Nonprofits, Tribal Nations, Municipalities, Lenders Invited to Learn More at April 18 Webinar
The Humboldt Area Foundation + Wild Rivers Community Foundation hosts its first Mission Lending Info Session on Friday, April 18, at 10 a.m. Participants can register free at this link.
This info session is for:
- Local financial institutions, financial advisors, and donors who are interested in future lending opportunities to support projects that benefit the community.
- Nonprofits, Tribal Nations and Indigenous-led organizations, Municipalities and special districts, and social enterprises looking for loans for their community projects.
“We’re so proud that we crossed the $10 million mark this year in loans made to community projects over the past decade. Our goal is to get even more of our investment portfolio out of Wall Street and out working locally,” says Leila Roberts, Director of Just Community Development and Investment. “We want to know what your needs are and explore where that fits with our strategic priorities.”
Topics to be covered in the hour-long webinar include:
- How lenders can involve HAF+WRCF when structuring flexible loans for important community projects.
- How nonprofits, Tribal Nations and Native-led organizations, municipalities, and social enterprises can apply for a loan.
- How donors and lenders can help the Foundation develop more community finance mechanisms that follow the principles of slow, patient capital.
HAF+WRCF made its very first loan in 2013 to the Northern California Indian Development Council (NCIDC) for renovation and earthquake retrofitting of the Carson Block building in Old Town Eureka, led by North Edge Financing and including Redwood Region Economic Development Commission, and the Headwaters Fund.
In the past year the Foundation proudly supported the Southern Humboldt Community Healthcare District, Life Plan Humboldt in McKinleyville, CA, and the K’ima:w Medical Center in Hoopa, CA, with loans of $1 million each.
In addition to these new mission investments, the Foundation is still servicing a number of loans from past years, including the Hoopa Shopping Center / iłwai kiliwh, the Blue Lake Town Center, a Hoopa Valley Tribe land back purchase, Humboldt NeuroHealth, Affordable Communities, Inc. (formerly Resident Owned Parks), the Eureka Theatre, Northern California Indian Development Council (NCIDC), and multiple COVID-19 pandemic small business loans.
Learn more about the Foundation’s mission investing and local lending program at hafoundation.org/lending.
To register for the April 18 webinar, click here.