October 12, 2015

JPMorgan Chase, Detroit Development Fund and the W.K. Kellogg Foundation Announce $6.5 Million Loan Fund for Detroit’s Minority-Owned Small Businesses

Entrepreneurs of Color Fund will provide greater economic opportunity for small businesses that lack access to credit and primarily serve Detroit’s neighborhoods.

September 15, 2015 (Detroit) – The Detroit Development Fund (DDF), JPMorgan Chase & Co. and the W.K. Kellogg Foundation (WKKF) today announced a new $6.5 million lending program for Detroit businesses owned by entrepreneurs of color and businesses that primarily hire people of color. The Entrepreneurs of Color Fund will boost economic opportunity for minority-owned businesses in Detroit by providing them with greater access to capital and business assistance, allowing them to grow, hire local and further contribute to the city’s recovery.

Facilitated by DDF, a Michigan 501(c)3 Community Development Financial Institution (CDFI), the Fund will seek to provide financing for general contractors, small retailers and other neighborhood service businesses along with many other types of businesses. The Fund will help businesses that traditionally have lower credit quality, lack access to capital and staffing and primarily serve Detroit’s neighborhoods.

Small businesses have historically been at the heart of economic growth in Detroit, and they have the potential to reduce unemployment and expand opportunity for Detroiters. There are approximately 32,000 minority-owned small businesses in Detroit, according the U.S. Census. This ranks Detroit as the fourth largest U.S. city for the number of minority-owned businesses. Yet, despite their importance to the economy, recent research by Michael S. Barr, Professor of Law at the University of Michigan, says minority-owned businesses rely significantly more on investments of personal or family wealth than on outside debt or equity.

"For Detroit's comeback to be a true success, there must be opportunity for the Detroiters who have stayed,” said Detroit Mayor Mike Duggan. “This new program fits perfectly with what our administration is doing, through Motor City Match and other efforts, to make sure Detroit residents who want to start a business in their city have access to the capital and support they need to be successful."

“The Entrepreneurs of Color Fund is very exciting for us and the Detroit small businesses it will support,” said Ray Waters, President, DDF. “The unique structure of the Fund allows DDF to provide a variety of lines of credit and loans to accommodate the needs of entrepreneurs of color. “We are pleased to facilitate the pilot program and are grateful for the support of JPMorgan Chase and the W.K. Kellogg Foundation. We look forward to growing our lending in minority communities.”

Through a $3.5 million grant provided by the JPMorgan Chase Foundation, as part of its $100 million commitment to the Detroit’s economic recovery, and $3 million in program-related investments from the Kellogg Foundation, the Entrepreneurs of Color Fund will provide short and long-term loans. Loan sizes will vary, but the average loan will range from $50,000 to $150,000. The Kellogg Foundation developed and initiated the Fund because of its long-standing commitment to equity and to Detroit.

Businesses receiving financing will be able to use the capital to expand, finance equipment, address short-term cash flow needs and provide contractor lines of credit. The Fund will also provide small business loan recipients with technical assistance such as networking, marketing, business plan development and cash flow management. Eligible small businesses must be majority owned by people of color or have more than half their workforce made up of people of color. During implementation of this initiative, DDF will also work with Max M. & Marjorie S. Fisher Foundation’s Detroit entrepreneurship programming efforts.

“Neighborhood businesses are critical to Detroit's comeback, but many need access to the right capital to grow and thrive,” said Janis Bowdler, Head of Community Development for Global Philanthropy, JPMorgan Chase. “The Entrepreneurs of Color Fund is a unique approach that combines flexible financing and services to strengthen continued business growth in Detroit’s neighborhoods.”

“The Kellogg Foundation is not new to the idea of creating access to capital for people of color,” said La June Montgomery Tabron, WKKF’s President and CEO. “We know that investment in people of color is essential for equitable and effective urban development and this nation's sustained economic dominance. We are proud partners with Detroit Development Fund, JPMorgan Chase and others who will join us to improve the economic opportunities for entrepreneurs, who are also parents, to better support their families and ensure success for Detroit’s kids.”

Funding will allow the Entrepreneurs of Color Fund to provide loans and technical assistance and establish a loan loss reserve. The reserve will allow DDF to expand its lending criteria and help Detroit small businesses that traditionally did not qualify for a loan.

“Detroit’s strength has always come from entrepreneurs who have a great idea and can build that into a business that thrives and creates jobs,” said U.S. Senator Debbie Stabenow. “This new public-private partnership will help business owners succeed and grow, creating jobs and opportunity across the region.”

Michael Barr’s recent research, Minority and Women Entrepreneurs: Building Capital, Network, and Skills, published by the Hamilton Project of the Brookings Institution, calls for greater support for minority-owned and female-owned small businesses.

“Minority-owned businesses, including those in Detroit, often lack access to credit, to essential skills needed to survive and grow, and to business networks for mentoring and new business opportunities,” said Michael S. Barr, Professor of Law at the University of Michigan. “Increasing business formation by minority and female entrepreneurs is critical to improving the rate of entrepreneurship for the country as a whole, and generating new growth and jobs.”

Interested Detroit small businesses can learn more about eligibility by contacting the Detroit Development Fund at (313) 784-9547 or vholsey@detroitdevelopmentfund.com.

About the Detroit Development Fund

DDF was established in 1996 with a mission to “improve the quality of life for residents in underserved Detroit neighborhoods.” A 501(c)(3) and certified as a CDFI, DDF provides term loans and lines of credit to small businesses, small contractors, and for-profit and nonprofit affordable housing developers. DDF currently manages $23 million in loan capital. Since lending activities began in 2002, DDF has closed over $36 million in loans to businesses in Detroit, which helped to retain approximately 1,200 jobs and created approximately 1,800 new jobs. Approximately 72 percent of DDF’s small business loans have been made to minority owned companies, and over 1,400 housing units were rehabbed as a result of DDF’s loans. DDF lending activities have leveraged over $200 million in public/private investments with more than $7 million in projects under management.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

About the W.K. Kellogg Foundation

The W.K. Kellogg Foundation (WKKF), founded in 1930 as an independent, private foundation by breakfast cereal pioneer Will Keith Kellogg, is among the largest philanthropic foundations in the United States. Guided by the belief that all children should have an equal opportunity to thrive, WKKF works with communities to create conditions for vulnerable children so they can realize their full potential in school, work and life. The Kellogg Foundation is based in Battle Creek, Michigan, and works throughout the United States and internationally, as well as with sovereign tribes. Special emphasis is paid to priority places where there are high concentrations of poverty and where children face significant barriers to success. WKKF priority places in the U.S. are in Michigan, Mississippi, New Mexico and New Orleans; and internationally, are in Mexico and Haiti. To learn more, visit www.wkkf.org or follow WKKF on Twitter at @wk_kellogg_fdn.

Media Contacts:

Detroit Development Fund: Ray Waters, President of Detroit Development Fund, 313.784.9547.

JPMorgan Chase: Steve O’Halloran, steve.ohalloran@chase.com, 302.282.5699

W.K. Kellogg Foundation: Dana Linnane, dana.linnane@wkkf.org, 269.969.2301

January 14, 2019

FFJ Advisor Discussion Series: Kris Hayashi

Photo of Kris sitting on brick steps, hands clasped.

Hear from Kris Hayashi, Executive Director of Transgender Law Center and FFJ Field Advisor, about the efforts to seek #JusticeforRoxsana and the horrific conditions trans migrants face, particularly in ICE custody. Click here to participate in a matching gift challenge.

#JusticeforRoxsana

Six months ago, our government murdered Roxsana Hernandez, a transgender woman and asylum-seeker from Honduras. Last month we put ICE on notice.

On November 26th, 2018 Transgender Law Center (TLC) and the Law Office of Andrew R. Free announced that we have filed a Notice of Wrongful Death Tort Claim in New Mexico, the first step in holding all parties responsible for Roxsana Hernandez’s death accountable. We were joined by Black LGBTQIA+ Migrant Project (BLMP) and Familia: Trans Queer Liberation Movement (Familia), who have advocated for an end to detention for trans and queer migrants.

Transgender Law Center, Familia: TQLM, BLMP, and our co-counsel Andrew Free are joining in a national campaign calling for Justice for Roxsana and for all trans migrants.

It will be a long and difficult fight, but we must and we will get justice for Roxsana and for all trans migrants.

What Happened to Roxsana?

An independent autopsy report reveals that Roxsana was shackled for a long time and very tightly, enough to cause deep bruising on her wrists,said Lynly Egyes, TLC’s Director of Litigation. “She also had deep bruising and injuries consistent with physical abuse with a baton or asp while she was handcuffed, according to an examination of the tissue by an independent expert board-certified forensic pathologist. In the final days of her life, she was transferred from California to Washington to New Mexico, shackled for days on end. If she was lucky, she was given a bottle of water to drink. Her cause of death was dehydration and complications related to HIV. Her death was entirely preventable.”

Roxsana Hernandez was a Honduran transgender woman and an asylum seeker who arrived with a caravan organized by Diversidad Sin Fronteras. She arrived in Tijuana and sought asylum by presenting herself at the San Ysidro Port of Entry (SYPOE) in May. What followed was a hellish ordeal of being held in U.S. Customs & Border Protection custody in the notoriously cold holding areas, known as “hieleras,” growing increasingly ill as a result of the inhumane conditions. She was repeatedly denied access to medical care she begged for, only able to see a doctor after days of vomiting and diarrhea.

“We will continue to uplift Roxsana’s story and to continue to hold immigration enforcement accountable for her death,” said Jennicet Gutierrez, community organizer and advocate with Familia. “We will continue to organize to protect the lives of all trans and queer migrants because what our community needs is asylum not detention. Familia will continue to organize and demand for the abolishment of ICE, CBP, police, and all prisons.”

Currently there are dozens of LGBTQ migrants in Tijuana whose lives are being held hostage by a morally reprehensible and punitive presidential administration that would have them wait in a country that has openly shown violence and hostility towards migrants, and pointed cruelty towards LGBTQ people.

Horrific Conditions for Trans Migrants

“This last week, as many people across the country enjoyed a warm dinner with their family, the Trump Administration is considering basically signing execution orders for the LGBTQ migrants in Tijuana awaiting their opportunity to seek asylum, commented BLMP representatives Dora King and Jerome Jones in November 2018. “Among those waiting for their opportunity to ask for asylum are Black LGBTQ migrants who are particularly vulnerable to violence, including detention and deportation, while in immigration proceedings. The Trump administration’s immigration policy is purely racist.”

Advocates point to the conditions Udoka Nweke faced when he presented himself for asylum also at SYPOE in December 2016. He was detained for nearly two years before being released in September after being held in solitary confinement and attempting suicide. His testimony upon being released from Adelanto Detention Facility corroborated a scathing report by Department of Homeland Security’s Office of the Inspector General that points towards a drastic overhaul necessary in Adelanto. The report listed as areas of concern:  Nooses in Detainee Cells; Improper and Overly Restrictive Segregation and Untimely and Inadequate Detainee Medical Care.

“Immigration prisons are teeming with human rights violations,” said civil rights attorney Andrew Free. “From forced labor to inadequate access to medical care, they are horrific places to lock people up. We have requested records from the relevant federal agencies regarding  the conditions Roxsana was kept in under the Freedom for Information Act. In the next few weeks, if they do not turn over those files we will be filing a suit against them. We will not rest until those responsible for Roxsana’s suffering are held to account, and until the systems of oppression that gave rise to her suffering are abolished.”

TLC, BLMP, Familia, and the Law Offices of Andrew Free have been working with Roxsana’s family in seeking justice. Roxsana’s sisters shared the following statement with TLC:

“Roxsana Hernandez was our sister and it was an injustice to have her die the way she did. They cut her life short and she was not able to fulfill her dreams. For us, her closest family, it’s been extremely painful to deal with. She left with dreams of opening a beauty salon and hopes of helping us out. She fled Honduras because here transgender people are discriminated against. She left with hopes of living a better life. It has not been easy for us to accept that she is gone, we were very close. It’s difficult to accept that she was taken from us because of negligence, because of not giving her support and medication that she needed, because they treated her like an animal. It’s not fair. It’s not fair that she fled Honduras looking for a better life and instead she was murdered. Now all we have left with is the hope that we can see justice for her. Justice for Roxsana.”

WATCH THE TLC PRESS CONFERENCE IN SAN DIEGO HERE.

Time to Take Action

We know this will be a long and hard fight. After the press conference in San Diego, INTO reported, “On Monday, ICE attempted to discredit the autopsy by emailing media outlets off-the-record tips that Dr. Sperry resigned from his position as Georgia’s chief medical examiner in disgrace. Sperry retired in 2015 after The Atlanta Journal-Constitution published a scathing report on Sperry’s time moonlighting as a paid forensic consultant. Sperry did not face legal action and has continued to practice in Georgia. INTO was among the outlets to receive the off-the-record tip from ICE on Sperry. INTO is taking the exceedingly rare step of not honoring the off-the-record because the information was sent without prior agreement between INTO and ICE, and the agency has refused to corroborate its assertions.”

As our government terrorizes asylum-seekers at the border, TLC remains committed to holding ICE accountable and defending our trans communities, including those seeking asylum within our borders. We're committed to ending the abusive and inhumane detention of transgender and gender nonconforming (TGNC) migrants, experienced by Roxsana who was cruelly beaten before she died, and Udoka Nweke, a Black gay migrant who recently won release from immigration detention after almost two years of torture. Despite the government's attempts to attack trans bodies or erase our existence, we're still here- and we're still suing- for our right to thrive, free from discrimination.

To ensure we win #JusticeforRoxsana, generous donors Liz and Elly Fong-Jones have pledged to a matching donation of $50,000. Together, if we can raise $50,000 for our work to bring justice for Roxsana, our generous donors will double your donation this new year. Make your gift to support the fight for justice here.

For more information or to get involved in the campaign please contact kris@transgenderlawcenter.org.

December 10, 2018

Welcome to the new NFG website!

Thank you for visiting Neighborhood Funders Group's new website! We've completely redesigned and improved how it works to make it easier than ever for our members to use as an online resource.

We're currently in soft launch mode before we publicly announce the new site in 2019, so thanks for taking an initial sneak peek! Please excuse our digital dust as we finish testing all of the features of our new website. You can find a temporary archive of our old site at old.nfg.org.

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If your organization is an NFG member, first check to see if your account has already been created for you. Click "Forgot Password" on the log in page and try entering your work email address to activate your account and set your password.

Let us know at support@nfg.org if you come across any issues logging in, or anywhere else on the site. Stay tuned for our official launch announcement, and thanks for visiting!

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