CDFIs: Concessionary Loans

Community Development Financial Institutions (CDFIs) may have the flexibility to create new loan products to better serve their communities.  Concessionary loan capital is one such type of new loan product.   Concessionary loans are loans that offer more generous terms than market rate loans.  These terms may be lower interest rates, a longer pay-back period,…

Resource for your business: Oakland Grown

Oakland Grown is a nonprofit membership organization that services Oakland’s independent businesses, artists, and makers.  They promote buying, investing, and giving locally to build a sustain a more just and vibrant Oakland economy.   Oakland Grown’s members receive significant benefits (click here for their membership kit): Promote Oakland Grown members Provide workshops and events to…

CDFIs: Persistent Poverty Counties

Community Development Financial Institutions (CDFIs) support local economies by investing in under-invested areas.  Main Street Launch is proud to be a CDFI serving low-to-moderate income communities in Oakland and San Francisco.   The CDFI Fund identifies counties across the country that experience “persistent poverty” (defined as any county that has had 20% or more of…

Impacts of CDFIs

This post is part of our series about Community Development Financial Institutions (CDFIs).  Check out our other posts What are CDFIs? and Finding your local CDFI. Community Development Financial Institutions do work that support a variety of important impacts in our communities.  Some CDFIs focus on investing in affordable housing, others on investing in community…