Archive for the ‘Community Investment Profile’ Category

Coastal Enterprises, Inc.

Wednesday, June 30th, 2010

Randy Rice
Mission
Coastal Enterprises, Inc. (CEI) is a 501(c)(3) private, non-profit community development corporation (CDC) and community development finance institution (CDFI).  CEI’s mission is “to help create economically and environmentally healthy communities in which all people, especially those with low incomes, can reach their full potential.” CEI is one of the nation’s leading rural community development [...]

Opportunity Finance Network

Thursday, February 25th, 2010

Randy Rice
Overview
Opportunity Finance Network (OFN), formerly the National Community Development Loan Fund, is the leading network of private financial intermediaries identifying and investing in opportunities to benefit low income and low wealth people in the U.S.  OFN members include community loan funds, community development financial institutions (CDFIs), community banks and credit unions.
OFN’s vision is “a [...]

Community Investment Notes from Calvert Foundation

Tuesday, September 8th, 2009

Vision/Mission
Since 1995, Calvert Foundation has provided social investors with the Community Investment Notes, which help to lift people out of poverty while providing a modest financial return back to the investor.
Calvert Foundation works to maximize the flow of capital through more than 250 community development organizations globally, to benefit underserved communities and individuals, and to [...]

Cooperative Fund of New England

Monday, May 18th, 2009

Overview
A cooperative (co-op) is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise. Co-ops are also values-based businesses, rooted in self-help, responsibility, democracy, equality, equity, and solidarity.
The Cooperative Fund of New England Inc. (CFNE), founded in 1975, [...]

Public Radio Capital / Public Radio Fund

Wednesday, February 4th, 2009

Mission
Public Radio Capital (PRC) is a 501(c)(3) organization whose mission is to strengthen and expand noncommercial media so that local communities nationwide have access to more in-depth information, unbiased news, diverse music and cultural programming.
History/Structure
Since its founding in 2001, PRC has worked with more than 200 public radio organizations ranging from first-time station owners to [...]

Boston Community Capital / Boston Community Loan Fund

Friday, October 3rd, 2008

Overview
Boston Community Loan Fund (BCLF) was established in 1985 by socially responsible investors with a focus on lending to nonprofits for affordable housing in Boston.
In 1994, BCLF established Boston Community Capital (BCC), a nonprofit holding company, to respond to new credit and capital needs in low-income communities.  BCLF became an affiliate of BCC. They also [...]

Community Investing at Trillium Asset Management Corporation Over the Past 25 Years

Monday, September 15th, 2008

The concept of “community investing” is as old as money itself. People invest directly in their community for the greater good of that community. It is a notion that modern credit unions are built upon.
In 1973, ShoreBank (then South Shore Bank) opened its doors on the south side of Chicago. While other banks were leaving [...]

Mercy Loan Fund/ Mercy Housing, Inc.

Thursday, April 10th, 2008

Vision / Mission
Mercy Loan Fund (MLF), along with its parent organi­zation Mercy Housing, Inc. (MHI), works to create a more humane world where poverty is alleviated, communities are healthy and all people can develop their full potential.
MLF provides capital to community-based affordable hous­ing developers with financing needs that are unmet through traditional financial institutions. MLF’s [...]

The Vermont Community Loan Fund

Wednesday, January 30th, 2008

Vision / Mission
The Vermont Community Loan Fund (VCLF) is a Community Development Financial Institution that provides loans, technical assistance and support for the development of affordable housing, community facilities, local businesses, childcare programs and other projects that benefit low- and moderate-income Vermonters. Their mission is to strengthen Vermont by providing equitable access to capital for [...]

Self-Help

Wednesday, January 23rd, 2008

History/Overview
Self-Help Credit Union (SHCU) is a federally insured, state-chartered credit union located in Durham, North Carolina. Since its founding in 1984, SHCU’s mission has been to help build assets, creating opportunities for families and their communities. As a federally recognized community development financial institution, SHCU uses interest-bearing deposits, such as Certificates of Deposit (CDs), to [...]


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