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Partners for the Common Good

Financial Services

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Partners for the Common Good

Overview

Partners for the Common Good (PCG) is a thought and innovation leader within the Community Development Financial Institution (CDFI) industry. Founded in 2000, PCG’s mission is to promote economic justice for low income people and communities. We do this by partnering with CDFIs and socially motivated investors across the nation to serve borrowers that promote affordable housing, neighborhood revitalization, and healthy communities. PCG's work includes: Loan Participation Network: As a participation lender, PCG helps CDFIs maximize the use of scarce lending capital by promoting collaboration with other CDFIs. PCG has partnered with nearly 40 CDFIs across the United States and originated $60 million in participation transactions. Through its strong network of lending partners, it has reached borrowers in 33 states and the District of Columbia. CapNexus: PCG is also leading the community development finance industry into the digital sector with the launch of its groundbreaking CapNexus platform (www.capnexus.org). CapNexus connects community development practitioners to capital, investment opportunities, information, and resources. Public Policy and Community Development Bankers Association (CDBA): PCG is a leader in the public policy arena. We also serve as the administrator of the Community Development Bankers Association (www.cdbanks.org), the national trade association of the community development bank sector. PCG staff provide advocacy, technical assistance, and information sharing on best practices that enhances the capacity of CDFI banks. Social Impact Assessment: We are also a leader in social impact assessment. PCG develops and shares impact assessment tools and methodologies so CDFIs can better understand the effect of our lending and financial services activities and tell our stories. PCG has received a "AAA" rating from Aeris, signifying clear alignment of mission, strategies, activities, and data that guides its programs and planning.