The N.C. Community Development Initiative was created in 1994 to serve as a knowledgeable intermediary to strategically invest funds from many sources in the work of community development organizations across the state.
Nearly two decades later, the Initiative leads a collaborative effort of many partners – public, private, academic, nonprofit – working strategically to create economic growth in the state’s poorest and most distressed communities. By strengthening and revitalizing these communities, we strengthen the state’s economy overall.
The Initiative and its lending subsidiary, Initiative Capital, catalyze community development through three key strategies:
- Financial Investments – making strategic investments that support the work of high-impact community organizations across North Carolina.
- Innovation – Identifying new and sustainable strategies for promoting economic growth in the state’s poorest communities and strengthening the organizations that serve them.
- Leadership Development – connecting community economic development leaders with the resources, networks and training they need to serve their communities, and training the next generation of sector leaders.
Through strategic investments made in high-impact local organizations with support from many partners, N.C.’s collaborative community development efforts have created affordable, green homes, vibrant commercial areas and safe spaces for children. We have counseled entrepreneurs and business people and taught families how to prepare to become successful homeowners.
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