A replicable, risk-protected path to community-owned commercial real estate—starting at just $10/month. Building wealth, one investor at a time. #investcit
Portland, OR
Joined April 2016
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Community Investment Trust retweeted
We need this in NYS and particularly in NYC! A community investment trust for Portland, Ore. residents to ‘buy back the block’ brookings.edu/research/a-com… via @BrookingsInst
Community Investment Trust retweeted
As we continue to share about our neighborhood, our focus today is our friends at Mercy Corps' East Portland Community Investment Trust at Plaza 122 (SE 122nd and Market Street).
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ALT Main image is a photo of four people, all wearing t-shirts that say “Community Investment Trust” on them, smiling at the camera. Two of them have their arms raising in a victorious pose. White text on navy blue banners reads “Neighborhood Highlight: CIT at Plaza 122.”
Community Investment Trust retweeted
Community ownership of commercial property remains rare...but across the US, it's increasingly seen as a vital strategy to support #BIPOCbusiness ownership: bit.ly/3ZHMkLP @InvestCIT @LISC_HQ #CommunityOwnership
Community Investment Trust retweeted
I recently had the chance to visit a new community investment trust forming in Albany, NY. There’s already 14 community-serving small business and social services orgs in this office/retail building, including a church.
Community Investment Trust retweeted
Also mentioned in this #NPC23 panel on small business anti-displacement:
The East Portland @InvestCIT. More below — and stay tuned for reporting from me on upcoming replications of this community-owned commercial real estate model. nextcity.org/urbanist-news/h…
Community Investment Trust retweeted
A7- Mercy Corps launched a first of its kind, community investment trust @InvestCIT to bring wealth generating opportunities to those historically excluded here in the US. This offers a long-term path to ownership of local commercial real-estate at a buy-in as low as $10/month!
Community Investment Trust retweeted
@InvestCIT offers a long-term path to collective, communal ownership of real-estate for investors from $10-$100/month, right here, in our neighborhood. This builds the possibility to strengthen communities and create empowered lives.
ALT Top part of the image is white text on a black background that reads “Mercy Corps' East Portland Community Investment Trust at Plaza 122 is working in our neighborhood to strengthen communities and create empowered lives.” The black background fades down into a photo in the lower third of the image, of a painted mural that depicts six people of varying ages and ethnicities. Painted letters on the mural read “Hello Neighbor.”
Community Investment Trust retweeted
So proud of this project. Took a long time to incubate and but is now a reality all over. 👏👏 to Portland visionary John Haines. npr.org/2023/03/05/116119238…
The East Portland CIT Corp celebrated its 5th anniversary before!
We are honored that our own US Senator @SenJeffMerkley stopped by to congratulate the 300+ community investors on taking action towards wealth building in their community.
We @InvestCIT look forward to more!
Cheers to @MercyCorps Community Investment Trust. It enables low-income community members to make a liquid investment in real estate. 7% annual return beats .1% interest at a bank!! @InvestCIT is taking families “from owing to owning.” It’s a model for the nation to follow!
ALT Senator Merkley poses with a group of people at a MercyCorps event celebrating five years of the Community Investment Trust.
ALT Senator Merkley speaks at a podium at an event honoring five years of the MercyCorps Community Investment Trust.
ALT Senator Merkley signs a card celebrating five years of the MercyCorps Community Investment Trust.
The CIT is taking next steps to be implemented by great orgs in the marginalized communities across the country. Get a taste of why that matters to individuals. @investcit @mercycorps npr.org/2023/03/05/116119238…
Passionate about making financial inclusion impact across the U.S.?
Join our small and mighty @investCIT team as Community of Practice Manager at @mercyrops!
Help shape the way orgs from Brooklyn to Seattle reach those w/out trad. access to RE investment.
investcit.com/News/Detail/20
2023 CIT Investment Open for Registration! - mailchi.mp/828cd31c054b/2023…
Community Investment Trust retweeted
Community ownership is a critical tool for just #commdev. A new @LISCResearch report explores how community ownership of commercial spaces revitalizes distressed corridors, combats speculation, maintains community-serving spaces,+ builds community wealth. lisc.org/our-resources/resou…
Neighborhood trusts “could potentially have a transformative effect on how we think about community development,” @Elwood_Hopkins. The success of a model launched by Mercy Corps in Portland, Oregon, (@investcit) has largely driven the buzz.
smartcitiesdive.com/news/nei…
Community Investment Trust retweeted
With investments from the U.S. Treasury under #ECIP, @Beneficialstate is able to make sophisticated loans to entities that represent collective communal ownership like @InvestCIT. It’s an experiment in wealth-building that also makes good business sense bit.ly/3Kk6OnY
Community Investment Trust retweeted
It may not look like much, but the thing is, around 400 people who live in the four zip codes around this little shopping plaza collectively own it as investors in the East Portland Community Investment Trust, @InvestCIT. – at Portland, OR
Community Investment Trust retweeted
Building wealth is building community. 🧱
Real estate is the biggest factor in the widening racial wealth gap in the U.S. This is why community investors like Jennifer and Yonas are working w/ @InvestCIT to take matters into their own hands. 🤲🏽
mercycorps.org/blog/real-est…
@InvestCIT was highlighted by the @sidewalklabs podcast as the way to open up wealth building opportunities for the underprivileged.
In this episode, we talk to housing expert @marcdnorman as well as the founders of @getesusu and @InvestCIT, who both help renters, particularly immigrants and new arrivals, on their way to ownership — and on the path to multi-generational wealth.
Community Investment Trust retweeted
In Portland, the East Portland @InvestCIT earlier this year paid out its fourth annual dividend to its community owners, and recently added a bit of green infrastructure to its property.
nextcity.org/urbanist-news/e…