“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.”
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.
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.Read Story
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.Learn more
Reinvestment Fund announced today that its ‘A+’ issuer credit rating has been affirmed by S&P Global Ratings. Reinvestment Fund is a social enterprise lending organization and among a handful of such institutions that has been rated by S&P Global Ratings. S&P Global Ratings also affirmed its ‘A+’ long-term rating on Reinvestment Fund’s series 2017 and 2018 taxable impact investment bonds.
“This affirmation of Reinvestment Fund’s ability to do well and do good is particularly encouraging at a time when so much feels uncertain,” said Don Hinkle-Brown, President and CEO of Reinvestment Fund. “The rating is also a reflection of the tremendous confidence—shared by our investors, our partners and most of all, our staff—in our ability to deliver on our mission of equitable growth.”
This rating is a powerful recognition of Reinvestment Fund’s demonstrated ability to meet its financial commitments through the strategic investment of capital in underserved communities.Read More
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.