SOURCE: GreenMoney JournalDESCRIPTION:
by Ebony Perkins, Investor & Community Relations Manager, Self-Help Credit Union
At Self-Help we have long believed that it is crucial to invest in communities on the front lines of harm from climate change, and we are committed to this fight. Our mission is to create and protect economic opportunity for all. While our work benefits communities of all kinds, our focus is on those who may be underserved, including people of color, women, rural residents and low-income families and communities. We have made loans totaling over $386 million to projects with environmental benefits: recycling businesses, land conservation, efficient affordable housing, and solar energy.
Over time, as we worked to help families build wealth, we recognize that they are being increasingly affected by more-frequent, more-intense hurricanes, wildfires, and irregular weather that were much less common decades ago. We see that we need to create new tools to help our members adapt to and bounce back from the shocks and stresses of changing climate. In that work, we look to our innovative borrowers to take on environmental stewardship in ways that work for their communities. Read this article for examples of the direct investments that Self-Help has made to entrepreneurs, homeowners and community organizations who are affected by environmental issues.
Read Ebony's full post that includes "How Self-Help CU Supports Vulnerable Communities" and "How You Can Support Vulnerable Communities with your Investments" - all here - https://greenmoney.com/plan-for-tomorrow-by-supporting-vulnerable-communities-today
Cliff Feigenbaum, publisher
GreenMoney Journal / GreenMoney.com
+1 (505) 577-1563
KEYWORDS: underserved communities, people of color, Self-Help Credit Union, CDFIs, Divestment, environmental, impact, damage, impact investing, social enterprises, jobs, climate change, infrastructure, water contamination, health care, economic opportunity, opportunity zones, women, Environmental Stewardship, entrepreneurs, community organizations, Restorative Farming, Community Foods Market, Community Development Credit Unions, social justice, pollution, foundations, philanthropy, energy efficiency, mission-aligned, Credit Unions