Power Station

On this 300th episode of Power Station, I am joined by my friend and colleague John Holdsclaw. Over the twenty plus years I have known John he has excelled as an organizer, public policy advocate, and leader in financial services that deepen racial and economic equity in under-resourced Black, Latino, Indigenous and AAPI communities. John launched Rochdale Capital, an emerging CDFI, with its strategic partner, National Cooperative Bank, to provide capital to enterprises, from affordable housing to health centers and grocery stores, structured as cooperatives and other forms of shared ownership. He views CDFIs not as an industry but as a movement that uplifts communities traditional banks have failed to serve. Take Rochdale’s investment in a line of credit for All-In Groceries, a store that was 58 years in the making in Waterloo, Iowa’s East Side, a neighborhood marginalized by decades of redlining and racism. This is the community and life-changing work that motivates Rochdale Capital’s fully engaged staff an