Technical Assistance


CDFA // BNY Mellon Development Finance Webcast Series: Exploring Local Economy Preservation Funds

What is a Local Economy Preservation Fund you may ask? They are institutions that use capital for local broad-based wealth creation. They keep businesses locally owned by supporting transitions to employee and community ownership, and in doing so, help underserved populations to build and sustain wealth. During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we heard from practitioners implementing this model in communities.

To view presentation (without audio) click here.


Tammy Davis, Moderator
Vice President
The Bank of New York Mellon

Steve Storkan
Executive Director
Employee Ownership Expansion Network

Marjorie Kelly
Executive Vice President & Senior Fellow
The Democracy Collaborative


CDFA National Sponsors

  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd LLC
  • gener8tor
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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