Question about Food Market Financing

[Community Development Banking List]

Original message from: CarolCoren@aol.com

I am curious as to who among CDFIs and other private investment groups is
working or is prepared to start working on programs to deploy funds sought
for the CDFI Fund in the US FY2011 budget. We are working on a significant
food desert project in the midwest and cannot locate a CDFI with whom we
and the groups we are working with can collaborate. Your responses are
welcome as the ventures we are helping to develop will likely be formed as L3Cs.

Carol Coren

-- a Cornerstone Principal
West Coast
6930 SW Brier Place
Portland, OR 97219
East Coast
874 Churchville Road
Southampton, PA 18966
Phone: 215-953-1810
E-mail: carolcoren@aol.com
Cell: 215-939-4094
w_ww.cornerstoneconsultan_ (http://www.cornerstoneconsultants.us/) ('http://www.cornerstoneconsultants.us/)') ts.us
w_ww.cornerstoneventures.biz_ (http://www.cornerstoneconsultants.us/) ('http://www.cornerstoneconsultants.us/)')

[Community Development Banking List]

Original message from: clearned1@gmail.com

Carol,

There are two things that come to mind Slow Money movement, google it. The
other is a new market platform to facilitate such financing either directly
via a stock or debt offering or indirectly by a CDFI raising capital on the
platform to then loan to the project. Its called www.missionmarkets.com and
it will be launched within 60 days. Investors will also have the ability to
sell their stock or debt.
The USDA also has an excellent guarantee program now for this type of
project.

Don't hesitate to write them, this is what they are building the platform
for.

Best Regards,
Chuck Learned
Tri Local Returns
Program Developer
608 712-2679


On Tue, Feb 23, 2010 at 12:31 AM, <CarolCoren@aol.com> wrote:

I am curious as to who among CDFIs and other private investment groups
is working or is prepared to start working on programs to deploy funds
sought for the CDFI Fund in the US FY2011 budget. We are working on a
significant food desert project in the midwest and cannot locate a CDFI with
whom we and the groups we are working with can collaborate. Your responses
are welcome as the ventures we are helping to develop will likely be formed
as L3Cs.

*Carol Coren*
-- *a Cornerstone Principal**
West Coast*
6930 SW Brier Place
Portland, OR 97219*
East Coast*
874 Churchville Road
Southampton, PA 18966*
Phone:* 215-953-1810*
E-mail:* carolcoren@aol.com *
Cell: * 215-939-4094
www.cornerstoneconsultan <http://www.cornerstoneconsultants.us/>*ts.us* ('http://www.cornerstoneconsultants.us/>*ts.us*')
www.cornerstoneventures.biz <http://www.cornerstoneconsultants.us/> ('http://www.cornerstoneconsultants.us/>')

CDB list instructions http://www.runonthebank.net/cdblist.htm ('http://www.runonthebank.net/cdblist.htm')

[Community Development Banking List]

Original message from: e.olson@dakotaww.com

We have been doing market analysis and feasibility studies for organizations and communities in the food desert. A good market analysis goes a long ways in helping the dialog with the bankers.

Ellott Olson

www.dakotaww.com

________________________________________
From: bounce-5342068-8116573@list.cornell.edu [bounce-5342068-8116573@list.cornell.edu] On Behalf Of CarolCoren@aol.com [CarolCoren@aol.com]
Sent: Tuesday, February 23, 2010 12:31 AM
To: communitydevelopmentbanking-l@list.cornell.edu
Subject: Question about Food Market Financing

I am curious as to who among CDFIs and other private investment groups is working or is prepared to start working on programs to deploy funds sought for the CDFI Fund in the US FY2011 budget. We are working on a significant food desert project in the midwest and cannot locate a CDFI with whom we and the groups we are working with can collaborate. Your responses are welcome as the ventures we are helping to develop will likely be formed as L3Cs.

Carol Coren
-- a Cornerstone Principal
West Coast
6930 SW Brier Place
Portland, OR 97219
East Coast
874 Churchville Road
Southampton, PA 18966
Phone: 215-953-1810
E-mail: carolcoren@aol.com
Cell: 215-939-4094
www.cornerstoneconsultan<http://www.cornerstoneconsultants.us/>ts.us ('http://www.cornerstoneconsultants.us/>ts.us')
www.cornerstoneventures.biz<http://www.cornerstoneconsultants.us/> ('http://www.cornerstoneconsultants.us/>')

CDB list instructions http://www.runonthebank.net/cdblist.htm ('http://www.runonthebank.net/cdblist.htm')

[Community Development Banking List]

Original message from: carlice-deloofr@michigan.gov

Gleaners of Southeastern Michigan has a Fresh Food Share program.
Providing better access to fresh produce for Detroit’s near eastside
residents.
http://www.gcfb.org/site/PageServer?pagename=homepage ('http://www.gcfb.org/site/PageServer?pagename=homepage')

The information in this e-mail is confidential and may be legally
privileged. It is intended solely for the addressee(s). Access to this
e-mail by anyone else is unauthorized. If you are not the intended
recipient, any disclosure, copying, or distribution is prohibited and
may be unlawful.

A bad attitude is like a flat tire - you can not get anywhere with it.
You decide what needs to change.

Rebecca Carlice-DeLoof, Manager
Office of Quality Management and Reengineering & Fiscal
Department of Human Services - Wayne County
3040 W. Grand BLVD, Suite 5-350
Detroit, MI 48202
313-456-1242

E-Mail: carlice-deloofr@michigan.gov


>> Elliott Olson <e.olson@dakotaww.com> 02/23/2010 11:30 AM >>>
We have been doing market analysis and feasibility studies for
organizations and communities in the food desert. A good market analysis
goes a long ways in helping the dialog with the bankers.

Ellott Olson

www.dakotaww.com

________________________________________
From: bounce-5342068-8116573@list.cornell.edu
[bounce-5342068-8116573@list.cornell.edu] On Behalf Of
CarolCoren@aol.com [CarolCoren@aol.com]
Sent: Tuesday, February 23, 2010 12:31 AM
To: communitydevelopmentbanking-l@list.cornell.edu
Subject: Question about Food Market Financing

I am curious as to who among CDFIs and other private investment groups
is working or is prepared to start working on programs to deploy funds
sought for the CDFI Fund in the US FY2011 budget. We are working on a
significant food desert project in the midwest and cannot locate a CDFI
with whom we and the groups we are working with can collaborate. Your
responses are welcome as the ventures we are helping to develop will
likely be formed as L3Cs.

Carol Coren
-- a Cornerstone Principal
West Coast
6930 SW Brier Place
Portland, OR 97219
East Coast
874 Churchville Road
Southampton, PA 18966
Phone: 215-953-1810
E-mail: carolcoren@aol.com
Cell: 215-939-4094
www.cornerstoneconsultan<http://www.cornerstoneconsultants.us/>ts.us ('http://www.cornerstoneconsultants.us/>ts.us')
www.cornerstoneventures.biz<http://www.cornerstoneconsultants.us/> ('http://www.cornerstoneconsultants.us/>')

CDB list instructions http://www.runonthebank.net/cdblist.htm ('http://www.runonthebank.net/cdblist.htm')