Amount Raised
$88 Million
Description
The Change Company CDFI LLC (“The Change Company”), America’s Community Development Financial Institution (CDFI), announced today that the Company and its affiliates have raised $88 million of cumulative, perpetual preferred equity membership interests (the “Preferred Equity”) through two private placement offerings (the “Offerings”). The Change Company and its affiliates have successfully raised over $400 million over the past eighteen months to expand access to capital to low-income borrowers and communities.
FundzWatch™ Score
87
Medium Activity
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