Current Practices in Community Investing

DateDecember 12, 2012
CostFree

Community investment helps build more vibrant neighborhoods and fosters economic growth by directing capital from investors and lenders to communities that are underserved by traditional financial services.

Job creation; business start-up and growth; safe, green and affordable housing; charter schools; childcare services, public transit; and sustainable agriculture and local food systems are some of the more common activities that community investments fund.  However, different from private philanthropy these investments provide a financial return as well as a social return to the investor. Over the years, the practice of community investing has changed and grown. Increased awareness, the financial crisis and a growing interest in investments that are ‘place-based’ – allowing  people to put money to work in their own communities has helped to engage new investors with a broader array of services.

Please join us on Tuesday December 11th, 2pm EST for an informative free webinar Current Practice in Community Investing, sponsored by The Community Investing Network of NJ and Ventureneer. The webinar will introduce you to the products available to investors, by asset class; the role of advisors; as well as the growing practice of putting investment dollars to work in local communities.

Watch part 1

Watch part 2


Who Should Attend?
  • Investors
  • Advisors
  • Wealth management professionals
  • Executive staff/trustees of philanthropic foundations
     

 


Instructor

Bruce Arbit is the founder of Melarbit and Community Investing Network of NJ and will be moderating the webinar. Bruce has been directly involved in the creation of local community investment funds where he has worked to engage a diverse range of investors with varying interests and motivations. His work supports the development of affordable real estate for housing and community facilities; start-up and small business development; and creative place making in urban areas.

Roslie Sheehy Cates is a highly regarded community investing professional who recently authored a report Options and Innovations in Community Investing: A Report from the Field for The Forum for Sustainable and Responsible Investment (US SIF). Following the overview, we will facilitate a conversation with Rosalie and other community investing practitioners about current practices in community investing with a special focus on New Jersey.

Elizabeth Glenshaw is the Managing Director for Clean Yield Asset Management, an asset management a firm that promotes societal sustainability into their investment strategy. Prior to joining Clean Yield, Glenshaw spent the preceding decade with Calvert Foundation building out the Calvert Community Investment Note program both on the lending and investment side of the shop.

Greg Stankiewicz is COO of New Jersey Community Capital (NJCC). NJCC is an example of the type of organization that can leverage community investments to help neighborhoods across the state. Stankiewicz will provide updates on two new programs: one providing aid to small businesses impacted by Sandy and the other to homeowners facing foreclosure.