What is Community Investment Trust
The Community Investment Trust (CIT) offers a low-dollar, loss-protected investment opportunity for all residents in the southeast region. Through CIT, community investors build equity in thriving and diverse commercial real estate properties.
CIT aims to empower all southeast residents to benefit from economic prosperity and build community wealth through financial inclusion and connection.
What Sets the Community Investment Trust Apart?
No other financial product or community development model has been designed like CIT. The model’s unique advantages include:
Low-dollar investments ($10, $25, $50, or $100/month).
Geographically defined investment zones by zip codes (80910/80916.
Short- and long-term returns for investors through an annual dividend and annual share price change.
Guaranteed protection from loss for investors through a direct pay letter of credit from a local bank.
Investors may cash out of their investment at any time and have their entire investment returned.
What is Solid Rock CDC Doing?
In February of 2022, Solid Rock CDC received increased grant funding in the amount of $2,105,000 to create and operate a mixed-use development. The goal is to create a community space which has the ability to:
Decrease asset poverty and increase community capital.
Raise the economic status of the southeast community through equitable development.
Increase community members financial literacy and confidence in their investment skills.
Generate interest in businesses through community member’s investment in local property
Build and maintain community-based ownership
What Is Generational Wealth?
Generational wealth refers to financial assets passed from one generation of a family to another. These assets can include cash, stocks, bonds, and other investments, as well as real estate and family businesses. In recent years, generational wealth has become a focal point in discussions about the racial wealth gap and the increasing concentration of wealth in the U.S., as it plays a substantial role in both.