We made excellent progress on our expansion project last month! I am so pleased to share that we identified the New Markets Tax Credit financing we need to help us launch our project.
Many of you asked how you can help support our co-op’s expansion. Co-ops are truly a community enterprise and everyone can contribute — by shopping, telling friends about the co-op, and perhaps by lending to the co-op. Our goal is to raise $1.5 million from eligible Member-Owners. Check out our member loan brochure to find out more about lending and terms.
We’ll officially launch our loan campaign later this month, when we mail out an appeal letter to all eligible Member-Owners. Watch for it in the mail! We hope to raise all the funds by October. While there are still many pieces of the project that need to come together, we hope to begin construction in November. Check out more expansion updates.