Building Capacity

Community Co-Production

Collaborate with local organizations to increase

Capital

Capacity

Competency

Jointly pursue diversified funding

Use a Memorandum of Understanding

Identify workforce in community

Plan on how to train and include workforce

Identify certified individuals

Direct employ & seek sub-contract and/or reimbursement

Pathway to Sustainable Community Development Framework
+ Benefits of Each Designation

501c3 Non
Profit Designation

+ Tax Exempt
+ Grant Access

Community Development
Corporation Designation

+ Government funding preferred entity
+ CDFI funding preferred entity

Community Development Financing
Institution Designation

+ Government training
dollars
+ Formula grants
+ Continuation grants

Community Fund
Designation

+ Role as Grantmaker

+ Bank funding through Community
Reinvestment Act

Community Land
Trust Designation

+ Role as Landowner

+ Roles as Community benefit
decision maker