Show notes
How can we support and strengthen our communities in the face of rising housing prices and gentrification? Adam Zimmerman is the CEO of Craft3, a CDFI that is working to invest in communities and help them build wealth and resilience. Craft3, along with NOAH and CHF, was recently granted $5 million through JP Morgan Chase’s Advancing Cities initiative. They’ll use the grant to help finance local ownership of real estate and reduce displacement.In this episode:How they were selected to receive the grant (4:56)The impact this funding will have (8:42)Which neighborhoods they’ll focus on (12:15)The challenges that come with their work (15:17)Two key actions for nonprofits and community leaders (19:27)Additional resources:Craft3Network for Oregon Affordable Housing (NOAH)Community Housing Fund (CHF)Three Portland nonprofits to share $5 million grant to invest in communities at risk of displacement – OregonLiveThe Public Space is brought to you by the Nonprofit Association of Oregon. NAO strives to connect, improve, and advance all nonprofits to help build a thriving and vital Oregon.