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 Act as an intermediary for public and private investment that benefits the local economy;  Improve social, economic, and employment through partnerships with public, private, and non-profit organizations; and,  Implement a long-term strategy that addresses identified community needs

 Federally-Designated Economic Development District  501 (c) (3) Charitable Tax Exempt Corporation  Certified State Community Development Financing Institution (CDFI)  Licensed California Finance Lender  Technical Advisor/Project Manager

 Lend capital  Mentor micro-businesses (<5 employees)  Understand unmet needs  Develop relationships with funding agencies  Complete an economic development strategy and related priority investments  Pursue available funding for these priority investments  Obtain and manage these investment on behalf of our member cities and counties

 Federally Designated Economic Development District (EDD)  378 Nationally  5 California  Service Region = Butte, Glenn & Tehama County and the incorporated cities  3 Counties  9 Cities  $30,198,262 funded projects

 Capital Access Analysis (Chico, Butte) $45,000*  Wastewater Drainage study (Palermo) $35,000  Industrial Park Planning strategy (Oroville) $35,000  Alternative Power Generation plan (Oroville) $35,000  Downtown Visual Master plan (Biggs) $35,000*  Green Technology Feasibility study (Glenn) $50,000*  Micro-enterprise mentoring program (Butte, Orland, $300,000, $100,000, and $150,000)*  Infrastructure Development $2.5 million (Chico)  Façade Improvement Loan program (Red Bluff, Orland => available funding at $150,000)*  Housing Element (Orland, Willows, Corning) $105,000  Energy Neutral Affordable Home Project (Glenn County) $165,000*  Capital Access Program (Chico) $500,000*  Total investments = $4,055,000  * under 3CORE management = $1,495,000

 Private tax deductible charitable contributions authorized  $291,450 contributed  Raised $2.65 million private capital investments as a certified CDFI

 Exclusive access to 20% state tax credit for eligible private investments  Obtained $2.65 million in private loan capital since 2002  CDFI & 501 (c) (3) assets provide preference in attracting private capital or investments targeting identified business capital access needs

 Manage 14 loan funds with $5.0 million capital base  $3.25 million current active loan portfolio with $450,000 work-in-progress  loans -$12,890,109 loans closed -average 4:1 leverage of private investment

 The fear of loss will trump the desire to maximum profits for traditional banks;  Local government will face daunting financial pressures;  Consolidation of small governmental units is likely;  Social improvements and economic development investments will increasingly be sponsored by social angel investors