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.
No other financial product or community development model has been designed like CIT. The model’s unique advantages include:
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:
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.