InterIm CDA Funding: How Much Did They Raise & Key Investors

How Much Did InterIm CDA Raise?
Funding & Key Investors

InterIm CDA has successfully secured a major strategic investment, bringing its total capital accumulation to $497K. This latest injection of $347K underscores the organization's critical role in the Seattle metropolitan area, particularly within the Chinatown/International District. By leveraging this financial backing, the nonprofit continues to scale its operations, ensuring that its mission of social justice and equity remains robust in an increasingly complex urban landscape.

The recent capital allocation reflects a sustained commitment to the organization's long-term viability. As a cornerstone of community support, InterIm CDA utilizes these resources to bridge the gap for marginalized populations, ensuring that the financial trajectory aligns with the growing demand for affordable housing and community-based advocacy services.

What is InterIm CDA?

InterIm CDA

Organizations

Non-Profit & Charitable Organizations

Established in 1969, InterIm CDA operates as a vital nonprofit entity dedicated to the advancement of Asian and Pacific Islander, immigrant, and refugee communities. The organization occupies a unique market position by integrating real estate development with social services. Their operational model is multifaceted, encompassing multilingual housing assistance, equitable development policy advocacy, and the management of community-centric initiatives such as the Danny Woo Community Garden. By serving approximately 5,000 individuals annually, InterIm CDA effectively mitigates the impacts of poverty and language barriers, positioning itself as a leader in community-driven urban development and social equity.

How much funding has InterIm CDA raised?

InterIm CDA has raised a total of $497K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$347K

Debt (2020): $150K with participation from PPP

Debt (2021): $347K led by PPP

Key Investors in InterIm CDA

PPP

Public-Private Partnership

What's next for InterIm CDA?

With the recent infusion of capital, InterIm CDA is well-positioned to accelerate its strategic initiatives in affordable housing and community infrastructure. The organization is expected to prioritize the expansion of its real estate development portfolio, which serves as a primary vehicle for creating safe, sustainable living environments for its constituents. Furthermore, the funding will likely bolster their policy advocacy efforts, allowing the nonprofit to influence regional urban planning decisions that directly impact the Chinatown/International District. As the organization moves into its next phase of growth, the focus will remain on scaling the Wilderness Inner-City Leadership Development program and enhancing the reach of its community engagement platforms, ensuring long-term resilience for the populations they serve.

See full InterIm CDA company page

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