Seeds of Change (company)

After 42-Years of Dedicated Service, Pioneering Perspectives President and CEO Jeannie Seeley-Smith Passes the Torch to a New Leader

Retrieved on:

Friday, June 16, 2023

Poverty, Homelessness, Seeds of Change (company), DSM-IV codes, Woman, Mother, Change, Addiction, Knowledge, Trauma, PARK, Toy, Management, Child, Perspective

ST. LOUIS PARK, Minn., June 16, 2023 /PRNewswire-PRWeb/ -- Perspectives, Minnesota's largest therapeutic, supportive housing program for women and children who have experienced long-term trauma, addiction, homelessness, mental illness, and poverty, announced today that Jeannie Seeley-Smith is retiring as CEO after four decades of building Perspectives into a national model. As part of Perspectives' leadership succession plan, Seeley-Smith will finish the $19M "Seed the Change" capital campaign, $5 million of which must still be raised.

Key Points:

As part of Perspectives' leadership succession plan, Seeley-Smith will finish the $19M "Seed the Change" capital campaign, $5 million of which must still be raised.
"While Jeannie Seeley-Smith's shoes will be hard to fill, we are extremely pleased to welcome Lilia Panteleeva as the new president and CEO of Perspectives," states Chair of the Board Susan Grafton.
Her competence as a leader and her knowledge of child protection will undoubtedly be of tremendous value to Perspectives."
"I am honored to have the opportunity to serve as the incoming president and CEO of Perspectives.

The Change Company Issues its First AAA Rated Securitization Backed Exclusively by its Proprietary Community Mortgages

Retrieved on:

Wednesday, June 14, 2023

The Change Company CDFI LLC and its subsidiary Change Lending, LLC (“Change”) – America’s CDFI – are pleased to announce that Change has closed its seventh securitization of its proprietary Community Mortgages, and the first such securitization which earned an AAA rating for the senior A1 class.

Key Points:

The Change Company CDFI LLC and its subsidiary Change Lending, LLC (“Change”) – America’s CDFI – are pleased to announce that Change has closed its seventh securitization of its proprietary Community Mortgages, and the first such securitization which earned an AAA rating for the senior A1 class.
Jesse Elhai, Managing Director of Capital Markets for Change, said, “Receiving our first AAA rating on a securitization comprised solely of our proprietary Community Mortgage is an important milestone for Change.
Jason Biegel, President of Change Lending, said, “We are excited to close this groundbreaking RMBS securitization that recognizes the prime credit profile of the borrowers accessing our Community Mortgage program.
Dentons US LLP served as issuer counsel to Change and Hunton Andrews Kurth LLP served as underwriter counsel in the transaction.]

The Change Company and Framework Homeownership Partner to Expand Homeownership

Retrieved on:

Tuesday, March 14, 2023

Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Accounting, CDFI, Curriculum, Framework, Small business, Education, Seeds of Change (company), NIS, Partnership, Real estate

The Change Company CDFI, LLC (“The Change Company”) and its subsidiary Change Lending, LLC, America’s Community Development Financial Institution (CDFI), and Framework Homeownership (“Framework”) announced today that they have partnered to provide financial literacy education to underbanked homeowners throughout the United States.

Key Points:

The Change Company CDFI, LLC (“The Change Company”) and its subsidiary Change Lending, LLC, America’s Community Development Financial Institution (CDFI), and Framework Homeownership (“Framework”) announced today that they have partnered to provide financial literacy education to underbanked homeowners throughout the United States.
The partnership is focused on educating consumers about the homeownership process with the shared mission of expanding homeownership by financing underserved borrowers, fairly and responsibly.
Omar Esposito, President and CEO of Framework said: “We are thrilled to partner with The Change Company, America’s largest CDFI, as we work to make smart homeownership the new norm nationwide by leveraging technology to reach a new generation of homebuyers and homeowners.
We believe that with a superior curriculum, the latest technology, dedication to our customers, and innovative relationships with lenders like The Change Company, we can help millions more homebuyers purchase their first homes.”
“The Change Company is proud to partner with Framework to provide financial literacy and NIS Endorsed homebuyer education to credit-worthy prime borrowers who have been excluded from the financial system for non-economic reasons,” said The Change Company Founder and CEO, Steven Sugarman.