Public Investing and Innovation Partnership Director
Arcata Economic Development Corporation
The Public Investing and Innovation Project is a partnership with the Humboldt Area Foundation, and supported by the The California Endowment, to develop a program that is based on Capital Absorption, a framework developed by the Center for Community Investment, which measures and assists the ability of regions to attract and deploy capital in support of low and moderate income communities. Our region can benefit from significant public and private investment and it is necessary to reinforce the infrastructure to be able to absorb funding and distribute its equitability into systems. This project will require regional coalition building, as well as skills to identify funding sources and develop a pipeline of projects for funding, while helping the region navigate the policies, barriers, interests, and environments in which those projects will be implemented. The PIIP Director reports to the Program Director at AEDC and acts as liaison with the Impact Investing Director at HAF/WRCF.
Partner and Funding Generation and Management
As a highly relational professional, the ideal candidate will develop and manage relationships to determine priorities around equity, climate resilience, and just economic development for the region and research funding opportunities to meet those priorities. They will also participate in community events to educate potential program participants about the process and inform potential partners on the benefits to collaboration. The PIIP Director, with an eye to fostering racial equity in marginalized and underserved populations, connects partners with business resources or service providers to support economic development.
Additionally, this candidate will orchestrate public grants and incentives on behalf of partnerships; helping to identify and solicit sources of stacked public and private resources to support projects; inspiring collaboration and coordination among local organizations and financing partners; facilitating shared values of equitable and sustainable development.
You are first and foremost driven by impact, specifically bringing a deep commitment and skill in operationalizing racial equity and justice, and a value set that prioritizes personal learning about the region’s history of exclusion and exploitation; and the drive to promote equitable growth especially for under-resourced communities. You seek to lead with your capacity to translate social impact values to partners, and to inspire partnership and cooperation. You have a high degree of emotional intelligence, a collegial working style, and a spirit of servant and adaptive leadership. You find joy in learning alongside communities, thinking outside the box, and prototyping solutions in deep relationships with regional partners. Your core professional skills include knowledge of public policy, public finance, and public infrastructure, and a strong understanding of the structures of philanthropic resources, and an understanding of financial markets and investment principles, with a robust knowledge of the practice of impact and social investing. You find satisfaction in creating, managing, and measuring complex projects and programs.
Build and facilitate partnership and coalitions between nonprofits, Tribal governments, county and municipal governments,educational institutions, healthcare institutions, and other mission driven investors to identify needs, gaps and collaborate on proposals to more effectively secure and administer funds to address regional cross sector challenges
Identify and implement best practices for how to braid funding streams across HAF/WRCF and AEDC financial resources, including impact investments, and partner financial resources to foster a just economic recovery following COVID-19, and for increased health and racial equity impact across the region
Cultivate and deepen relationships and funding to BIPOC serving organizations
Create assessment of the capacity needed to successfully secure and administer public funds, the current capacity of key community partners, and best practices from cutting edge CDFI’s across the nation that are applicable regionally
Create and implement a system to compile and understand available public funding, and assess barriers to current funding
Collaborate with HAF and AEDC staff to create a process for how to vet opportunities with an equity lens and build racial equity into proposals
Create a sustainability plan for our region to capture increased public funding over next 10 years
Prioritize and integrate racial equity into partnerships, projects and proposals
Increase funding to BIPOC communities and organizations
Secure grants that bring measurable health equity changes to our region’s youth and families, our economy and our environment
Support documentation of early learnings & organizational internal shifts of the CDFI and Community Foundation model
Establish and implement learning questions and methodologies in collaboration with community partners
Gather feedback from regional partners on how the shared executive and partnership model was effective in listening to community members, centering inclusion and racial equity, increasing resources to the region, building capacities of partner organizations, and gaining success towards thriving youth and families, and climate and economic resilience.
5 years experience in community development or community organizing
5 years experience in public funding and investment
3 years experience in a non-profit environment
4 years administrative and/or project management experience
Committed to mission
Proactive and self-starting
Experienced in promoting racial justice
Organized and efficient
Flexible; can multi-task comfortably
Must be able to work in fast-paced, hands-on environment
Excellent multitasking skills, prioritization and deadline management
Must be team-oriented
Optimistic and persistent
Excel, Word, and PowerPoint – to generate reports, presentations and other written communication
Communication – strong verbal and written communications, negotiation and relationship-building skills
Problem solving skills
Organization skills – effectively stores, retrieves and shares data and information
Acumen in financial systems, investment tools, public funding and grants management
Time management – schedules and utilizes time efficiently and productively
Flexible; prioritizes well and easily pivots to new tasks and areas of focus
Adaptable; able to play multiple roles as needed
Reliability and discretion; handles sensitive and confidential information
Management skills and execution focus; ability to ‘make things happen’
Attention to detail
Compensation and Application Information
Compensation: $80-000 to $90,000, depending on experience, plus health benefits, retirement benefits, paid holidays and sick time.
Please submit a resume and letter of interest to [email protected]. If you have questions, call Susan at (707) 798-6132 ext. 212.
This position will stay open until filled, but priority consideration will be given to those who apply by 5 p.m. on March 15th.
For over 40 years, AEDC has fostered economic and community development in cooperation with regional partners to build and maintain healthy communities. AEDC is a 501(c)(3) Community Development Financial Institution (CDFI), certified by the U.S. Treasury Department’s CDFI Fund. Headquartered in Humboldt County, our mission is to promote and foster economic development within underserved communities and among disadvantaged populations throughout Northern California. As a nonprofit, mission-driven entity, we offer access to affordable loan capital and business development services to small businesses and nonprofit organizations that are financially viable but have difficulty accessing affordable capital from banks or other conventional lenders. AEDC also offers programs that support economic prosperity, building networks and convening stakeholders and by facilitating public/private partnerships. As a Community Development Financial Institution (CDFI), we are a private financial institution that is dedicated to supporting the economic stability of the Northern California communities with a deep commitment to racial equity and a just economy, including an ability to build relationships with Tribal Nations and with businesses and leadership organizations supporting communities of color.