Special Meeting: Mountain Community Capital Fund Operating Committee (In-Person) (Nov 7, 2025)

The Mountain Community Capital Fund Operating Committee will meet on November 7, 2025, primarily to discuss and potentially approve a new loan proposal. The committee will also review monthly performance data for the fund, providing an overview of its lending activity and financial health. A key focus will be on a report detailing the fund's loan portfolio, including information about delinquent loans and demographic breakdowns of borrowers – a particularly high percentage being Black or African American.

A significant decision expected is the vote on approving the new loan proposal, which would support a food trailer business in Asheville or Buncombe County. The committee will also finalize roles within the group, including confirming a Vice-Chair and Secretary, and establish a subcommittee to improve data reporting practices. Public comment will be welcome at the meeting, offering an opportunity for community members to share their thoughts and concerns.

This meeting is relevant to anyone interested in the Mountain Community Capital Fund's lending activities, particularly those focused on supporting small businesses and minority-owned enterprises. The committee’s discussion of improving data transparency and moving towards more in-person meetings could also impact how the fund operates and engages with the community.