing there.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here.

Click on the following links to read Part IPart II or Part III. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part III of VI)


Dodo’s do not scale well. Luckily, intermediaries do. – Image by rhombitruncated.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part II of VI)


This picture of a feisty dodo has nothing to do with this blog. – Image by Michael Kutsche

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part I of VI)


The dodo has nothing to do with this blog series. Really. – Image by Daniel Eskridge

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.  To binge-read the full report, click here. Continue reading

In Praise of (Stinky, Noisy) Bars


Reposted from Rooflines.

Nighthawks, Edward Hopper

The vaunted “third space” isn’t home, and isn’t work – it’s more like the living room of society at large.  It’s a place where you are neither family nor co-worker, and yet where the values, interests, gossip, complaints and inspirations of these two other spheres intersect.  It’s a place at least one step removed from the structures of work and home, more random, and yet familiar enough to breed a sense of identity and connection.  It’s a place of both possibility and comfort, where the unexpected and the mundane transcend and mingle.

And nine times out of ten, it’s a bar. Continue reading

Dear Mom, Here’s What Crashed the Economy (Part III) – And How to Fix It


Reposted from my guest blog on Rooflines

Mom at the Darke County Fair, Greenville, Ohio

Happy New Year!  And what better time to talk about my favorite ideas for getting us out of this fine mess of an economic jim jam we’re all bunched up in.  But first, a recap of my previous two posts:

  • In Dear Mom (Part I) I talked about the absolutely bizarre and vitriolic discussion around what role US federal housing policy played in the collapse of the global economy.  Basically, it played a very minor role, in spite of lingering (or, should I say, malingering) opinions to the contrary.  When even the industry publication American Banker weighs with a super geeky online commentary saying pretty much what I already said in my blog post, I think we can all put this bugbear to bed.
  • In Dear Mom (Part II) I took a pretty heady Wall St Journal editorial by Republican dissenters to the Federal Crisis Inquiry Commission and broke down their top ten reasons for the economic collapse into plain English.  I’m proud of this blog post, really.  It works.  And my mom says you should read it because it’s good for you.
But now that I’ve debunked the junk and laid down the ground, I owe it Mom and to you, dear reader, to put my money where my mouth is and talk about what my favorite fixes include.  So to begin. Continue reading

Dear Mom, Here’s What Crashed the Economy (Part II)


Mom at the 9/11 Memorial

Re-posted from my guest blog on Rooflines.

In case you missed the first post in this series, you can link to it here.  You should read it.  My mom says so.  

My goal is to answer my mom’s simple question:  why did the economy crash?  She was asking me because she had read two newspaper articles that had completely different views as to why this very bad thing happened:  Five Good Reasons Why Wall Street Breeds Protesters (USA Today), and Wall Street’s Gullible Occupiers (Wall Street Journal).

In a nutshell, these two opposing views are:

  1. Wall Street greed, lax regulatory oversight, and excessive executive compensation fueled a global debt glut that finally imploded; and
  2. Federal housing policies forced Wall Street financiers to provide high risk mortgages to unworthy borrowers, ultimately leading to an unstable housing market that finally collapsed and brought the economy down with it.

In my first post, I explained some of the background for these opposing views, and I also spent a substantial amount of time discussing why view #2 appears to be (a) freakishly out of touch with reality, (b) so freakishly out of touch with reality that even people who normally want to blame the government for everything can’t agree with it, and (c) in spite of (a) and (b), freakishly popular.

To add vinegar to gall, I don’t think view #1 really doesn’t do justice to the issues either. Continue reading

Dear Mom, Here’s What Crashed the Economy (Part I)


Re-posted from my guest blog on Rooflines.  

My Mom Rocks!

My mom rocks.  She’s the most big-hearted, intellectually curious, bright-eyed and good-looking mom in the world.  Now, she and Pop came for a visit a few weeks back and Mom pulled out of her purse a couple of news clippings:  Five Good Reasons Why Wall Street Breeds Protesters (USA Today), and Wall Street’s Gullible Occupiers (Wall Street Journal).  She laid them down in front of me over a lovely brunch (at Kevin’s in Red Hook for you foodies out there) and asked in that demure Dayton, Ohio drawl of hers:  which one should I believe?

Mom deserves an answer! 

So, I’m going to give it my best shot.  There are an awful lot of folks who have killed an awful lot of trees trying to sort this business out (and I will cite throughout this blog my personal favorites), and much black ink has been spilled.  I’m going to try and give to you, in layman’s terms, what I believe the critical issues were and some ideas on how to address the current aftermath and future implications thereof.  This may take a while.  Ready? Continue reading