Shared Capital (formerly the North Country Cooperative Development Fund)

Based in Minneapolis, Shared Capital is a national CDFI loan fund that works to connect co-ops and capital to build economic democracy.  A cooperative association of more than 175 cooperatives in around 30 states, Shared Capital accepts donations and investments from its members and social investors, and then uses the funds to finance the creation and expansion of cooperatively-owned businesses and housing across the country.  Committed to advancing racial equity and social and economic justice, the CDFI specifically aims to fund cooperatives organized by disadvantaged communities that build economic opportunity, create living wage jobs, provide access to healthy food, and offer dignified, affordable housing.  Since its establishment in 1978, it has provided more than $40 million in total financing to more than 800 cooperative projects.

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