So Much at Stake

The Collaborative Workout of the Women’s Community Development Organization that Saved 87 Units of Supportive Housing in 12 Projects

This report tracks a Minnesota nonprofit housing development organization that experienced phenomenal growth and had remarkable impact in its early years, but faced many daunting mid-life challenges and eventually experienced a gradual but persistent decline in its capacity and ability to remain solvent and fulfill its mission.

This dynamic organization underwent a painful but exemplary workout process that involved the organization’s key leaders, its funders, and numerous community stakeholders. The final result was an orderly transfer of its assets to a more financially sound nonprofit housing organization and continued mission impact on the lives of hundreds of vulnerable women and children.

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