THE BLACK ECONOMIC DEVELOPMENT FUND

The Black Economic Development (BEDF) is an investment fund that employs an innovative treasury impact strategy. The primary objective is to invest in Black-led financial institutions, community centers, anchor organizations, and support business transactions to strengthen the Black community. The BEDF is industry agnostic and is open to deploying capital across a diverse set of borrowers and geographies in the US. The BEDF also seeks to combine a variety of products and investment durations aiming to provide the best risk-adjusted performance for clients.

BORROWER

ELIGIBILITY REQUIREMENTS

The BEDF fund targets Black-led organizations, businesses, real estate developers, banks & institutions.

INVESTMENT TYPE

Debt up to five years.

*Banks & Institutions, please contact us here.

LOAN SIZING

Minimum loan size of $1 Million

REAL ESTATE

Enabling development and/or preservation of rental housing; for-sale housing; community facilities; commercial & mixed-use projects.

BUSINESSES
& NON-PROFITS

Small and medium enterprises.

GEOGRAPHY

National fund.

COLLATERAL

Collateral and guarantees required.

INDUSTRY

Agnostic (do not harm clause)

PRODUCTS

1   Deposit/CD

2   Pre-Development

3   Acquisition

5   Bridge Receivables

6   Participation

7   Co-Investment

4   New Construction

DEVELOPERS
& BUSINESSES

FINANCIAL
INSTITUTIONS

IN THE NEWS

LISC  |  1825 K Street NW  |  Suite 1100
Washington, DC  |  20006

strategicinvestments@lisc.org

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