Mill Cities Community Investments

Sept. 15 kicks off this year's National Latinx Heritage Month! Over the next month, we'll join in the celebration of the rich histories, cultures and immense contributions of our Latinx community. Latinos are one of the fastest-growing and younger communities of color in Massachusetts, so there are plenty of impactful, beautiful stories to tell. Be sure to tune in for highlights in the coming weeks! #latinxheritagemonth #latinx #community #celebrate #history #culture

Congratulations Opportunity Finance Network on this transformative effort! Proud to be working with our OFN friends to advance environmental justice.

Senators Chris Van Hollen and Bill Hagerty have highlighted the importance of the CDFI Fund in supporting small businesses and community-based lenders. With federal financing expiring soon, it's crucial that we back the Senate's proposed funding level. Use OFN’s Policy Action Center to make your voice heard! Comment "Policy Action Center" for a link to tell your Members of Congress to back this critical funding for the CDFI Fund!

Thanks to our friends at Opportunity Finance Network for highlighting our Executive Director Glynn Lloyd in a recent Q&A! Glynn talked about his "why" for working in the community development space, innovations happening at MCCI and the main challenge — supply of capital — facing hashtag #CDFIs. Be sure to check it out below! #financejustice #socialimpact #economicjustice #CDFI

We're joining forces with the Latino Coalition Small Business Association to hold a workshop in Haverhill about small business support! Join us on Aug. 28 at 6 p.m. at Go Tax Haverhill to learn about capital products for entrepreneurs and how these investments can have a positive impact in our community. ¡Estamos uniendo fuerzas con la Asociación de Pequeñas Empresas de la Coalición Latina para realizar un taller en Haverhill sobre el apoyo a las pequeñas empresas! Únase a nosotros el 28 de agosto a las 6 p.m. en Go Tax Haverhill para aprender sobre productos de capital para emprendedores y cómo estas inversiones pueden tener un impacto positivo en nuestra comunidad.

Lots happening for the MCCI team in Rhode Island! Our Business Development Lending Officer Aiyah Josiah-Faeduwor and development team member Steven Craddock joined our friends from Boston Impact Initiative as panelists in the Venture Café Providence series, one of the state's best opportunities to connect with Rhode Island's diverse entrepreneurs. Aiyah and Steve's panel focused on Impact Investing, including (re)defining what "impact" is and how the field is constantly evolving and expanding. Panelists and audience members alike discussed what approaches are working and how organizations like MCCI can continue to grow in revenue, capacity, and flexibility while staying true to our mission of deploying capital to historically disinvested communities. Thanks to Venture Cafe for the opportunity to speak — we really enjoyed engaging with so many of Rhode Island's small business owners!

Our Executive Director Glynn Lloyd and our friend Betty Francisco at Boston Impact Initiative recently spoke to the Boston Business Journal about the challenges that CDFIs face when it comes to accessing capital — especially unrestricted capital. Read about how we're getting creative with programs like the Business Equity Investment Fund, all while advocating for change, in the BBJ and the The Bay State Banner newspaper. For more: https://lnkd.in/eHU8naPJ

Our Business Development Lending Officer Aiyah Josiah-Faeduwor and development team member Steven Craddock were back at it at the Rhode Island Hispanic Chamber of Commerce's Latino Financial Summit, connecting with ecosystem collaborators and providing info on how we're supporting Rhode Island's Hispanic small businesses. We met many business owners who are great candidates for our capital products, reinforcing that our work with collaborators here is filling a gap for financing in the state. Thanks to the Chamber for hosting, to State Treasurer James Diossa for an engaging conversation, and to all the entrepreneurs who came and shared more about their growth — we're proud to support you and invest in the state's small business community!

Calling all contractors! We're a participating lender in the MassHousing and Massachusetts Community Climate Bank Energy Saver Home Loan Program, which provides low-interest loans of up to $100,000 to income-eligible homeowners to make upgrades that improve energy efficiency. To create a network of contractors who can complete these upgrades, Abode Energy Management, an energy advising partner in the program, is holding an informational webinar for contractors on Aug. 14 at 8:30 a.m. You can find out more here: https://lnkd.in/eWX9ApXt And register here: https://lnkd.in/e4Z6HV-G Be sure to tune in, learn about a pipeline of projects and help achieve climate resiliency for all!

Our Executive Director Glynn Lloyd recently spoke to GBH’s Christopher Burrell about Jaylen Brown’s new nonprofit, Boston XChange . Jaylen's goal to generate $5 billion in generational wealth for communities of color, and we're excited to support that mission and close the racial wealth gap in Boston and beyond. Thanks to Jaylen for his commitment and vision — be sure to check out the story here: https://lnkd.in/eKsEFKaQ