Shared Capital Cooperative: formerly NCDF

Shared Capital Cooperative (formerly known as Northcountry Cooperative Development Fund (NCDF) is a national CDFI loan fund that connects co-ops and capital to build economic democracy. Working with capital invested by the cooperative sector and its allies, we provide financing for the expansion and startup of cooperatively-owned businesses and housing throughout the United States. As a cooperative ourselves, we understand cooperative capital needs and have financed more than 800 loans to cooperatives in the past 37 years.

We believe that cooperatives are an important economic tool for equitable community development and community wealth building. Our financing supports local communities that are starting and growing co-ops to create living wage jobs, support sustainable food systems, expand access to healthy foods, provide affordable housing, and develop democratic workplaces and community ownership.

  

CGN Member (Associate)

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