We Are AltCap
To be a catalyst for investments in capital 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, 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.
In addition to providing alternative capital, AltCap supports investment in LMI communities through economic empowerment programming by providing business development and entrepreneurship training which includes the Workshop In Business Opportunities (WIBO): How to Build a Growing Profitable Business, a nationally renowned 16-week peer-to-peer entrepreneurship and business training program.
Through our "sister" organization, the Community Capital Fund, AltCap has been able to extend its impact in LMI communities by supporting innovative and measurable community development that focuses on neighborhood capacity building initiatives and projects that leverage community resources and expertise.
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.
Ruben Alonso III
Community Development & Outreach Manager
Carmen Lopez Murguia
Director of Lending
Business Development Officer
Gary Cortez, retired, Hoffman Cortes Contracting Company (Chair of the Board)
David Brian, CEO, Brown Cow Capital LLC (former President/CEO, EPR Properties)
Jean-Paul Chaurand, VP, The H&R Block Foundation (Vice-chair of the Board)
Larry Hayes, CEO, CU Holding Company, LLC
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
Devan Case, Founder & Principal Owner, Pendulum Studios
Frank Oligbo, Principal Owner, Frank Oligbo Agency
John A. Wood, Director of Neighborhood & Housing Services, City of Kansas City, Missouri