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.

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)