Investing in a community is an integral part to the community's sustainability and health. These investments can be given in many forms, including money and time.
Community participation refers to the ability and opportunities for community members to participate directly in the decision-making activities that steer the development of the community. Participating in community decisions gives ownership to community members and empowers people to develop their own community.
Everybody likes a good return on their investments. But what is “good”? And what does that mean particularly in the context of aligning your finances with your faith and values? Looking beyond the basics of financial returns, can our investments earn something more?
Is it a “good” return on your investment to effectively help open doors of opportunity for those living in the margins? Can we help create a better world by offering hope for healthy and sustainable lives where these options do not currently exist?
We all hold the key to expanding opportunities in distressed communities – it’s our compassion and our belief that we can create a better world for everyone if we work together.
For many, our world is a wonderland of possibilities, an economic laboratory of achievement. However, the world’s economic structures are not so sound for everyone. As people of faith, we can help unlock the doors of productivity, responsibility, and hope for those in need through our investments.
Around the globe, community development investments are inviting more and more people to see economic opportunity from the inside, rather than from the outside looking in.
Your investments can fund:
- Neighborhood revitalization
- Low-income housing
- Microenterprise development
- Church construction
- Environmental businesses
Community development investing is effective because it is empowering those who want to make a difference in their lives and in their communities. Loans are not provided directly to individuals, but rather to stable, well-run, community development institutions that provide much-needed access to capital for disadvantaged communities in the United States and around the world.
Your investment dollars are channeled to those who need it through community banks, credit unions, and other community-based organizations. These organizations then make direct investments themselves in people in their communities seeking a better life. As an investor, you can create positive social impact – and earn a modest return on your investment.
These community development investments are offered at Everence, a local financial group. Everence seeks to empower and make a difference whereever they can, and these investments allow their organization and their clients to make a profound change in the lives of communities, churches, families, busniesses, and more.