Global Communities (formerly CHF International) is an international development and humanitarian aid organization that operates in approximately 25 countries per year. The non-profit organization was founded in 1952 as the Cooperative Housing Foundation and provided affordable housing for low-income families in rural and urban America. Global Communities began working abroad in the 60s, and today, the organization implements a variety of programs in the areas of economic development; micro, small and medium enterprise (SME) and housing finance; governance and urban development; construction and infrastructure; civil society and municipal development; global health and emergency response.
In 2012, the organization changed its name to Global Communities.
Originally Global Communities was established as the Foundation for Cooperative Housing (FCH) in 1952, as a 501(c)(3) non-profit corporation seeking to help low- and moderate- income families in America and low-income urban neighborhoods to achieve improved economic standing and quality of life through the construction of affordable housing. Following their inception, they sponsored over 60,000 units of cooperative housing in 35 states across the US. In the 1960s the organization began operations outside of the U.S. developing cooperative housing in Central America. In the 1970s this trend of working outside of the U.S. to develop housing continued and in the 1980s Global Communities’ programming was entirely international. Through the rest of the 1980s and the 1990s the organization expanded its portfolio of programs and began addressing other community needs and not just housing. Global Communities has been working in Romania since 1994 to enhance the competitiveness of the business community, and prepare the country for EU accession – an effort that culminated in 2007. During the 2000s, the organization expanded its operations significantly responding to major disasters such as the 2004 Indian Ocean Tsunami and the 2010 Haiti earthquake; operating the largest international network of microfinance institutions in the Middle East, with major operations in Iraq, Lebanon, West Bank and Gaza and Jordan; and becoming recognized as a major U.S.based international development NGO.
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- Brown, David (2012). In one of Haitian capital’s roughest neighborhoods, a pretty good second chance, Washington Post: https://articles.washingtonpost.com/2012-08 18/national/35491370_1_septic-tanksmassive-earthquake-modelneighborhood
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.