Preserving Affordable Housing in Takoma Park, Maryland Partners for the Common Good and Opportunity Finance Network, through our joint Economic Justice Partnership Fund, are proud to partner with the Montgomery Housing Partnership (MHP) on a $2.5 million loan to MHP TPP, LLC. This marks our seventh collaboration with MHP and the first through the EJP Fund! Project Highlight: The loan supported MHP, Inc., a non-profit dedicated to affordable housing in high-cost areas. The funds refinanced three apartment complexes in Takoma Park, MD—Sligo View, Merrimac Gardens, and Crossroads at Flower—preserving 75 affordable rental units. Affordable Housing Impact: - 67 units reserved for tenants earning 30-60% of Area Median Income (AMI). - Remaining units offered below market rate, ensuring housing affordability in a high-cost region. This project exemplifies how collaboration between mission-driven organizations can address critical housing needs and promote economic justice. ?? Stay connected: https://lnkd.in/ebhrqpBM
Partners for the Common Good
金融服务
Washington，DC 2,160 位关注者
A national community development financial institution (CDFI) loan fund.
关于我们
Partners for the Common Good (PCG) is a thought and innovation leader within the Community Development Financial Institution (CDFI) industry. Founded in 2000, PCG’s mission is to promote economic justice for low income people and communities. We do this by partnering with CDFIs and socially motivated investors across the nation to serve borrowers that promote affordable housing, neighborhood revitalization, and healthy communities. PCG's work includes: Loan Participation Network: As a participation lender, PCG helps CDFIs maximize the use of scarce lending capital by promoting collaboration with other CDFIs. PCG has partnered with nearly 40 CDFIs across the United States and originated $60 million in participation transactions. Through its strong network of lending partners, it has reached borrowers in 33 states and the District of Columbia. CapNexus: PCG is also leading the community development finance industry into the digital sector with the launch of its groundbreaking CapNexus platform (www.capnexus.org). CapNexus connects community development practitioners to capital, investment opportunities, information, and resources. Public Policy and Community Development Bankers Association (CDBA): PCG is a leader in the public policy arena. We also serve as the administrator of the Community Development Bankers Association (www.cdbanks.org), the national trade association of the community development bank sector. PCG staff provide advocacy, technical assistance, and information sharing on best practices that enhances the capacity of CDFI banks. Social Impact Assessment: We are also a leader in social impact assessment. PCG develops and shares impact assessment tools and methodologies so CDFIs can better understand the effect of our lending and financial services activities and tell our stories. PCG has received a "AAA" rating from Aeris, signifying clear alignment of mission, strategies, activities, and data that guides its programs and planning.
- 网站
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https://www.pcgloanfund.org
Partners for the Common Good的外部链接
- 所属行业
- 金融服务
- 规模
- 2-10 人
- 总部
- Washington，DC
- 类型
- 非营利机构
- 创立
- 1989
- 领域
- Community development loans、Wholesale & participation loans和Building CDFI capacity
地点
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主要
获取路线
1444 I St. NW
Suite 201
US，DC，Washington，20005
Partners for the Common Good员工
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Laurie Schoeman
Housing | Climate Risk | Investment | Impact
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Ashwin Mahabaleswara, CFA
Emerging Markets Private Debt & Private Equity | Fund Manager at DWM Asset Management
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John Kunza
Newsroom exec turned content specialist | Digital & Media Strategy Executive | Expert in Content Creation, Innovative Marketing, and Audience…
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Andrew Baldwin
Senior Advisor
动态
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Partners for the Common Good stands with the Community Development Financial Institutions Fund (CDFI Fund).
CDBA Statement on the White House Executive Order and the CDFI Fund The Community Development Bankers Association (CDBA) is deeply concerned about the inclusion of the Community Development Financial Institutions (CDFI) Fund in the White House’s March 14, 2025, Executive Order on "Continuing the Reduction of the Federal Bureaucracy." This action directs agencies to eliminate non-statutory components and reduce statutory functions to the minimum required by law, creating uncertainty around the future capacity and staffing of the CDFI Fund. ? CDFI banks play a critical role in ensuring access to capital and financial services for low- and moderate-income communities across the country. The CDFI Fund and its programs are fully authorized by Congress and have enjoyed strong bipartisan support for over 30 years. Through initiatives such as the CDFI Program, Bank Enterprise Award Program, New Markets Tax Credit Program, and Capital Magnet Fund, the Fund has leveraged public dollars to generate billions in private investment for affordable housing, small businesses, and economic revitalization in underserved communities. ? The inclusion of the CDFI Fund in the Executive Order raises unnecessary concerns about its future and could undermine the confidence of investors and financial partners who rely on its programs. At a time when economic inequality persists and small businesses and communities need access to capital more than ever, weakening the CDFI Fund would be a step in the wrong direction. ? We call on the administration and Congress to reaffirm their commitment to the CDFI Fund, ensuring it remains a strong and effective resource for the communities that need it most. CDBA will continue working with policymakers to protect and strengthen the CDFI Fund and its programs.
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Partners for the Common Good teamed up with 22Beacon, formerly known as Charter Schools Development Corporation (CSDC) to help expand opportunities for students and adults with autism in Phoenix, AZ. Through a $1.1 million participation in a $2.2 million loan, we’re supporting the purchase and renovation of a 7,400-square-foot facility for Arizona Autism, a charter school dedicated to serving this community. The space will also be shared with Essential Piece Enterprises (EPE), which provides critical adult services like day treatment, employment support, and transition programs. Planned upgrades—including new HVAC systems, fresh paint, and improved flooring—will create a more welcoming and functional environment for all. This collaboration reflects our commitment to inclusive communities and expanded access to education. Learn more about our work: https://bit.ly/3t5vzQr Additionally, to learn more about what 22Beacon is working on and to stay engaged, check out their website at: https://www.22beacon.org/ #PartnersForTheCommonGood #CommunityDevelopment #Education #InclusiveCommunities
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?? We're hiring for an executive assistant! ?? Join our team as an Executive Assistant supporting our Chief Executive Officer and Chief Financial Officer. This full-time role also involves assisting with a variety of administrative and office operations functions. This is a unique opportunity to work with a national community development finance organization at the intersection of community impact, capacity building, and public policy advocacy. ?? Apply now and help us drive meaningful change! https://lnkd.in/ddRpGkMB
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?? We're Hiring: Manager of Impact & Research! ?? We're looking for a Manager of Impact & Research to lead our efforts in measuring and communicating the impact of our work. This is a unique opportunity to join a national community development finance organization that operates at the intersection of community impact, capacity building, and public policy advocacy. Apply here: https://lnkd.in/d9F3q33w #ImpactJobs #EconomicJustice #RacialEquity #Hiring #WashingtonDC
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Partners Welcomes Laurie Schoeman! Laurie S. is a dynamic leader with deep expertise in housing policy and finance. As the chief investment and impact officer at Partners for the Common Good, Laurie drives strategic growth, leads capitalization efforts, and spearheads initiatives that align public and private capital to create scalable, high-impact solutions for housing stability. Previously, Laurie served in senior advisory roles, where she played a key role in advancing national housing initiatives, increasing housing production, and securing significant funding for development. She also led efforts to enhance investment strategies for risk reduction and long-term resilience. With a strong background in structuring complex deals, fostering investor relations, and integrating risk assessment into financial systems, Laurie has held leadership roles at Enterprise Community Investment and Enterprise Community Partners.
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At Partners for the Common Good, we know that winning takes strategy, teamwork, and a strong playbook—whether on the field or in community development. As we get ready for the Super Bowl, our team is sporting their favorite jerseys, but when it comes to strengthening local economies, we’re all playing for the same team. No matter who takes home the trophy, we’ll keep backing the organizations and investors that help communities grow and thrive. Here’s to smart plays—on and off the field!
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Partners for the Common Good and Opportunity Finance Network(OFN) , through our joint EJP Fund, are collaborating with City First Enterprises on a $2.7 million loan to JAG Real Estate LLC. This financing will support the development of a new 12-unit affordable housing project in the Deanwood neighborhood of Northeast Washington, DC, with City First Enterprises taking on half of the loan. This project funds the creation of a 3-story building with modern two- and three-bedroom apartments, all reserved for Section 8 Housing Voucher holders, ensuring that families earning 50% or less of the area’s median income (AMI) have access to quality, affordable housing. By supporting JAG Real Estate, a family-owned company founded in 2021, we are helping to make a meaningful impact in the Washington DC community by providing much-needed affordable housing. #AffordableHousing #CommunityInvestment #WashingtonDC #JAGRealEstate #EJPFund
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At Partners for the Common Good, we honor Dr. Martin Luther King Jr.'s legacy by fostering economic justice and opportunity in underserved communities. His call to serve others inspires our work to provide access to capital, support community development, and create pathways for equity. Today, let’s reflect on how we can continue to advance his vision of justice and opportunity for all.
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Transforming Healthcare in South Minneapolis! We’re proud to share that Partners for the Common Good has provided a $7.5 million New Markets Tax Credit (NMTC) allocation and a PCG Sub CDE 17 QLICI loan of $7.27 million to support the development of a $34.2 million healthcare project led by One Southside Foundation. This project will benefit Southside Community Health Services, Inc., a healthcare provider offering medical, dental, vision, behavioral health, and community wellness services. Currently serving 31,820 patients annually, including over 11,000 low-income patients, this expansion will enable Southside to serve even more people in need. ?????? ????????????????????? ? A brand new 30,950 sq ft integrated health and wellness center is being built. ? Projected Impact: Healthcare services for 19,533 unique individuals per year, totaling 67,614 annual visits, with 100% of patients being low-income. ? The project is located in a Medically Underserved Area. ? Both the QALICB (One Southside Foundation) and the Sponsor (Southside Community Health Services) are BIPOC-controlled organizations. This initiative exemplifies our commitment to empowering communities and addressing critical healthcare needs. ?? Stay connected with us and learn more about our impactful work: https://bit.ly/3t5vzQr #PartnersForTheCommonGood #CommunityImpact #HealthcareForAll #SocialImpact #CommunityHealth
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