Capital Strategies Symposium

Capital Strategies Symposium
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November 14, 2023

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Capital Strategies Symposium

MCCD along side Mni Sota Fund and Shared Capital Cooperative in collaboration with the MN Small Business Administration District Office held a Capital Strategies Symposium today. The morning was full of insightful conversation on building a more inclusive finance system.


We were joined by leaders in lending, community and economic development, philanthropy, and government discussing shared ownership enterprises and advancing racial equity and wealth building in BIPOC communities.

Special thanks to our speakers and panelists!

Speakers:
Geri Sanchez Aglipay, Regional Administrator, SBA
Neela Mollgaard, Executive Director, DEED Office of Small Business Innovation
Mayor Melvin Carter, City of Saint Paul

Panelists:
Jamar Smith, Executive Director, NICE MN
Kit Fordham, Executive Director, Mni Sota
E. Coco, Deputy Director, Rondo Community Land Trust
Christina Jennings, Executive Director, Shared Capital Cooperative

Minnesota Department of Employment and Economic Development, U.S. Small Business Administration, City of Saint Paul – Government, Sunrise Banks, Rondo Community Land Trust

Meet Jake Soper | 2023 ELCD Mentee

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October 17, 2023

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Meet Jake Soper | 2023 ELCD Mentee

Jake joined the City of Lakes Community Land Trust (CLCLT) as Property Development Manager in February 2021. In this role, he manages the development and rehab of CLCLT-owned properties and serves as a resource for existing CLCLT homeowners regarding home maintenance. The CLCLT provides affordable homeownership opportunities to low- and middle-income community members.  

Being a relative newcomer to the affordable housing arena, the ELCD mentorship program proved useful in advancing my knowledge and understanding of the field and enabled me to make genuine connections that will continue beyond the program. Through my mentor, I was able to dive behind the scenes at a nationwide nonprofit developer and talk about projects, process, and the philosophy guiding their work.  

Before his role at CLCLT, Jake’s professional journey included presiding over a real estate consultancy with a specialization in telecom infrastructure. With two decades of experience in multi-site development, he expertly managed due diligence, negotiations, zoning, permitting, and architectural aspects.

Jake is not just dedicated to his career but also to giving back to the community. He volunteered his time and efforts in Thailand, working with Northern Hill Tribe children, demonstrating his commitment to making a positive impact on the world.

His educational background is equally impressive, with a Bachelor of Science degree from the University of Wisconsin – Madison, where he also played Badgers ice hockey. He further pursued his academic journey with an MBA from the Carlson School of Management at the University of Minnesota, cementing his expertise in the field. 

The ELCD mentorship program benefited my daily work starting at program kickoff and continued from there. I’m truly grateful for the opportunity! ” – Jake Soper

ELCD Learning & Network Series

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June 19, 2023

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ELCD Learning & Network Series

The 2023 MCCD Emerging Leaders Learning and Networking Series is a comprehensive program designed to empower emerging leaders in community development with essential knowledge and skills across various topics. This series covers key areas critical to fostering sustainable and inclusive communities, providing mentees with the tools they need to make a lasting impact in their respective fields. 

Emerging BIPOC Developers Program:

  • Explore programs supporting underrepresented groups in accessing financing for community development projects. Explore strategies to overcome entry barriers to finance programs and learn about innovative approaches that can be implemented to level the playing field for emerging BIPOC developers.

Leadership & Professional Development:

  • Building strong networks and honing leadership skills are vital for effective community development. This module provides practical strategies to expand professional networks, enhance leadership abilities, and seize opportunities for personal growth and career advancement.

Community Development Policy + Creative Place-keeping:

  • Understanding the role of policy in community development is crucial. This module examines the intersection of community development and policy-keeping, equipping attendees with the knowledge to advocate for policies that promote equitable development. Additionally, the concept of creative place-keeping will be explored, emphasizing the importance of preserving and enhancing the cultural fabric of communities.