The Local Return DCIF, one of NC3’s pilot Accelerator Program participants, began its community capital raise in Rhode Island! Last week’s press release announced:
“The Rhode Island Community Investment Cooperative has launched a direct public offering for the Local Return Diversified Community Investment Fund (DCIF), the nation’s first DCIF and Rhode Island’s first-ever community investment fund, which will invest in local real estate projects and related ventures that create or preserve local ownership and economic activity.”
