June 18, 2025 • 4 mins
Terry Grady, Development Officer for Capital for Change, joins us live from the Travelers Championship to share how the organization supports underserved communities across Connecticut.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Thank you for listening to Community Access. I'm Alison de Merz.
I'm at the Travelers Championship in Cromwell. We're doing interviews
for Birdie's for Charity. For every dollar raise they get
fifteen cents from Webster Bank. With me right now is
Terry Grady. He is Development officer for Capital for Change.
Thank you so much for being here.
Speaker 2 (00:19):
Thank you for having them.
Speaker 1 (00:21):
For those who don't know about Capital for Change, how
did it begin and what is it all about?
Speaker 2 (00:27):
Well, I'll explain first what it is. Capital for Change
is a community loan fund. It's a community development financial institution.
You may hear a lot in the news with Washington
what's CDFIs. We are a loan funds set up in
nineteen ninety four is when they first began to offer
(00:50):
financing capital to populations that typically aren't well served by
the regular banking system, the underserved population. We provide financing
for affordable housing, the energy efficiency upgrades, small business loans,
nonprofit loans, loan servicing, and counseling as well.
Speaker 1 (01:14):
That's wonderful. Do you have any personal stories of people
that you know without naming names, of how it's impacted
their lives.
Speaker 2 (01:21):
Oh many ways. The affordable housing is certainly our biggest.
The emphasis is on that most of our work, and
we've seen neighborhoods transformed, and it not only touches on housing,
but that expands into other areas because a stable housing
environment is better for education, better for health, better for safety.
(01:48):
All of those things stem off a stable housing environment.
Speaker 1 (01:52):
And people can go to your website, Capitalforchange dot org
to find out about all of the programs and services.
Speaker 2 (01:58):
They're all there and anyone is happy to it. There's
easy to contact sites there and we'd be happy to
address It'll direct you whether you're interested in a loan,
small business, or personal myself in finding out how to
become a part of it and investing in it. My
(02:19):
contact information is there. I'm happy to give it if
you like.
Speaker 1 (02:22):
Sure T Grady.
Speaker 2 (02:25):
At Capital for Change dot org. That's tg R A
D Y and Capital with an A.
Speaker 1 (02:33):
So you love doing this work, don't you. You can
see it all over you.
Speaker 2 (02:37):
It's been a marvelous experience and that's half the battle,
and half the joy is the people I get to meet.
We have just under fifty employees and all of them
are happy to be there and do an excellent job
and feel good in the morning when they wake up,
and look forward to doing it all over again because.
Speaker 1 (02:55):
You're helping so many people thousands.
Speaker 2 (02:59):
Now, I will say that Connecticut is about ninety two
thousand units shy of where they should be of affordable housing.
We're making a dent, but it's a long process and
we need help.
Speaker 1 (03:13):
So tell me you have an important event that's coming up.
Speaker 2 (03:16):
Well, there's an event for those who really don't know
what a CDFI is, how important it is, the impact,
and how they can be involved Tuesday morning and at
the Lyceum in Hartford. There'll be a couple of experts
who can speak to CDFI's financing, all types of things
(03:40):
that are directly related to these issues. And if anyone
would want information, I will give my email address. That's
the best way again, t Grady at Capital for Change
dot org and just put CDFI event in the subject
line wonderful.
Speaker 1 (04:00):
Looking for donations today again. You can go to Capital
for Change dot org or Travelers Championship dot com. I'm
sure sponsors. When you have events. Everything is right there
Capital for Change dot org all the programs and services.
Please go donate right now. Don't wait another moment.
Speaker 2 (04:18):
Please do. Don't find that on the Birdies for Charity site.
Just search for Capital for Change click on that. I
know it works. I did it and donated myself.
Speaker 1 (04:31):
Ah, that's so wonderful. I'm speaking with Terry Grady, development
officer for Capital for Change again. It's Capital for Change
dot org. Thank you so much for being here and
for serving the community.
Speaker 2 (04:42):
Thank you and thank you all for having me
Thank you for listening to Community Access. I'm Alison de Merz.
I'm at the Travelers Championship in Cromwell. We're doing interviews
for Birdie's for Charity. For every dollar raise they get
fifteen cents from Webster Bank. With me right now is
Terry Grady. He is Development officer for Capital for Change.
Thank you so much for being here.
Speaker 2 (00:19):
Thank you for having them.
Speaker 1 (00:21):
For those who don't know about Capital for Change, how
did it begin and what is it all about?
Speaker 2 (00:27):
Well, I'll explain first what it is. Capital for Change
is a community loan fund. It's a community development financial institution.
You may hear a lot in the news with Washington
what's CDFIs. We are a loan funds set up in
nineteen ninety four is when they first began to offer
(00:50):
financing capital to populations that typically aren't well served by
the regular banking system, the underserved population. We provide financing
for affordable housing, the energy efficiency upgrades, small business loans,
nonprofit loans, loan servicing, and counseling as well.
Speaker 1 (01:14):
That's wonderful. Do you have any personal stories of people
that you know without naming names, of how it's impacted
their lives.
Speaker 2 (01:21):
Oh many ways. The affordable housing is certainly our biggest.
The emphasis is on that most of our work, and
we've seen neighborhoods transformed, and it not only touches on housing,
but that expands into other areas because a stable housing
environment is better for education, better for health, better for safety.
(01:48):
All of those things stem off a stable housing environment.
Speaker 1 (01:52):
And people can go to your website, Capitalforchange dot org
to find out about all of the programs and services.
Speaker 2 (01:58):
They're all there and anyone is happy to it. There's
easy to contact sites there and we'd be happy to
address It'll direct you whether you're interested in a loan,
small business, or personal myself in finding out how to
become a part of it and investing in it. My
(02:19):
contact information is there. I'm happy to give it if
you like.
Speaker 1 (02:22):
Sure T Grady.
Speaker 2 (02:25):
At Capital for Change dot org. That's tg R A
D Y and Capital with an A.
Speaker 1 (02:33):
So you love doing this work, don't you. You can
see it all over you.
Speaker 2 (02:37):
It's been a marvelous experience and that's half the battle,
and half the joy is the people I get to meet.
We have just under fifty employees and all of them
are happy to be there and do an excellent job
and feel good in the morning when they wake up,
and look forward to doing it all over again because.
Speaker 1 (02:55):
You're helping so many people thousands.
Speaker 2 (02:59):
Now, I will say that Connecticut is about ninety two
thousand units shy of where they should be of affordable housing.
We're making a dent, but it's a long process and
we need help.
Speaker 1 (03:13):
So tell me you have an important event that's coming up.
Speaker 2 (03:16):
Well, there's an event for those who really don't know
what a CDFI is, how important it is, the impact,
and how they can be involved Tuesday morning and at
the Lyceum in Hartford. There'll be a couple of experts
who can speak to CDFI's financing, all types of things
(03:40):
that are directly related to these issues. And if anyone
would want information, I will give my email address. That's
the best way again, t Grady at Capital for Change
dot org and just put CDFI event in the subject
line wonderful.
Speaker 1 (04:00):
Looking for donations today again. You can go to Capital
for Change dot org or Travelers Championship dot com. I'm
sure sponsors. When you have events. Everything is right there
Capital for Change dot org all the programs and services.
Please go donate right now. Don't wait another moment.
Speaker 2 (04:18):
Please do. Don't find that on the Birdies for Charity site.
Just search for Capital for Change click on that. I
know it works. I did it and donated myself.
Speaker 1 (04:31):
Ah, that's so wonderful. I'm speaking with Terry Grady, development
officer for Capital for Change again. It's Capital for Change
dot org. Thank you so much for being here and
for serving the community.
Speaker 2 (04:42):
Thank you and thank you all for having me
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy And Charlamagne Tha God!
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.