crowdfunding for community development finance -- neighbor.ly, the community investment platform

1

HELLO!

CROWDFUNDING FOR COMMUNITY DEVELOPMENT FINANCE FEDERAL RESERVE BOARD OF GOVERNORS ‒ 24 Mar 2014

@luminopolis

Jase Wilson // CEO

@neighborly

www.neighbor.ly

COMMUNITY INVESTMENT PLATFORM

@neighborly 2

WHAT’S CROWDFUNDING?

CROWDFUNDING IS

...PASSING THE HAT AROUND

@neighborly

CROWDFUNDING COMES IN 3 “FLAVORS”

PERKS DEBT EQUITY

4

@neighborly

CROWDFUNDING COMES IN 3 “FLAVORS”

PERKS DEBT EQUITY

“INVESTMENT”

{“DONATION”

4

5

NOT A NEW IDEA

@neighborly

6

NOT A NEW IDEA

@neighborly

6

NOT A NEW IDEA

@neighborly

6

NOT A NEW IDEA

@neighborly

7

NOT A NEW IDEA

@neighborly

8

$$$

CROWDFUNDING IS WAY MORE THAN $$$!

@neighborly

8

$$$

PROJECT AWARENESSINNOVATION SUPPORTSTAKEHOLDER BUY-INCAPACITY BUILDING

CROWDFUNDING IS WAY MORE THAN $$$!

@neighborly

@neighborly

PROBLEM

9

TOO HARD TO INVEST IN COMMUNITIES

@neighborly 10

PROBLEM

@neighborly 10

PROBLEM

@neighborly���11

PROBLEM

@neighborly���11

PROBLEM

@neighborly 12

PROBLEM

@neighborly 12

PROBLEM

“Peter Coffin, a municipal bond manager for wealthy individuals said it is about time the muni market got an overhaul.”

@neighborly 13

PROBLEM

@neighborly 14

EQUITY V. MUNIS

$40Bn

2012 IPOS

@neighborly 14

EQUITY V. MUNIS

$40Bn

2012 IPOS

$400Bn2012 MUNI ISSUANCES

@neighborly 14

EQUITY V. MUNIS

$40Bn

2012 IPOS

$400Bn2012 MUNI ISSUANCES

$12Bn

COST

@neighborly 15

SOLUTION

!

COMMUNITIES !

CREATE JOBS

!

INVESTORS !

EARN $$$ & PERKS

!

PROJECTS !

GET MONEY

Win !!

CITIZENS !

GET NEW AMENITIES

COMMUNITY INVESTMENT PLATFORM

Win ! Win ! Win !

@neighborly 16

SOLUTIONSOLUTION

@neighborly 17

SOLUTION

CHALLENGE MATCHES

PILOT

CROWDFUNDINGTAX CREDITS

“BRICK” CAMPAIGNS

NAMING RIGHTS

BONDS

WHAT IF WE MATCH…

WITHIN A MATCH?

@neighborly 19

SOLUTIONSOLUTION - CHALLENGE MATCHES?

CROWD

$1

BANKS / CRA

$5x

GOVERNMENT

$25x

@neighborly 20

SOLUTIONSOLUTION

@neighborly 21

NEIGHBOR.LY !

TO DATE, WE’VE HELPED RAISE $1.45M

FOR 30 PROJECTS IN 24 COMMUNITIES

FROM 2,300 CONTRIBUTORS THROUGH PERKS CROWDFUNDING ALONE

@neighborly 22

WE HAVE AWESOME PARTNERS

CivicAccelerator

@neighborly 23

AND SOME GREAT MENTIONS

@neighborly 24

WE TALK A LOT

@neighborly 25

YES WE’RE OPEN

Open CompanyOpen DataOpen Sourcegithub.com/neighborly Work in Progress Work in Progress

@neighborly 26

THE RIGHT TEAM TO MAKE IT HAPPENPLANNING GEEKS BOND TRADER FUNDRAISER LOCAL GOV CPA ENGINEERS + ADVISORS

@neighborly 27

ROADMAPCURRENTLY RAISING SEED ROUND TO:

1. MAKE KEY HIRES 2. DEVELOP FULL PLATFORM 3. SETUP BROKER DEALER 4. SECURE PARTNERSHIPS / CHANNELS

28

3 YEAR IMPACT GOAL

HELP 1,000 COMMUNITIES FUND 10,000 PROJECTS BY HELPING RAISE $1Bn+

29

!

@neighborly

THANK YOU !

!

howdy@neighbor.ly