What is risk and who bears it? Typically, risk is assigned to those with the fewest resources. Investments to low-income communities and communities of color are often denied because they are deemed "too risky." In this webinar, participants challenge those assumptions and discuss strategies that they implement to shift risk to those who can afford to bear it and facilitate the building of wealth in low-income communities and communities of color. Our panelists are:

• Deborah Frieze is president and founder of the Boston Impact Initiative, a

  place-based impact investing nonprofit that aims to close the racial wealth gap

  by changing the rules of how capital flows through communities of color.

• Kate Khatib, based in Baltimore, is co-director of Seed Commons, a national

  network of locally rooted, non-extractive loan funds that support worker co-op

  development in over two dozen cities.

• Ojan Mobedshahi, based in Oakland, California, is finance director of East

  Bay Permanent Real Estate Cooperative, a community-led cooperative that

  buys and preserves real estate to keep tenants of color in Oakland.

This webinar will explore:

• How does contemporary capitalism assign investment risk? In what ways is risk shifted from those who are wealthy to those who are poor?
• What is integrated capital and how does it different from traditional capital?
• How does traditional risk assessment impact communities of color and marginalized communities?
• What are some promising approaches to “de-risk” community-based projects?
• What does it mean to use non-extractive finance? How does it differ from conventional business lending?
• What role can public policy play in shifting who bears business risk?
• What steps can nonprofits and philanthropy take to help change how risk impedes wealth building in low-income and BIPOC communities?

Register to learn how nonprofits and movement activists are advancing strategies to address the economic and social inequalities of our time!

The moderator for this webinar is NPQ senior editor and economic justice program director Steve Dubb. Steve has worked with cooperatives and nonprofits for over two decades and has been both a student and practitioner in the field of community economic development.

You can send your questions to webinar@npqmag.org to have them answered during the web event.

*The recording and slides of this webinar will be available on the NPQ website 2-3 days after the live event.