Also by Reinvestment Fund
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Restoring Markets. Reimagining Possibilities.

Reinvestment Fund is reimagining neighborhood revitalization by combining expertise, analysis and creative approaches to investing with a social purpose. Our investments marry smart data to informed policies to create thriving, healthy neighborhoods that families are proud to call home.

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“Everything now, we must assume, is in our hands; we have no right to assume otherwise. If we – and now I mean the relatively conscious whites and the relatively conscious blacks, who must, like lovers, insist on, or create, the consciousness of the others – do not falter in our duty now, we may be able, handful that we are, to end the racial nightmare, and achieve our country, and change the history of the world.”

 James Baldwin
The Fire Next Time, 1963

 

Pain, frustration, disbelief, anxiety, exhaustion, fear, anger—each of us has likely experienced some of these emotions and then some as we have witnessed the events unfolding across our country. Those of us who work for social justice have believed we were rolling the boulder up the mountain, only to wake up and find so little discernible forward progress. We despair, we repair, then it happens again.

We mourn for Ahmaud Arbery in Georgia, George Floyd in Minnesota, Breonna Taylor in Kentucky and the countless others that came before them. We are outraged by the violent response to peaceful protesters in our cities. As American myths are ripped away the darker reality of long-standing racial oppression, disregard for black lives, and the well documented consequences of militarizing police forces are revealed for all to see.

For too long, we have seen the long shadow of our nation’s racist legacies perpetuate an unequal America. We see it every day in our work to counter the effects of redlining, segregation and discrimination.

At Reinvestment Fund, we know that we must do more. It’s not enough to call out the systemic racism evident in policing or healthcare or politics. It’s not enough to lament the injustice.

If we want to change what we are witnessing, we need action. What matters most now is what we choose to do. And at Reinvestment Fund, we choose:

We know our path will be complicated but we are clear that dismantling the very systems and policies that keep oppression alive, is necessary and urgent. We urge you to join us on this journey and take action. We can and must do better.

 
Edward Waters College

Reinvestment Fund provided financing to Edward Waters College, Florida’s first Historically Black College or University (HBCU), transforming the College’s financial health and positioning it for long term financial stability.

Edward Waters College (EWC) is a private, non-profit HBCU in Jacksonville which, since its founding, has been affiliated with the African Methodist Episcopal Church. EWC was founded in 1866 as the first private educational institute of higher education in Florida. They remain one of four HBCUs in the country still affiliated with the AME Church.

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COVID-19 Response

The communities we serve are feeling the deep financial and social impacts of COVID-19. Reinvestment Fund is working with our borrowers and partners to help them access local, state, federal and philanthropic emergency resources as they become available. Our goal is to help alleviate some of the immediate financial pressures and ultimately to preserve local assets.

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Recent News
Reinvestment News Fall 2020: Justice, Kauffman Knowledge Challenge and more
Posted September 24, 2020

We at Reinvestment Fund mourn the death of the indomitable Justice of the Supreme Court, Ruth Bader Ginsburg, who made it her life’s work to dismantle and eradicate the practice of systematic discrimination against women, Black and brown people, and LGBTQ people. Her passing threatens many hard-won civil liberties, for which we all must persevere to fully secure. The ‘Notorious RBG’ stood her ground. Like her, we must not weaken in our resolve to achieve racial, gender, and economic justice for all Americans. Read our full statement.

With elections just weeks away, we are also carefully monitoring the policy landscape and its impacts on communities and the pursuit of equity for all. In many Black communities, a legacy of systemic racism persists, making it too hard for people to own a home, start a business, and build long-term wealth. Moreover, the current pandemic has shown all too clearly the life and death consequences of this historical disparity, with Black and Latinx communities suffering the biggest share of COVID-19 cases and deaths, as well as wage reductions and job losses.

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Featured Publication
Resolving Landlord-Tenant Disputes: An Analysis of Judgments by Agreement in Philadelphia’s Eviction Process
Published 2020

Philadelphia Landlord-Tenant Court processes approximately 20,000 filings each year. Many of those cases are not contested by the tenant and the landlord is given legal authority to take possession of their unit back. However, nearly half of the remaining cases settle with a Judgment by Agreement (JBA) – a process designed to facilitate a resolution of the dispute between the landlord and tenant.

Reinvestment Fund’s research has identified a number of positive and negative attributes to the process and resulting agreements. In this Brief, Reinvestment Fund reviews the learnings from an analysis of JBAs as well as interviews with tenants and landlords (and their respective attorneys) and court observation.

When Philadelphia Landlord-Tenant court reopens after the COVID-19 closure, there will undoubtedly be a backlog of cases that landlords will have been waiting to file. In this moment, when stable housing is more than ever a critical part of public health strategy and landlords need stabilized incomes to provide that housing, it is the time to make significant decisions around court processes and resources to ensure that the eviction process operates in a way that is both fair and efficient.

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