2002 Annual Report
2003 – Content and images from our 2002 annual report, in Adobe Acrobat format.
2003 Annual Report
2004 – Content and images from our 2003 annual report, in Adobe Acrobat format.
Neighborhood Development Center (NDC)
NDC is a Community Development Financial Institution (CDFI) that empowers aspiring under-resourced entrepreneurs to build businesses in their neighborhoods, often the most economically strained in the Twin Cities. The organization describes itself as a character lender and points to its wraparound support for entrepreneurs—both pre-loan and post-loan—for achieving a high degree of repayment. NDC’s lending …
Family Housing Fund: Home Prosperity Fund
Family Housing Fund protects and creates affordable housing in the Twin Cities metro area. It also created the Twin Cities Community Land Bank to strategically invest in land and buildings. Investment $5 million 10-year loan at 2%; originated in 2009. Exited in 2022 (success). Rationale Capital to ease the foreclosure crisis in the Minneapolis-St. Paul …