“Prior to rehabilitation, the building was boarded up, with graffiti covered windows and an uncontrolled parking lot plagued by drug dealing and prostitution. The restoration not only reclaimed the building’s physical beauty, but also played a central role in inspiring further investment at this intersection and in ultimately transforming it from a corner characterized by crime and vacant store fronts to a central hub of Latino commerce in South Minneapolis. PCG helped make it happen.
Our history is rooted in the corporate responsibility movement of the 1970s. Using their corporate investments, religious institutions pressured companies to provide better working conditions or disinvest in Apartheid South Africa. These institutions also aimed to use a portion of their retirement and other investments to encourage access to capital for credit-starved low-income communities in the United States and to proactively support community organizations whose values resonated with their own.