Pacific Community Ventures Investment Partners II, LLC

San Francisico CA


Pacific Community Ventures Investment Partners II, LLC (PCV LLC II) is a community development venture capital fund that was certified as a CDFI in January 2003.

CDFI Awards for Pacific Community Ventures Investment Partners II, LLC


FA (2003) - $1,000,000

PCV LLC II will use the Fund"s 1 million award as equity investment capital targeted to business development in underserved communities and Hot Zones in the state of California. PCV LLC II will use the Fund?s award to leverage other capital to reach its capitalization goal of $22.2 million. With this level of capitalization, PCV LLC II projects that it will make five to seven new investments per year through 2005. PCV LLC II projects that each of its portfolio businesses will employ an average of 25 residents of low-income communities each year, in jobs that pay living wages, provide skill-based training, and offer health benefits and wealth-sharing opportunities. Approximately 76% of this award will be targeted to Hot Zones.



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