We am a bit slow on getting this out. We published our first Annual Impact Report for Colorado Housing Accelerator Initiative (CHAI) back in April. We thrilled to have been able to expand our work so much in 2023 and work with so many good people and partners. Hope you can take a few moments to check it out. https://lnkd.in/gDysQbh4
Weave Social Finance
Capital Markets
Denver, Colorado 171 followers
Structured but flexible finance for community development and social enterprise.
About us
Weave Social Finance provides consulting and fund management services for social enterprises and businesses based in low income communities. Weave specializes in facilitating funding through the New Markets Tax Credit program for businesses that will create quality jobs and/or provide needed products and services in low income communities. Weave’s primary focus for the NMTC program is on helping to raise capital for “triple-bottom-line” businesses in rural communities in under-served states. In 2019, Weave facilitated a $12 million Federal NMTC and $9.9 million Kentucky State NMTC transaction supporting the first full scale manufacturing plant for Danimer Scientific in Winchester, KY. The company’s bioplastics replace petroleum based plastics for use in the creation of biodegradable straws and food packaging. In late 2019, Weave facilitated a $8.5 million Federal NMTC transaction supporting the improvements to the main campus and expansion of Laradon Hall Society’s program space for developmentally disabled students and adults. In early 2018, Weave facilitated a $14 million NMTC transaction supporting the construction of the first manufacturing for Pursell Agritech in rural Sylacauga, Alabama. The company has developed innovative environmentally friendly controlled release fertilizer technologies and micronutrient delivery systems. In early 2015, Weave facilitated a $12 million New Markets Tax Credit transaction to support the construction of the Goodwill Opportunity Center in Charlotte, NC. The Center will provide a medical clinic, credit union, job training, and other social services under one roof for Goodwill’s clients. The facility will also house Goodwill’s administrative offices, a large warehouse, and an outlet store. www.goodwillsp.org In 2017, Weave helped facilitate Rocky Mount Downtown Community Facility in Rocky Mount, NC in partnership with the municipality. It is a mixed-use community facility including a health clinic.
- Website
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http://weavefinance.com/
External link for Weave Social Finance
- Industry
- Capital Markets
- Company size
- 2-10 employees
- Headquarters
- Denver, Colorado
- Type
- Privately Held
- Founded
- 2012
- Specialties
- New Markets Tax Credits, Impact Investing, Program Related Investments, Mission Related Investments, and Mission Driven Financing
Locations
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Primary
1536 Wynkoop St
529
Denver, Colorado 80202, US
Employees at Weave Social Finance
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Ed Briscoe
Innovative funding for middle income housing and mission driven companies where public, private, and philanthropic capital comes together to create…
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Alece Montez
Deep engagement experience, team builder, catalyzing change agent
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Abby Murray
Managing Director @ Weave Social Finance | Co-Founder @ Colorado Housing Accelerator Initiative (CHAI)
Updates
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To celebrate the new year and have an excuse to see folks after the holidays, we are hosting our 2nd Annual Stock Show Parade Party. Click the link to let us know you are coming. We hope to see you on Thursday morning. https://lnkd.in/guDuTPge
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