Case Study Discussions of Community Plans, Capital Plans, & Non-Extractive Financing
Join an interactive discussion of three case study projects that are using integrated community capital (philanthropic, government, and investment money) for large-scale regenerative community asset development projects in Northern California. This workshop series is a followup to our 2021 learning circle. See the report HERE.
The opening session offers a community capital orientation and an overview of the case studies. The following three sessions invite participants to review and discuss a specific case study to work through each of the three main steps that community and capital stewards take to plan and finance non-extractive capital projects.
The first step (LPCF case study) is creating a community plan: a visionary project plan for community-based land stewardship that can involve investors, donors, the government, and tribes. The next step (Dishgamu Humboldt case study) is creating an investable capital plan: translating the community plan into the capital stack financial terms that community organizers often aren’t familiar with. The third step (EB PREC case study) is financing the capital plan: navigating the cumbersome financial institution due diligence requirements for grantees & investees that often do not match the type of friendly capital the institutions say they want to flow out to community stewards.
Hosted by Dr Leslie Meehan & David Cobb
The opening session discusses what community capital means and then shares case study stories. This is a practical orientation for both community and capital stewards to the ideas and real-life experience of building the solidarity economy on a regional scale.
Hosted by Ryan Rising, Robin Porter & Dr Leslie Meehan
This session opens with perspectives on creating a community plan using various models and experience with planning successes and challenges.
The case study Loma Prieta Community Foundation (LPCF) is a 40-year-old rural regional resilience hub. LPCF has a joint school & community land use agreement, dual county & Red Cross program and facility funding, fiscal sponsorship for 40+ groups, and more. They are launching a community planning process including a major shared facility renovation.
Workshop participants discuss approaches to develop a cohesive LPCF community plan.
Hosted by Dishgamu Humboldt (David Cobb & Michelle Vassel)
This workshop shares EB PREC’s experience and recommendations for raising non-extractive capital. Both community and capital stewards will brainstorm ideas for creating a more productive and successful lending process for capital providers to utilize when investing in communities.
- Non-extractive interest rates and term lengths
- Accessible loan documents that non-lawyers (lay people) can understand
- Non-extractive expectation of who bears the burden of “risk”. Understanding the difference between perceived vs. real risk (eg, the potential to remove loan Guarantor & securitization requirements)
- Other legal/technical solutions to current (often cumbersome) processes