Community Capital Fund

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August 2015 Newsletter

Contents

  1. Save the Date for the 2016 Community Development Workshop!

  2. Support the Palestine Neighborhood in their Capacity Building Project

  3. Neighborhood Opportunity Grant Information Sessions August 25 and 26

  4. CCF “Sister Organization” AltCap (formerly KCMO CDE) Attains CDFI Designation

  5. CCF Board Member Named Digital Inclusion Fellow

  6. Musketeers Civic Group Finishes Successful Crowdfunding Campaign

 


1. Save the Date for the 2016 Community Development Workshop!

 
The fourth annual Community Development Workshop will be held on Saturday, February 6 from 8:30am-3:30pm at the Ewing M. Kauffman Foundation Conference Center (4801 Rockhill Road, Kansas City, MO). For the last three years the workshop has brought together hundreds of residents and organizations working in community development and neighborhood revitalization to learn, collaborate, and be empowered.

  Next year’s event will include:

     
  • Engaging panel sessions on topics including community safety, incorporating arts and culture in community building, and local community health initiatives
  •  
  • Technical skill trainings including grant writing and funder relations, using free online tools for improving your community, and best practices for operating a neighborhood association or organization
  •  
  • A facilitated networking session to connect with others and learn about their work
  •  
  • A renowned keynote speaker with expertise in community health and neighborhood revitalization
  •  
  • Information booths from local organizations working with neighborhoods to support their efforts

 

We rely on a dedicated team of volunteers to help make this event possible. If you are interested in volunteering in our office before the event or at the event, please contact Amanda Wilson at amanda@ccfkansascity.org.

Community Capital Fund partners with local organizations and businesses to make this event possible through large and small sponsorships. If you are interested in learning more about sponsorship opportunities, please contact Amanda Wilson at amanda@ccfkansascity.org or (816) 502-9584.

Registration for workshop will open in November. Stay tuned for future announcements!

2. Support the Palestine Neighborhood in their Capacity Building Project

 
Community Capital Fund grantee Palestine Neighborhood Development Corporation (PNDC) recently launched their crowdfunding campaign to develop and implement their Coordinated Engagement Partnership Program. Any contribution from $10 to $500+ will help them develop their leadership program to accomplish their own revitalization work throughout the neighborhood.

 

PNDC, working in conjunction with program partners MU-Extension and the UMKC Institute for Human Development, will train and provide ongoing mentoring support to a neighborhood coordinator and will facilitate capacity development of PNDC leadership, staff, volunteers, as well as other community-based organizations, and residents.

The Palestine Neighborhood is located in Kansas City, Missouri and is bounded on the north by Linwood Blvd, 39th Street on the south, Indiana Avenue on the west and Jackson Avenue on the east. The neighborhood has just over 2200 residents.

The program is a new approach to old, difficult problems that plague the urban neighborhoods of Kansas City and most other large cities. It places the control of redevelopment squarely in the hands of community residents and lowers the reliance on others. This pilot project will, in addition to accomplishing the identified goals and outcomes, show other neighborhoods a low-cost, effective approach to taking control of their own destinies.

As a CCF Neighborhood Opportunity Grant recipient, PNDC will raise 20% of their grant award through their online crowdfunding campaign that will run the entire month of August.

  Learn more and consider supporting PNDC’s Coordinated Engagement Partnership Program before the August 31st crowdfunding deadline!

 

3. Neighborhood Opportunity Grant Information Sessions August 25 and 26

 
The Fall 2015 Round of the Neighborhood Opportunity Grant Program will open Friday, August 28 and will close Friday, September 25 at 5pm. Organizations interested in applying for a Neighborhood Opportunity Grant are encouraged to attend one of the grant information sessions (both sessions will present the same information) on Tuesday, August 25 from 5-6pm OR Wednesday, August 26 from noon to 1pm at the Mohart Multipurpose Center at 3200 Wayne Avenue, Kansas City, MO.

 

Neighborhood Opportunity Grants provide $5,000-$20,000 in funding to support projects and programs that build neighborhood capacity where
residents are empowered to leverage their collective skills, knowledge, and resources to achieve their community goals. To qualify, applicants must be a
501c3 organization and be located in the CCF focus area (see eligibility map here).

Grant recipients are required to fund a portion of their grant award with a crowdfunding campaign to develop their own technical capacity while raising even more friends and funds than a traditional grant alone.

Organizations interested in applying for a Neighborhood Opportunity Grant are encouraged to:

  1. Attend a grant information session

  2. View the descriptions of previously funded projects here

  3. Refer to CCF’s grant scoring sheet here

The grant application will available on our website on Friday, August 28.

Please contact Amanda Wilson at (816) 502-9584 or amanda@ccfkansascity.org for more information.

Note that starting in spring 2015, the former “Tier 1” small grants program (up to $1,000) has been replaced by the new Neighborhoods Rising Fund. The
former “Tier 2” grant ($5,000-$20,000) is now being offered as the Neighborhood Opportunity Grant.

4. CCF “Sister Organization” AltCap (formerly KCMO CDE) Attains CDFI Designation

 
In July, the CDFI Fund of the U.S. Department of the Treasury approved AltCap for community development financial institution (CDFI) status. As a newly certified CDFI, AltCap will be able to greatly expand its lending activity to address capital gaps in the market, furthering investment, job creation and economic development and growth opportunities in historically under-invested and under-resourced communities throughout Kansas City, Missouri. With the CDFI designation, AltCap becomes the only Kansas City- and mission-based CDFI serving economically distressed target markets throughout Kansas City, Missouri.

  “The CDFI designation is a game changer for AltCap and Kansas City,” said Ruben Alonso III, President of AltCAp. “We have worked hard to position the
organization for this designation and are excited about the resources we will be able to access and opportunities those resources will create to further our
mission to provide alternative financing tools to support critical investments in Kansas City’s most economically challenged communities.”

  To date, AltCap has operated as a 501c4 providing nontraditional, alternative financing to support job creating and catalytic investments throughout Kansas
City, Missouri’s most economically distressed communities. Its main financing tool has been the New Markets Tax Credit (NMTC) Program, which it has
used to help finance nearly $120 million in capital investments by operating businesses as well as real estate development projects. AltCap has also helped
to provide commercial real estate loans through its façade improvement loan program as well as small business loans through partnerships with micro-lenders such as Justine PETERSEN.

  A certified CDFI is a specialized financial institution that works in market niches that are underserved by traditional financial institutions. CDFIs provide a unique range of financial products and services in economically distressed target markets, such as mortgage financing for low-income and first-time homebuyers and not-for-profit developers, flexible underwriting and risk capital for needed community facilities, and technical assistance, commercial loans and investments to small start-up or expanding businesses in low-income areas. CDFIs include regulated institutions such as community development banks and credit unions, and non-regulated institutions such as loan and venture capital funds. Today there are more than 800 certified CDFIs working in communities across the country.

  AltCap (then KCMO CDE) created the CCF in 2012 to further its impact in historically under invested and under resourced areas of Kansas City by supporting neighborhood capacity building initiatives and projects.

  For more information about AltCap’s CDFI designation, please contact Ruben Alonso III, AltCap President, at (816) 216-1851, ext. 1 or ruben@alt-cap.org.

5. CCF Board Member Named Digital Inclusion Fellow

 
CCF Board Member Eze Redwood was recently named as a Digital Inclusion Fellow to “ help establish programs that connect more people with the Internet, give them access to digital devices and the skills to use them, and gain an understanding of the importance and value of online access.” Leslie Scott, with Squier Park Neighborhood Association, was also named as a Fellow.

The fellowship is supported through a partnership between Google Fiber and the Nonprofit Technology Network (NTEN) and was awarded to 16 fellows in 8 metro areas across the country. After attending a weeklong training program at Google headquarters, fellows returned to their local host organization sponsors to begin implementing the programs. Eze is placed with Literacy Kansas City, a non-profit organization providing no-cost, individualized tutoring services to adults in the greater Kansas City area.

 

6. Musketeers Civic Group Finishes Successful Crowdfunding Campaign

 
The Musketeers Civic Group successfully ended their July crowdfunding campaign to raise funds for their Entrepreneurial & Character Youth Development Program. They surpassed their goal of $700 and raised $925 to bring their CCF grant total to $7,335.

 

  The Entrepreneurial & Character Youth Development Program is a multi-faceted lawn-care program that improves neighborhood appearance, provides
a valuable service to seniors or those with disabilities, promotes physical activity, and instructs and mentors youth in operating a small business.

 

  Congratulations to the Musketeers Civic Group on a successful campaign! Stay tuned for project updates in future CCF newsletters.

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