HAC in the News

David Lipsetz Offers Perspective on Inflation and its Impact on Nonprofits

HAC President and CEO David Lipsetz was quoted in Inflation Hits Ability of Nonprofits to Provide Services, Keep Workers — and Raise Money, an article by Dan Parks at the Chronicle of Philanthropy. The piece examines how inflationary pressures are affecting nonprofits and their ability to operate.

“It’s stalled countless projects for us, right in the middle of a period of time when housing and shelter are the most important things needed to weather the storm of a pandemic,” says Lipsetz. “For us, a modest increase in costs can shut down a project in an area of the country where it’s needed the most.”

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