How to invest in A St. Louis cdfi

The St. Louis CDFI Coalition is a partnership among 8 Community Development Financial Institutions (CDFIs) that offer an array of capital, development, and consulting services, and share a common mission to empower a comprehensively healthy St. Louis Community through support for nonprofits, small businesses, and low-income communities.

Alliance Credit Union is a Low-Income Designated CDFI with strong consumer, mortgage, and commercial lending portfolios. Contact Frank and we can discuss partnerships that will help banks or other lenders meet CRA or deployment obligations.

Alltru Credit Union, formed over 50 years ago to serve the communities in and around St. Louis, is a CDFI, low income designated, not for profit cooperative, with a focus on deploying highly accessible and flexible consumer lending, credit building and checking products for credit challenged households. Alltru is experienced with creating effective partnerships and is open to discussing opportunities for programming or products to help meet important impacts for the people of St. Louis and St. Charles.

Gateway CDFI is a for-profit entity focused on financing affordable housing redevelopment projects that can accept Equity Investments. Additional investable opportunities include

• St. Louis-area Participation Loan Pool: Minimum 5-year, $500,000 commitment.

• Direct Lending: Fund capital directly to Gateway, either on an unrestricted basis or via a specific use/project.

IFF is a mission-driven lender, real estate consultant, and developer that helps communities thrive. IFF offers a socially responsible Investor Consortium:

• IFF Credit: Aeris AAA+1 ($0 investor losses on $195M issued)

• Investment: $250K - $10M (3 – 7 year durations)

• Repayment: P&I repaid quarterly

• Security: IFF loans in pool and 2% reserve

• Portfolio Profile: 68% low and very low census tracts

Reasonable-return investments are available upon request. Please contact Nadya Kanim for more specificity.

Justine PETERSEN founded Great Rivers Community Capital, a certified CDFI and wholly-owned subsidiary, to provide consumer, housing, and micro-enterprise loans to low-income families who lack access to safe and affordable capital.

Justine PETERSEN offers myriad vehicles for contribution and investment, including

• Program-Related Investments (PRIs)

• Equity Equivalent Investments (EQ2s)

Justine PETERSEN also offers opportunities for philanthropic and private wealth investment.

Contact Colleen for more information about Rise’s new CDFI and how to invest.

St. Louis Community Credit Union (SLCCU) is a Minority Depository Institution (MDI) and federally insured by the National Credit Union Administration. SLCCU is a mainstream financial institution offering a full range of savings, checking, and loan products for consumers and organizations.

Investments in SLCCU are available through three primary platforms:

• Certificate of Deposit (1 month – 60 months)

• Savings Account ($1 minimum)

• Money Market Account ($1,000)

USI CDFI Fund provides equitable and accessible capital and technical assistance to Women and Minority Owned Business Enterprises (W/MBE). Our products are designed to dismantle persistent barriers to social mobility and wealth inequity and create a pipeline to affordable credit and capital, enabling out clients to participate in the revitalization of their communities as business owners, entrepreneurs, and agents of change. Please contact Julian to discuss partnership and investment opportunities.