Capital
Our Investment Model
Cape Fear Collective uses data to identify high-priority community development needs. With support from our private, public, and philanthropic funding partners, we create innovative programs to address these in collaborative and sustaining ways.
Workforce Development for Economic Mobility
CFC is launching a Pay It Forward Fund (PIFF) focused on workforce development in our region. PIFFs are place-based workforce funds that more sustainably invest in worker upskilling. Funds from the PIFF will finance short-term, high-yield training programs in healthcare, technology, and select skilled trades, as well as address the social determinants of economic prosperity such as housing, transportation, childcare, and other expenses for the duration of training so workers can maximize their earning potential. The PIFF promises to be an economic and community development engine as it creates a clear pathway for workers to move from barely surviving to thriving. The program also aligns with existing grant and scholarship programs.
Contact Meaghan Dennison at mdennison@capefearpiff.org to learn more or to invest.
Housing
Through our nonprofit and real estate partners, Cape Fear Collective focuses on preserving affordable and workforce housing for individuals and families. We currently have over $17 million invested in affordable housing, mostly in New Hanover County, totaling over 100 units.
Transportation
Cape Fear Collective, Kingdom Cars, and On The Road Lending created a program called Mission Driven Motors to buy reliable used cars and sell them to community members at non-predatory interest rates. The goal is to lower the barrier to dependable transportation, improving autonomy and access to economic opportunities, education, and health services.