We were proud to feature our Business Development Lending Officer Elsabel Rincon in our Latinx Heritage Month highlight earlier this week, and thanks to the Salem Public Schools for doing the same! The story talks about how Elsabel, who came to the U.S. from the Dominican Republic in 1994 and graduated from Salem High School in 2002, has been an longtime advocate for immigrants and works tirelessly to make a difference for underserved communities. All while pursuing her PhD at UMass Lowell! She impresses us every day, and we're sure you'll feel the same after reading this story. https://lnkd.in/em9dy4c8
Mill Cities Community Investments
Financial Services
Lawrence, Massachusetts 901 followers
Investing in our Communities
About us
Mill Cities Community Investments is a Community Development Financial Institution (CDFI). CDFIs are private-sector, financial organizations with community development as their main goal. CDFIs are different than conventional financial institutions because they have a in-depth knowledge of the communities they serve. And they work closely with their customers and the community leaders. MCCI often team up with traditional banks to develop innovative ways to deliver loans, investments, and financial services. This includes jointly funding community projects.
- Website
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http://mccinvest.org/
External link for Mill Cities Community Investments
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Lawrence, Massachusetts
- Type
- Nonprofit
- Founded
- 2008
- Specialties
- Climate & Environmental Justice, Residential Home Improvement Lending, Small Business Loans, Small Business Equity Investing, and Small Business Strategic Advisory
Locations
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Primary
50 Island Street
Lawrence, Massachusetts 01840, US
Employees at Mill Cities Community Investments
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Elsabel Rincon
Community & Business Development, Immigrant Integration, Instructor & Researcher elevating BIPOC communities
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Daniel Plowden
Strategy & Execution for Small & Mid-size Organizations
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Glynn Lloyd
Executive Director at Mill Cities Community Investments
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Kenneth Berard
Portfolio Manager - Mill Cities Community Investments
Updates
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What's your favorite thing about being Latino/a/x?: As a Dominican living in the US, being Latina is a unifying identity and source of power, honoring centuries of resilience and survival of our diverse Latino community. I love connecting with a large, diverse community of Latinos and making my life that much richer. What does working at MCCI FBE mean to you?: Working at MCCI FBE gives me the privilege of uplifting our communities through an economic lens that addresses the root cause of many of the intersecting issues impacting underserved communities. In addition to propelling our mission of closing the racial wealth gap, we are improving communities' overall health and quality of life. Elsabel Rincon #latinxheritagemonth #dominicanrepublic #smallbusiness #community
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A very happy 30th birthday to the CDFI Fund! We're grateful to the leaders who had the vision and commitment back in 1994 to increase investment in underserved communities, and we're proud to help carry on their legacy. #CDFIs #CDFI #financejustice #economicjustice
In 1994, President Clinton’s commitment to increasing investment in underserved communities became a reality with the creation of the Community Development Financial Institutions Fund (CDFI Fund). Inspired by his work with ShoreBank and global leaders like Muhammad Yunus, Clinton’s vision continues to drive financial equity across the U.S. through the CDFI industry. #40DaysToOFN40 #CDFIHistory #ClintonGlobalInitiative Clinton Global Initiative
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We're continuing our Latinx Heritage Month features with one of our own team members: Residential Services Director Lissette Paukert Lissette is passionate about helping homeowners access capital and programs to improve the health, quality and sustainability of their homes — and about being Latina! Here's what she said about her heritage and how she works to advance MCCI's mission to close the racial wealth gap. What's your favorite thing about being Latina? I love our diverse, rich culture filled with history, delicious food, rhythmic music and beautiful landscapes. What does working at MCCI FBE mean to you? Working at MCCI means embracing and celebrating the diversity in our workplace and in the communities we serve. It means standing up for equal opportunities for all. #latinxheritagemonth #residential #loan #community
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Our Small Business Loan Officer Elsabel Rincon recently attended the North Shore Community Development Coalition's Small Business Night Market in Salem, a lively event where attendees could shop with local vendors, listen to live Latin jazz and enjoy delicious food. event. What a great way to celebrate Latinx Heritage Month and promote North Shore Businesses! Also enjoyed connecting with Shantel Alix Fernandez and Yinette Guzman — thanks to you and the North Shore CDC for putting on an engaging event. #salem #massachusetts #community #local #business #latinxheritagemonth
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Thrilled that Anthony Rust, our Director of the Business Equity Invstment Fund will be joining our investor friends for this exciting pitch competition. Looking forward to it!
🚨 RI Startup Week is right around the corner, and we are beyond stoked for the Flip The Script Investor Pitch Competition! 🚀 This time it's the INVESTORS in the hot seat! 🔥 Watch as Mill Cities Community Investments (Debt), Slater Technology Fund (Equity) and Boston Impact Initiative (Hybrid) all pitch to Docs for Health, an Impact Accelerator alum that helps health systems screen for social challenges, offer solutions, and track progress with their simple online dashboard. And here’s the best part – YOU get to play a role! After the pitches, the audience will vote on which investor is the best fit for Doc for Health. 💼👥 Don't miss your chance to see the investment process in action and learn what makes these investment options most compelling. Join us on September 25th, 4 PM-6 PM at the SEG Hub! Hit the link https://buff.ly/3ASjUrM to secure your spot now!
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Our first feature to celebrate Latinx Heritage Month: Gomez & Martinez Immigration Attorneys, who represent immigrants and non-immigrants in immigration matters. As managing partners, Tania Martinez and Zoila Gomez (founder) help clients in their journeys to obtain or change legal status, obtain naturalization or citizenship, navigate immigration court and keep their legal status when they are in jeopardy of losing it. We have been proud to support Tania and Zoila through our Business Equity Initiative program and to watch them make a positive impact in their community of Lawrence! #latinxheritagemonth #smallbusiness #lawrence #community
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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
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Congratulations Opportunity Finance Network on this transformative effort! Proud to be working with our OFN friends to advance environmental justice.
Exciting news! OFN was officially awarded a grant for $2.29 billion under the US Environmental Protection Agency (EPA)'s Clean Communities Investment Accelerator program, part of the $27 billion Greenhouse Gas Reduction Fund. This is the moment that OFN and CDFIs are made for. The responsibility of this initiative has been placed on the shoulders of community lenders, and we look forward to working alongside our network, the EPA, and all awardees to ensure this program is successful. The GGRF will reduce emissions, build a clean economy, lower energy costs for American households and businesses, create good-paying jobs, and advance environmental justice. This program is essential in ensuring no community is left behind through the clean energy transition. https://bit.ly/46Q4NLB
Opportunity Finance Network Finalizes $2.29 Billion Award to Finance a Clean and Just Energy Transition
https://www.ofn.org
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Mill Cities Community Investments reposted this
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!