Common Capital is a non-profit organization that is committed to a thriving local economy in order to create positive social and community impacts. We align capital and other resources to community needs and opportunities. We accomplish this by providing financing and business assistance consultation to small businesses and high-impact community projects. Every dollar that Common Capital deploys is an investment in job creation, providing opportunity for low-income people, essential community services, neighborhood rejuvenation and environmental sustainability. We focus on businesses that are locally owned and that recirculate local dollars. Common Capital’s HFFI program focuses on enabling the delivery of fresh, healthy food to underserved populations and providing financing to farm enterprises to expand production and delivery to those populations.
- Deliver farm CSA shares to four HUD housing projects that house extremely low-income residents
- Offer local farms a financing option to get paid for CSA shares up front so they can offer CSA to low-income individuals who are unable to pay in advance for the 18-22 week delivery season
Federal HFFI Program
Agency: Treasury, CDFI Fund, Financial Assistance Program
Fiscal Year 2011, $500,000; Fiscal Year 2014, $500,000