Northeast News | Community outreach programs presented by Jerusalem Farm
Equity2 is an impact investing company and sister organization to AltCap and Community Capital Fund. We take two approaches to community development: impact investing and the Community Investment Trust (CIT). Our impact investments focus on mission- or purpose-driven companies that need capital to continue to grow. Equity2 also looks for real estate projects that have a positive impact on the community. One such product is the Community Investment Trust (CIT).
The CIT is a program that creates generational wealth and has already proven itself in East Portland. The CIT model involves the purchase of a mixed-use or commercial building that will ultimately be owned by the community around it. After completing an introductory investing course, community members can buy $10-$100 worth of shares in the building per month. The value of the share will be reassessed at the end of the year, and participating neighbors will earn a dividend (a payment) at that time based on the new value. This program is protected against losses and your investment is available should you ever need to withdraw it.
The earlier someone starts investing, the more they earn at the end of the year and the more shares they have as the value of the property increases. It’s a way to make money with your money while owning a little piece of the neighborhood!
We are currently looking for an available building in the Historic Northeast for this program. This building could be already occupied, or completely open. We will fit out the space and help advertise the businesses located in the CIT building. Interested neighbors can take the courses and choose whether or not they want to invest some of their money in the building. If you are a neighbor, business, homeowner, or just interested in learning more, Equity2 would like to invite you to a community meeting.
Please email Sarah at [email protected] or visit our website https://www.e2investing.com for more information.
Jerusalem Farm hosts a full week of community research sessions. We invite everyone who lives in the North East to attend. The purpose of these sessions is to develop our 2022 North East Livability Survey. This survey will be conducted during the months of April and May and is used as a way to advocate for the needs and wants of North East residents.
The dates and times of these sessions are:
March 19 – 1-2:30 p.m. @ Kansas City Museum, third floor
March 21 – 7-8:30 p.m. @ Jerusalem Farm
March 22 – 7-8:30 p.m. @ PH Coffee
March 23 – 7-8:30 p.m. @ Revolución Educativa
March 24 – 10am-11:30am @ Café Eleos
March 25 – 2-3:30 p.m. @ Jerusalem Farm
March 26 – 3-4:30pm @ Northeast Branch – Kansas City Public Library
Learn more about Jerusalem Farm at www.jerusalemfarm.org or by following their organization on Facebook – @JerusalemFarm. For any questions, call (816) 421-1855.