National Community Capital Coalition
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NC3 has been researching, supporting, and advocating for the development of community investment funds (CIFs) for years. [1]
So we are very excited to share that all this work has led us to what we are calling the "diversified community Investment fund" (or DCIF). A diversified community investment fund is a type of community-scale fund that invests primarily in real estate but also invests in local businesses, and can do so with investment capital raised publicly from within the fund’s own community, including non-accredited investors. A DCIF can distribute profits to its community investors, thereby creating a wealth-building opportunity for everyone, while contributing to a more vigorous local economy.