As of August 2023, e2 – Jolly OZ, LLC has purchased its first property and the rehab should be completed, as early as September 2023. It is our intent that this initial project will be a template for many more projects to come in the metro Kansas City, MO region.
Kansas City, MO (December 8, 2020) – equity2, a Kansas City-based impact investment firm, announced today they received a $1 million investment from The Sunderland Foundation. The investment will anchor the equity2 Impact Fund, the region’s only 100% Kansas City-focused, impact-oriented opportunity zone fund.
Lenders that have historically provided capital to underserved areas—the focus of the opportunity zone tax breaks—have struggled to get involved in the burgeoning market for the tax-advantaged investments. Of the 1,100 community development financial institutions across the country, just a handful have managed to participate…
Our small business community faces an existential threat. While government assistance and philanthropy have provided critical support for many businesses, the prolonged economic impact of the pandemic requires us to do more. It requires us to do things differently. Opportunity Zones have the structural framework to be a transformative tool, but only with…
The abandoned Marlborough school building at 74th and Tracy was built in 1927, and has sat vacant since 2007. But a partnership with the Marlborough Community Land Trust and investor equity2, could give the building new life.
The abandoned Marlborough school building at 74th and Tracy was built in 1927, and has sat vacant since 2007. But a partnership with the Marlborough Community Land Trust and investor equity2, could give the building new life.
A vacant south Kansas City elementary school soon could provide a lesson as to how neighbors can band together under an investment model that allows them more direct bites of the economic development apple….
The abandoned Marlborough school building at 74th and Tracy was built in 1927, and has sat vacant since 2007. But a partnership with the Marlborough Community Land Trust and investor equity2, could give the building new life.
KANSAS CITY, MO (SEPT. 2021) — To help address the ongoing disparities facing Black entrepreneurs, and to build on the collective experience and commitment to the region’s Black-owned businesses, five Kansas City-based organizations—AltCap, Generating Income For Tomorrow (G.I.F.T), Black Chamber of Commerce of Greater Kansas City, equity2, and Lead Bank—have joined forces to launch a new partnership that will invest in local, small businesses through flexible debt and equity financing, grant funding and business advisory services. By aligning the strengths of these small business allies, which share a common goal to dismantle barriers that hinder minority-owned businesses from achieving their potential, Black entrepreneurs will have improved access to capital and critical resources that will help their businesses grow.
equity2 has made its first impact investment into Legacy Asset Group’s redevelopment of 1302 Brush Creek Boulevard for the “Legacy Center”. This mixed-use residential and owner-occupied commercial space will be the home of Legacy Asset Group, LLC. The ground floor of the center will include co-working space for other small-scale developers, homeownership classes and related resources. The second story will consist of two high quality, affordable apartments.
