Financial Modeling for Nonprofit Real Estate Purchase
April 14 @ 10:00 am - 11:00 am
Community based non profit organizations that are looking to buy their own building will find important information and direction form this webinar. The CCEDA Executive Director, with 30 years in the non profit business having financed $ 50 million in community facilities and directly purchased real estate for his organizations.
Organizations will learn
• how to define and prioritize the goals of your project.
• How to calculate whether you can afford to buy when you currently rent a building
• How much debt, what will be your payments, and how much down payment you will face
• And whether your organization should consider buying
• And what support is out there for buying a building.
This webinar will be presented by Roberto Barragan. Roberto Barragan is the Executive Director of the California Community Economic Development Association, a 200 member association committed to community revitalization in diverse urban and rural neighborhoods across the state of California. Roberto assists Community Development Corporations (CDCs), Community Action Agencies and Community Development Financial Institutions (CDFIs) to plan, fund, establish and expand robust community economic development programs, including micro and small business lending programs, strategic and innovative community reinvestment solutions, as well as assist nonprofit organizations with social venture business plans and funding strategies as well as fund development plans and campaigns, and conceptualize, structure, fund and manage community led real estate projects, e.g. administrative offices, child development and training facilities, homeless shelters, affordable housing and commercial and retail projects that serve low and moderate income communities.