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Mission Driven Finance

Establish cREIT

Summary:

Assist impact investment organization with establishing a cREIT.

Referred by:

Jurisdiction(s): U.S. (CA-based organization)
About the Organization: Mission Driven Finance is an impact investment firm dedicated to building a financial system that ensures good, socially driven, businesses have access to sufficient, affordable capital.
Legal Entity Type: Hybrid (nonprofit + for-profit affiliates)
SDG(s): Good Health and Well Being, Reduced Inequalities
Legal Issue(s):

Mission Driven Finance plans to form a Community REIT (cREIT) to support the creation and preservation of affordable childcare. The cREIT will use philanthropic and private capital to finance the purchase of homes and facilities by local organizations, which will own the property jointly with affordable childcare providers. They are seeking guidance in choosing a structure for the cREIT as well as assistance setting up the entity.