To be a catalyst for investments in capital and resource starved communities in Kansas City through innovative financing products, targeted small business and economic development programming, and the development of strategic partnerships that promote economic growth and empowerment.
AltCap exists to increase the flow of capital to communities and businesses not adequately served by traditional financial institutions. Whether it is through the New Markets Tax Credit (NMTC) Program, small business and microloans, or any of our other alternative capital sources, AltCap is committed to delivering critical financing to support job creating small business investments and catalytic, community-driven real estate development projects in our service area.
Our service area encompasses the Kansas City metro area with a specific focus on Jackson, Clay, Platte, and Cass counties in Missouri and Wyandotte, Johnson, and Leavenworth counties in Kansas.
We are passionate about increasing the flow of capital to support investment and economic empowerment in distressed communities. We are committed to making a difference and effecting positive change in the Kansas City community.
Gary Cortez, retired, Hoffman Cortes Contracting Company (Chair of the Board)
David Brain, CEO, Brown Cow Capital LLC (former President/CEO, EPR Properties)
Jean-Paul Chaurand, VP, The H&R Block Foundation (Vice-chair of the Board)
Robert Langenkamp, President/CEO, Economic Development Corporation of Kansas City
Randall J. Landes, Director of Finance, City of Kansas City, Missouri (Treasurer)
Margaret J. May, Executive Director, Ivanhoe Neighborhood Council (Secretary)
Rekha Patnaik, EVP/Director, Bank Strategy and Administration, UMB Bank
Erika Brice, Partner, Rector Development
Frank Oligbo, Principal Owner, Frank Oligbo Agency
John A. Wood, Director of Neighborhood & Housing Services, City of Kansas City, Missouri