MCCD is an association of nonprofit community development organizations committed to expanding the wealth and resources of neighborhoods through housing and economic development initiatives. For close to thirty years, MCCD members have worked together to increase opportunities for the development of quality, community-based projects through collaborative action on public policy issues, loan fund development, public education efforts, and long-term strategic planning. Through these efforts, the organization has demonstrated the effectiveness and efficiencies gained by a shared vision of cooperation.
MCCD’s strength originates from its diverse membership, which includes organizations specializing in the development of high quality affordable housing, small business development, and workforce development. While the members may work with separate facets of community development, all members seek to direct economic and social resources towards underserved communities. MCCD’s staff help facilitate cooperation and communication among all of its members and advocate on behalf of their work.
MCCD performs three core activities:
As a Community Development Financial Institution (CDFI), MCCD provides capital to people who face challenges in accessing the commercial banking system, with a focus on Black, Indigenous and People of Color (POC), women, and low-wealth entrepreneurs. In addition to financial resources, borrowers receive 1:1 technical assistance. Between 2013-May 2020, MCCD has provided 509 small business loans, deploying $16.5 million in funds and leveraging $118 million additional capital.