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North Miami Community Investment Cooperative

The North Miami Community Investment Cooperative (NM-CIC) will allow North Miami residents to cooperatively own and operate a commercial property. In the first phase, Catalyst Miami will facilitate the purchase and initial management of the commercial real estate, including making infrastructural repairs and managing commercial tenant relations. Then, Catalyst Miami will oversee the process of selling the property back to individual members of the surrounding community.

The NM-CIC opens up investment opportunities to working-class residents, who will ultimately be the property owners—especially as development increases in the area. The initiative also supports the local economy by leasing spaces to local businesses (the property's tenants) and offering them technical assistance through our small business services.

The NM-CIC project provides a demonstration of community-level economics that supports equitable wealth-building, collective ownership, and stabilization instead of displacement.

Sign up using the form on this page to get involved! Read about the NM-CIC in the Miami Herald and BisNow.

The NM-CIC will...

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Build wealth for families via small-dollar investments
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Give community residents more control over development in their neighborhood
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Support local small businesses by leasing space to them and offering them technical assistance
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Provide education and capacity-building opportunities to help local, small-dollar investors govern and manage the property

Want to get involved?

If you live in North Miami and would like to be a part of this cooperative, please complete the form on this page. We will contact you soon about next steps! 

Download the information sheet here. 

You may also contact us directly for more information by emailing Julio Calderon at [email protected].