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From the Outside InSuburban Elites, Third-Sector Organizations, and the Reshaping of Philadelphia$
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Carolyn T. Adams

Print publication date: 2014

Print ISBN-13: 9780801451621

Published to Cornell Scholarship Online: August 2016

DOI: 10.7591/cornell/9780801451621.001.0001

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Neighborhood Nonprofits Tap Outside Resources for Development

Neighborhood Nonprofits Tap Outside Resources for Development

Chapter:
(p.112) Chapter 4 Neighborhood Nonprofits Tap Outside Resources for Development
Source:
From the Outside In
Author(s):

Carolyn T. Adams

Publisher:
Cornell University Press
DOI:10.7591/cornell/9780801451621.003.0005

This chapter examines how community nonprofit organizations are mobilizing substantial outside funding, including government support, to preserve and rebuild disadvantaged neighborhoods in greater Philadelphia. It shows that actors and institutions situated beyond the city limits play an important supporting role in the urban redevelopment work undertaken by community-based nonprofits. These outsiders exert influence through community development financial institutions whose resources are helping in the process of rebuilding neighborhoods. This chapter explains how neighborhood redevelopment became a nonprofit responsibility and how community organizations obtain investment capital. It considers “walking-around money” used by legislators in Pennsylvania to help community development corporations and other nonprofits carry out projects in their districts. It also asks whether community reinvestment has been effective in reshaping the city.

Keywords:   nonprofit organizations, Philadelphia, urban redevelopment, financial institutions, neighborhood redevelopment, investment capital, walking-around money, Pennsylvania, community development, community reinvestment

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