The California Community Economic
Development Associations (CCEDA) is hosting a webinar on Financial
Modeling for Nonprofit Real Estate Purchase on Tuesday,
April 14th, 2020 at 10AM-12PM PST.
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 will be presenting at
this webinar.
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.
Register
for the webinar here!
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.
For the past 3 years, Roberto served as the Principal of nationally
serving Aquaria Funding Solutions, a diverse group of consultants
focused on expanding CDFIs of Color and addressing the lack of
economic equity and racial justice in the community lending
industry. His work has helped dozens of Latino and African
American CDFIs expand their small and micro lending to
entrepreneurs of color across the country.
Over the last 3 years, Mr. Barragan has also served as Chair and
Vice Chair for the inaugural Federal Reserve Board of Governors Community
Advisory Council. Established by Dodd Frank legislation, this
Council of 15 national geographically and demographically diverse
individuals from nonprofit and financial organizations,
universities, labor unions and associations who meet twice annually
to advise the Board on issues ranging from the Community
Reinvestment Act to homelessness. And until late 2017, Mr.
Barragan served as a founding Board member for California United
Bank, a $3 billion community bank serving Southern California.
Previously, Mr. Barragan was the President of Valley Economic
Development Center (VEDC) from 1999 to 2016. He managed the largest
small business development non-profit organization in California,
managing a $11 million budget with 80 employees in 8 offices in Los
Angeles, Las Vegas, New York City, Miami and Chicago. VEDC
served over 3,000 businesses yearly with financing, training and
direct business assistance. Barragan designed and implemented
a growth strategy for VEDC building $70 million in assets with a
small business loan portfolio of $35 million. In the last decade,
Mr. Barragan has raised over $100 million in federal, state and
local as well as private resources for small and medium sized
business development.
He led VEDC to national prominence as a highly regarded CDFI
originating $25 million annually in small business loans. The
VEDC lent almost $100 million to women and minority business owners
in the last 10 years, and launched numerous community and business
programs including Business Opportunity Funds in Chicago and New
York, the Pacoima Development Federal Credit Union, the National
African American Small Business Loan Fund, the Women’s Small
Business Risk Mitigation program, and the National Micro Finance
Fund among many others.
Education:
Mr. Barragan graduated from Princeton University with a Bachelor of
Arts in Politics and International Law, and studied Marketing and
Real Estate Finance at the University of California, Berkeley, Hass
Graduate School of Business Administration.
Register for the Financial Modeling webinar here!
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