Accomplishments

Since its inception in 2003, the Strategic Action Council, acting in its capacity as the sponsor of the Northwest Louisiana Community Development Fund (The Fund), an ambitious $40 million fund designed to finance local real estate projects that will help revitalize low and moderate-income communities (LMI’s) across Northwest Louisiana.
While the bulk of the capital commitments were made by large financial institutions and pensions funds, community and other national foundations have made substantial contributions.

The Fund was created to stimulate job and wealth creation for residents in low and moderate-income neighborhoods by fully connecting lower income neighborhoods into the healthy regional economy. These low- income neighborhoods represent urban markets that have un-tapped, under-appreciated resources that have substantial potential to contribute to the growth, vitality, and economic viability of the Northwest Louisiana region.

TIMELINE:

September 9, 2003
The Strategic Action Council of Northwest Louisiana (SAC), Incorporated was founded; the result of a two-volume Strategic Analysis and Action Plan entitled “Finding the High Common Ground”.

December 28, 2007
SAC and Kennedy Wilson, a global integrated real estate firm with a nationally regarded reputation in private equity real estate, completed the first $5+ million close of the $40 million Northwest Louisiana Community Development Fund.