Summer has wound down, and we continue to activate a bevy of intentional impact capital vehicles, including closing 5 homes for child care.
Posts tagged as Advance
We wrote this North Star into the company theory of change: “Financial systems that perpetuate poverty are flipped to systems that eradicate it.” Systems change sounds really cool, but admittedly can be hard to picture. It is thrilling to see it coming into clearer focus, hopefully for you too.
It’s a lot of fun and a lot of work reconnecting capital and community. We’re thrilled to have new teammates that are up for doing both. Please help me welcome newcomers from the last few months of busy recruiting.
This year has started off with strange weather (certainly here in California) and many disheartening reports of violence and discord, but we still believe that centering community in finance can help change those trajectories.
These regional community champions ensure the flow of Advance Strategy capital to underserved and overlooked communities.
As we approach the end of the year, the Mission Driven Finance team is thrilled for how far we’ve come and where we’re going in 2023.
October saw a good chunk of our team traveling for conferences and connecting with our community in person.
If your business is too big for microfinance and SBA loan but too small for traditional banks, our impact-based loans can fill the gap.
Three years ago, a $12M project was designed to transform the lives of the youth in Southeast San Diego with Access Youth Academy.
In the last few months, four strategies with client-partners made the first investments into the community, we welcomed new partnerships and portfolio companies, and the second cohort of community finance fellows graduated.
We sat down with our Chief Legal Officer Joe Pileri to learn about fund basics and what a fund is in the context of impact investing and Mission Driven Finance.
This quarter marks a huge milestone in Mission Driven Finance’s history—we have now flowed over $50 million in “assets into community” (AIC) across more than 100 loan transactions!
No summer slowdown here, we are seeing tons of activity across our various funds.
We’re welcoming summer, (safe) gathering, and new fund launches with our partners—and still mourning that the long battles against COVID-19 and systemic bias continue.
Reflecting on Memorial Day and the second anniversary of George Floyd’s murder, it’s easy to feel like we’re treading water as a society. But we believe in the power of freedom dreams and radical imagination to continue building a future that works for all.
Hilltop Crossing, a new development in San Diego, not only creates middle-income housing but also engages diverse subcontractors and includes energy-efficient features.
After two years of being selected for the ImpactAssets IA 50 Emerging Impact Manager list (in 2020 and 2021—an honor in itself!), this year we moved to the big kids’ table on the IA 50 Fund Manager list as we surpassed three years of track record and $25M in assets under management.
I was honored to join The Brookings Institution for a panel discussion on the state of Black businesses in America in partnership with the Path to 15|55 initiative. The panel amplified a new Brookings report taking a regional lens on Black business ecosystems.