Edmonton CDC's Podcast: Recent Episodes
EdmontonCDC
Are you interested in taking ownership of a piece of real estate to improve your neighbourhood, turning a problem property around by revitalizing an underperforming business, or saving an essential building from disuse or demolition? The Piazza Delivery podcast shares how the McCauley Neighbourhood and Edmonton Community Development Company were able to raise 1.1 million dollars in six weeks by creating a community co-op to purchase and revitalize a problem strip mall. The community now owns and operates the strip mall through the community coop.
Recap:
We looked at how to plan for the success of the Community Investment Co-Op. We examined how the community advisory group organized share structures and money flow in and out of the Co-Op and discovered its structure.
EPISODE 5:
There is no escaping paperwork to set up a Community Investment Co-Op, and the paperwork has to be letter-perfect. There are a couple of ways CICs can choose to Incorporate. This episode will look at phase 4, organizational and legal documents.
· Incorporation
· The Offering Memorandum
· Regulatory Compliance (Alberta Securities)
· The Compliance Letter
Recap:
In the last episode, we looked at how the Edmonton CDC worked with a community advisory group to begin building capacity momentum for the community to purchase the Piazza, a problematic strip mall in the neighbourhood.
EPISODE 4:
This episode will walk you through phase three of creating a Community Investment Co-op - Planning for success.
• The regulatory environment around a CIC
• Members, investors, and share structures
• Eligible investment and types of financing
• Governments, admin, and partnerships
Recap:
In the last episode, we looked at the organizational and legal documents you'll need to form a Community Investment Co-op.
EPISODE 6:
This episode will be exploring phase five - Preparing for launch.
· Marketing materials and communication strategy
· Public launch activities
· Membership drive
· Relationship building
Recap:
In the last episode, we looked at preparing to launch a Community Investment Co-op. The McCauley Development Co-op achieved the near-impossible and had raised $1.1 million in 20 days. They closed the deal, purchased the Piazza strip mall, and were able to take a moment to reflect on their achievement.
EPISODE 7:
In this final episode, we will walk through phase 6 – Operations
Topics include:
· Administration transition
· Budget
· Record-keeping systems
· Liability insurance
· Banking bookkeeping and taxes
· Marketing and communications
· Completing regulatory requirements
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Episode 2:Discover how the community of McCauley came together to form a Community Co-op.
You can do the same in your neighbourhood.
Recap:
In the last episode, we walked through the steps of building the foundation of a Community Investment Co-op (C.I.C.).
EPISODE 3
In this episode, we will look at the 2nd phase of creating a C.I.C. building capacity and community momentum.
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Increasing the community advisory groups capacity
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Assembling professional advisors
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Establishing partnerships early
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Convening community impact investment sessions
Episode 1:Are you interested in taking ownership of a piece of real estate to improve your neighbourhood, turning a problem property around by revitalizing an underperforming business, or saving an essential building from disuse or demolition?
The Piazza Delivery podcast shares how the McCauley Neighbourhood and Edmonton Community Development Company raised 1.1 million dollars in six weeks by creating a community co-op to purchase and revitalize a problem strip mall. The community now owns and operates the strip mall through the community co-op.