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13A - REAPPOINT WORKFORCE INVESTMENT BOARD MEMBERS
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02/21/2012
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13A - REAPPOINT WORKFORCE INVESTMENT BOARD MEMBERS
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Last modified
2/16/2012 9:51:21 AM
Creation date
2/16/2012 9:49:41 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
13A
Date
2/21/2012
Destruction Year
2017
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<br /> SoCal Reinvestment CDFI Page 1 of 1 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Home About Us Apply for a Loan FAQ Nevis Resources Contact Us <br /> History <br /> <br /> Board of. Directors History <br /> N Loan Committee Southern California Reinvestment CDFI (SCR) was established In January <br /> » Member Banks 2005 as a result of the merger between Inland Empire Lenders' Community <br /> Development Corporation, a Certified Development Financial Institution <br /> (CDFI) established In 1995 and Bankers' Small Business Community <br /> _ Development Corporation of Orange County, a Community Development <br /> Financial Institution (CDFI) established in 1995. Southern California <br /> Reinvestment CDFI is certified by the U.S. Department of Treasury as a <br /> Community Development Financial Institution (CDFI) and by the State of <br /> California, Department of Insurance California Organized Investment <br /> Network (COIN), as a California CDFI. <br /> <br /> F-.r <br /> Southern California Reinvestment CDFI Is a for profit corporation regulated <br /> =`r by the California Department of Corporations under lender license number <br /> 603 5113. Loan funds are established through the Investment Into loan pools <br /> by shareholders. The company is administered by CDC Small Business <br /> Finance through an Administrative Agreement and Memorandum of <br /> Understanding. <br /> The corporation was created to promote, develop and improve the economic <br /> conditions of people In Southern California with a focus on Orange, <br /> Riverside, and San Bernardino Counties. Through small business loans, and <br /> technical assistance SCR seeks to Improve the condition of small businesses, <br /> particularly those owned by minorities, women and persons In low to <br /> moderate Income census tracts. SCR strives to graduate borrowers to SBA or <br /> conventional bank financing in a three year period. <br /> 2006 SoCal Reivestment CDFI. Photos by Travis Kiger, lonnei Medina, and Raymond Shobe <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> http://www.socaledfi.coinlabout 13A-32 10/22/2007 <br />
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