Power Station

Shannan Herbert is undeterred by the chaos, economic shifts and uncertainty of this moment in America. She remains laser-focused on building wealth and opportunity in communities that have been historically underserved. As CEO of Washington Area Community Investment Fund (WACIF) a nonprofit that brings financial education, coaching and capital to promising entrepreneurs of color, Shannan demonstrates what is possible when clients get out from under predatory lending schemes and receive the guidance and support need to achieve their goals. Clients who excel in WACIF’s accelerators and peer cohorts are now thriving small business owners. Their companies can be seen and touched at 3 WACIF operated sites, including the Anacostia Arts Center, an extraordinary cultural and commercial resource in Washington DC’s Ward 7. In this episode of Power Station, Shannan announces a new initiative, the PIVOT Project, a collaboration with longstanding community partner Latino Economic Development Center and their inaugural fun