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WELCOME to theEnterprise Finance Webinar Series:Lessons from the Field, Part 3
STRENGTH MATTERS® Best Practices in Financial Reporting Webinar Series Made possible by the generous support of
The John D. and Catherine T. MacArthur Foundation
Tuesday, December 17, 2013 at 3:00PM ET
Presenters:
Kathy Laborde, President, Gulf Coast Housing Partnership
Liz Sessler, Senior Investment Marketing Manager, Enterprise Community Loan Fund
Deidre Schmidt, Principal, One Roof Consulting
Host:
Frances Ferguson, Director, Real Estate Enterprise Strategies, NeighborWorks® America
Audio Conference InfoCall-in #: 866-363-6079Passcode: 851 497 0973
Audio Conference InfoCall-in #: 866-363-6079Passcode: 851 497 0973
Congratulations! Now Get to Work.
Meet the Host
Frances Ferguson,
Director, Real Estate Enterprise Strategies,
NeighborWorks® America
About STRENGTH MATTERSA national collaborative sponsored by NeighborWorks® America, Housing Partnership
Network (HPN), and Stewards of Affordable Housing for the Future (SAHF), with ongoing support from The John D. and Catherine T. MacArthur Foundation.
Our partners also include:
Calvert Foundation
Enterprise Community Loan Fund
F.B. Heron Foundation
Ford Foundation
Housing Assistance Council
Housing Partnership Fund
Local Initiatives Support Corporation
Low Income Investment Fund
Mercy Loan Fund
NeighborWorks® Capital
NWSL Affordable Housing and Mission Investment Fund
Website Info www.strengthmatters.net Please register if you have not already. Site provides access to over 20 financial
reporting best practices papers, case studies and other resources.
Upcoming Webinars and recordings of past sessions are posted.
Enterprise Finance Series: Lessons from the Field
What this work entails:
Discussions at two annual meetings and CFO convening
Peer exchanges to dig deeper
Three webinars.
Case Studies• Case studies and webinar recordings available at
www.strengthmatters.net
• Studies explore experience of Housing Partnership Network (HPN), NeighborWorks® America and Stewards of Affordable Housing for the Future (SAHF) members
1. Homes for America
2. Foundation Communities
3. CommonBond Communities
4. Gulf Coast Housing Partnership (forthcoming)
Snapshot of Organizations
Homes for America Foundation Communities
CommonBond Communities
Gulf Coast Housing Partnership
18 years 24 years 42 years 7 years
5,276 2,673 5,017 1,866
4 Mid-Atlantic States Austin & North Texas 3 Midwest States 3 Gulf Coast States
Meet the PresentersKathy LaBorde,
President,
Gulf Coast Housing Partnership
Deidre Schmidt,
Principal,
One Roof Global Consulting
Liz Sessler,
Sr. Investment Marketing Manager,
Enterprise Community Loan Fund
Enterprise Finance
Definition in this context:
The strategic pursuit of business activities and discretionary use of new capital and / or an organization’s existing assets – either directly or through leverage – to fund:
business activities (working capital),
growth (investment capital)
reserves to mitigate risk (permanent capital).
Capital & Capacity
Amassing, accessing and managing capital demands competencies, systems, discipline
Mutually reinforcing and progressive relationship
Enterprise Finance
Once you’ve arrived, new work begins: Relationship management (forging and tending relationships with different set of partners)
Fund management (when and where to use your resources to optimize)
Reporting (financial and social outcomes)
Enterprise Finance
Liz Sessler, Enterprise Community Loan Fund
Finding the right match and fit.
Types of Investors
Banks (CRA Regulated) Philanthropic Organizations Consultants and Financial Advisors Individuals
What motivates investors? Risk
Financial Risk Opportunity Cost
Return Financial Return Social Return
Emotion
Enterprise Finance
Kathy LaBorde, Gulf Coast Housing Partnership
The strategic and operational aspects of managing third party capital.
Enterprise FinanceKathy LaBorde and Liz Sessler
Managing relationships with third-party capital providers.
Contact Us Frances Ferguson: fferguson@nw.org
Kathy Laborde: laborde@gchp.net
Deidre Schmidt: deidre.schmidt@1roofglobal.com
Liz Sessler: lsessler@enterprisecommunity.org
Lindsay Wells (CPE credit contact): consult.lwells@gmail.com
Visit www.strengthmatters.net to view recorded webinars and download presentations.
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