(August 10, 2010) The nation’s largest and most prestigious awards program for community development financial institutions (CDFIs) announced today that Partners for the Common Good (PCG) is a finalist for an award of $2.75 million in the highly competitive 2010 Wachovia Wells Fargo NEXT Awards for Opportunity Finance. Awardees will be announced prior to an awards celebration at Opportunity Finance Network’s (OFN’s) 26th Annual Conference in San Francisco, CA.
PCG can provide access to capital for borrowers working both domestically and internationally.
For borrowers working domestically, we principally operate as a wholesale participation lender. We provide our borrowers with capital by linking them to a national network of mission focused lenders and socially motivated investors. We are a leader in structuring innovative financing partnerships that serve a diverse group of high-social impact organizations.
Partners for the Common Good is a nonprofit financial institution with a mission of serving low-income people and communities. We have been nationally recognized as a leader and innovator in our field. Our team consists of bright, dedicated, and talented people who are passionate about economic justice.