Community Vision Capital & Consulting

PROVIDING FINANCING AND FINANCIAL EXPERTISE TO STRENGTHEN LOW-INCOME COMMUNITIES.

DIRECT LENDING: SINCE 1987, COMMUNITY VISION HAS MADE 556 LOANS TOTALING $240 MILLION TO NONPROFITS AND SOCIAL ENTERPRISES SERVING DISINVESTED COMMUNITIES IN NORTHERN AND CENTRAL CALIFORNIA, LEVERAGING OVER $1.9 BILLION IN ADDITIONAL PROJECT FUNDING. THESE LOANS HAVE HELPED CREATE OR PRESERVE 7,693 AFFORDABLE HOUSING UNITS FOR LOW-INCOME FAMILIES AND INDIVIDUALS, AND FINANCED OVER 3.4 MILLION SQUARE FEET OF NEIGHBORHOOD-SERVING COMMERCIAL AND RESIDENTIAL SPACE. THESE LOANS HAVE ALSO HELPED CREATE OR PRESERVE 16,252 PERMANENT AND CONSTRUCTION JOBS, AND HELPED FINANCE PROJECTS BY ORGANIZATIONS THAT SERVE OVER 1.6 MILLION INDIVIDUALS. AT THE END OF FY21, COMMUNITY VISION MANAGED A PORTFOLIO OF 85 LOANS WORTH $52.9 MILLION TO 74 ORGANIZATIONS. DURING THE COURSE OF FY21, COMMUNITY VISION CLOSED 28 LOANS TOTALING $15 MILLION.

CONSULTING AND TRAINING: SINCE THE INCEPTION OF OUR CONSULTING & TRAINING PROGRAM, COMMUNITY VISION HAS PROVIDED 1,098 REAL ESTATE AND FINANCIAL MANAGEMENT CONSULTING ENGAGEMENTS AND SERVED 3,600 ORGANIZATIONS THROUGH WORKSHOPS ON THESE TOPICS. DURING FY21, THE PROGRAM COMPLETED 73 CONSULTING ENGAGEMENTS, AND REACHED OVER 100 ORGANIZATIONS THROUGH 14 WORKSHOPS.

STRATEGIC INITIATIVES: STRATEGIC INITIATIVES LEADS KEY ORGANIZATION-WIDE STRATEGIC ACTIVITIES THAT ADVANCE THE ORGANIZATION'S IMPACT IN OUR SERVICE AREA. THIS IS ACCOMPLISHED BY ADVISING THE ORGANIZATION'S LEADERSHIP ON STRATEGIC DIRECTION FOR THE ORGANIZATION; EVALUATING, DESIGNING AND IMPLEMENTING NEW PROGRAMS AND PARTICIPATING IN INDUSTRY POLICY INITIATIVE; COORDINATING THE ORGANIZATION'S STRATEGIC PLANNING AND PLAN IMPLEMENTATION; LEADING THE ORGANIZATION'S INITIATIVES; IDENTIFYING AND CULTIVATING STRATEGIC PARTNERSHIPS.

CAPITALIZATION: COMMUNITY VISION WAS FOUNDED BY COMMUNITY RESIDENTS AS A VEHICLE TO CHANNEL CAPITAL FROM SOCIALLY RESPONSIBLE AND MISSION MOTIVATED INVESTORS TO PROJECTS THAT BENEFIT LOW-INCOME PEOPLE. WE PROVIDE EDUCATION ON SUSTAINABLE, SOCIALLY RESPONSIBLE INVESTING. AT THE END OF FY21 INVESTMENTS MADE BY BANKS, FOUNDATIONS, GOVERNMENT ENTITIES, INDIVIDUALS, RELIGIOUS ORGANIZATIONS, NONPROFIT ORGANIZATIONS, AND HOSPITAL SYSTEMS INTO OUR REVOLVING LOAN FUND TOTALED $64.5 MILLION.NEW MARKETS TAX CREDIT: COMMUNITY VISION HAS RECEIVED A TOTAL OF $212 MILLION IN NEW MARKETS TAX CREDIT (NMTC) ALLOCATION FOR USE IN OUR NORTHERN AND CENTRAL CALIFORNIA SERVICE AREA. WE HIGHLY LEVERAGE AND INVEST TAX CREDIT CAPITAL IN HIGH IMPACT BUSINESSES AND NONPROFITS IN QUALIFYING LOW-INCOME COMMUNITIES, CREATING JOBS AND SPURRING ADDITIONAL ECONOMIC DEVELOPMENT. DURING FY21, COMMUNITY VISION PROVIDED $11 MILLION OF ALLOCATION TO ONE PROJECT AND MANAGED OUR 19-PROJECT PORTFOLIO. OUR NMTC PROGRAM HAS HELPED TO CREATE OR PRESERVE 5,637 JOBS, CREATED 1,038,826 SQUARE FEET OF COMMUNITY FACILITY SPACE, HELPED TO DEVELOP 84 UNITS OF AFFORDABLE HOUSING, AND LEVERAGED AN ADDITIONAL $340 MILLION IN PRIVATE INVESTMENT. OVER 962,000 INDIVIDUALS ACROSS 8 COUNTIES SPANNING NORTHERN AND CENTRAL CALIFORNIA WILL BE SERVED BY THE PROJECTS DEVELOPED USING THESE FUNDS.