Rochdale Capital

HOT OFF THE PRESSES: A Turnkey Model for Leveraging Direct Pay to Advance Solar and  Renewable Energy Finance In recent years, transformational federal legislation, including the Inflation Reduction Act, has unlocked a new era of clean energy. As we explore in this guide, through provisions like Direct Pay, this legislation can help democratize clean energy projects like community and residential solar by making it financially viable for low-to-moderate income households and communities. But to fully capitalize on the opportunities, we need community lenders who are willing and able to help finance clean energy projects. Financing from Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), and other mission-driven lenders are especially vital for marginalized communities that are otherwise underserved by the banking sector. As the leaders of Rochdale Capital, a minority-led community development loan fund, and National Bankers Association, the only trade organization exclusively for minority banks, we are motivated to help mission-driven lenders participate in climate finance. We partnered together and in collaboration with WeSolar Inc.—the first Black woman founded solar developer firm—to provide this substantive blueprint for action for financing community-centered solar projects. Our goal for this blueprint is twofold. First, we want to highlight how nonprofits, state/local/tribal governments, publicly owned utilities, and rural electric cooperatives can take advantage of Direct Pay. Second, we want to equip mission driven lenders with how to provide additional capital to make these projects fully viable. We are grateful for the generosity of The Kresge Foundation who funded this project as part of its ongoing tangible commitment to advancing climate equity. The Kresge Foundation just celebrated its 100th anniversary, and we look forward to the next century of its philanthropic leadership. This moment in time calls for bold action. Time is of the essence to safeguard our planet and protect our most vulnerable communities. And the clean energy revolution holds real potential to generate durable wealth, improve health outcomes, and create new jobs and opportunities for small businesses, including minority firms. It is our hope that this resource on Direct Pay will serve as a meaningful starting foundation for tapping into the opportunities ahead of us. Sincerely, John Holdsclaw IV (jhiv)  President and CEO Rochdale Capital Nicole A. Elam, Esq.  President and CEO National Bankers Association Please read the full report:  https://lnkd.in/eupwSBfU

Today, we join the International Cooperative Alliance and cooperators all around the world to celebrate the International Day of Cooperatives. This year’s theme is "Cooperatives Build a Better Future for All,” and marks the 30th International Day of Cooperatives recognized by the United Nations and the 102nd International Cooperative Day. Rochdale Capital will continue to support and promote cooperatives and community ownership to combat the social and economic injustices in under resourced and communities of color nationwide. Join us in the fight and in celebrating #CoopsDay cc National Cooperative Bank National Cooperative Business Association CLUSA International (NCBA CLUSA) Cooperative Development Foundation

Honored to be a grantee partner of the Revolve Fund - First philanthropic entity to give us a grant and are forever grateful. Every dollar counts toward supporting our mission and belief that ownership is the foundation to vibrant communities.

Today, our Chief Loan Officer Klade Hare Nersasian joined other partners in good at Momentus Capital at a roundtable hosted by Senator Mark Warner and U.S. Department of the Treasury Deputy Secretary Wally Adeyemo. We were honored for the inclusion to discuss how to increase capital to under resourced communities and small businesses in Virginia. Excited to see Ellis Carr Capital Impact Partners Opportunity Finance Network Virginia CDFI Coalition representives there as well.

Did you know that Rochdale Capital finances Small Businesses! We're excited to share how Rochdale Capital is empowering small businesses across the nation with our flexible and affordable lending solutions. Whether you're just starting out, looking to expand, or need some extra working capital, we've got you covered. Our team is passionate about supporting small businesses, especially those that have been traditionally underserved by mainstream lenders. That's why we offer a variety of loans tailored to your specific needs, including working capital loans, term loans, lines of credit, and even loan participations for larger projects. We understand that every business is unique, so we work closely with you to create a financing plan that fits your goals and budget. But it's not just about the money – we're here to support your entire journey. We offer business counseling, financial literacy training, and credit management education to help you make informed decisions and build a strong foundation for success. At Rochdale Capital, we believe in fostering cooperative and community ownership that leads to economic empowerment. Let us help you take your business to the next level! Contact us today. #smallbusiness #financing #gocoop #communityownership

“Nothing can stop the power of a committed and determined people to make a difference in our society.” — John Lewis, “Across That Bridge: Life Lessons and a Vision for Change” Happy Juneteenth!

"Our success hinges on three pillars: financial capital, relationship capital and thought leadership - all evenly important to providing needed resources that create vibrant communities." John Holdsclaw IV (jhiv) #Preach

Join other partners in good including our John Holdsclaw IV (jhiv) tomorrow afternoon at Calvert Impact - Never too late to RSVP! Celebrating #SocialJusticeInvesting Leaders.

Today is the last day to provide your co-op a financial boost. You have until today, May 29, 2024, at 11:59 p.m. EST to apply for the D.C. Impact Grant! Apply now! Do not miss this deadline. #GoDMVCoops! GWCEO powered by Rochdale Capital cc National Cooperative Bank https://lnkd.in/e356iS37

Could your co-op use a financial boost? You have until tomorrow, May 29, 2024, at 11:59 p.m. EST to apply for the D.C. Impact Grant! Apply now and help shape the future of cooperatives in the D.C. area! https://lnkd.in/e356iS37