The 2022/23 Chordata Cohort took collective action together by mobilizing $3M into the Emergent Fund, which included a major investment in Boston Community Commons.
Over the summer, Kate attended an event at the Community Movement Commons (CMC) in Roxbury, MA, to learn about the project and the Cohort’s investment. The beautiful property (which includes green space and two existing buildings) will house the BIPOC-led Neighborhood Birth Center (the first Birth Center in Boston) alongside office space for several allied nonprofits (including Center for Economic Democracy and RESIST), and a Community Center. In the works for over ten years, they’ve purchased the land and buildings, and are raising funds to develop the site.
Especially exciting was the announcement at the event that Chordata Capital is the lead solidarity economy investor, having committed over $1M in 10-year 0% interest loans and grants to support CMC. This is happening because our third cohort, as a part of their collective action, have committed to resource this work in a big way. We are so thrilled by the bold moves they are making together, including a $3M integrated capital commitment that is being stewarded by Aaron Tanaka, Jessica Norwood and Anthony Chang.
Here’s what our participants are saying about the Chordata Cohort:
“The cohort completely changed my understanding of investing and introduced me to incredible people building kind, sustainable economic systems I’m proud to support.” – Participant in the 2022/23 Chordata Cohort who is also a client of Chordata and was not compensated or paid for their remarks
“Chordata Cohort was a life-changing experience for me. I came into the experience with many years of learning and activism across different struggles, but relatively new to the world of radical wealth redistribution and investment. I left feeling like I had a community of beautiful and inspiring people who have shown me how to confront the power I unjustly have and how to create new and radical ways of being, loving, and concretely redistributing my wealth and power.” -Participant in the 2018/2019 Chordata Cohort who is not a client of Chordata and was not compensated or paid for their remarks
