We are further excited to announce that the evening’s program will be honoring Accion Chicago, highlighting the organization’s hard-won successes in community lending. As a community development financial institution, Accion Chicago’s work has long expanded access to safe capital for small businesses, and they’ve protected small business owners from the growing threat of predatory online business loans that trap borrowers in debt with high fees and unreasonable terms.
community investment awards
The event also featured a panel on student debt and its impact on for-profit college students, featuring Katie Buitrago of Woodstock Institute, Rohit Chopra of CFPB, Samuel Levine of the Office of the Illinois Attorney General, Eve Rips of Young Invincibles, and Hannah Moore, a graduate of the for-profit Harrington College of Design. Ms. Moore shared her experiences with accumulating and paying down high levels of student debt.
Their work has given the residents of these communities more opportunities to grow together and invest in their futures. This year, TRP is celebrating its 25th year anniversary and, since its inception in 1990, TRP has leveraged more than $340 million in community investment and its plan for its strategic vision 2020 is to do more in the next five years than in the last twenty-five.
Woodstock Institute will honor TRP with a Community Investment Award on May 14.
Woodstock Institute will honor Chopra with a Community Investment Award on May 14.
At Woodstock Institute’s 2015 Community Investment Awards, we will present Heartland Alliance with a Community Investment Award for their work to advance retirement security. Heartland Alliance is one of the leading anti-poverty organizations, with 125 years of service. Heartland Alliance works with both policymakers and communities to ensure action is taken to curb poverty.
Woodstock Institute invites you to the 2015 Community Investment Awards Reception at Instituto Cervantes on May 14, 2015, at 4:30 p.m. After we enjoy some tasty appetizers, drinks, and networking, we will recognize the accomplishments of community champions who exemplify what it means to work locally with a national impact.
It was a good combination of celebration and serious dialogue. Thanks to everyone who attended (especially on a Friday night) and to all of our foundation and financial institution funders who generously support our work and our online data portal. A list of our funders is available in our just released annual report for 2012-2013.
Since we were involved in its creation, we at Woodstock Institute have had a front row seat for its growth and impact in our communities.
Producer Kim Jacobs will join the panel to discuss her film, which reveals what can happen to older adults when they are targeted for scams and abusive financial products. The film also reveals how they are fighting back, and becoming powerful advocates for themselves and others to help change the current landscape of economic security for older Americans. We met Kim when “Fleeced” was shown at the National Community Reinvestment Coalition (NCRC) conference in Washington, DC, in March. We are delighted she offered to drive in from Indianapolis to join us for the event.