# Magnolia Fund HTX

Build Neighborhood Equity by Investing in Houston's Community-owned Food-maker Hub

- Canonical URL: https://wefunder.com/magnolia.fund
- Entity ID: wefunder:company:141350
- Last updated: 2026-06-26T05:02:07Z
- Generated at: 2026-06-26T05:32:23Z

## Quick facts
- Community-owned commercial kitchen and food hub in Houston's East End.
- 90% of founding investors are local residents, ensuring wealth stays within the community.
- Multiple revenue streams projected from kitchen rentals, event spaces, and co-working areas.
- Pioneering a new model of community-driven economic development and ownership.
- Commitment to sustainable development with eco-friendly construction and operations.

## Active fundraises
- wefunder:fundraise:94624: 4(a)(6) successful (USD)
- wefunder:fundraise:94625: 4(a)(6) successful (USD)

## Story
In Houston’s East End, a neighborhood with rich history and culture, traditional real estate projects often lead to wealth leaving the community rather than empowering it.Magnolia Fund HTX is here to break that cycle. We believe that local growth should directly benefit local people.Our mission is to create a model where community development is synonymous with community ownership, allowing residents to profit from their neighborhood’s success rather than be pushed out by it.Magnolia Fund HTX is on a mission to build a community-owned commercial kitchen in the heart of the East End. This project will bring together food-makers, entrepreneurs, and residents in a shared, vibrant space.With plans for an innovative shared commercial kitchen, we’re giving local food-makers a central place to gather, grow, and celebrate what makes the East End unique. We’re building a catalyst for local talent, creating a sustainable ecosystem that strengthens the community.Magnolia Fund HTX doesn’t just serve the East End community; it’s owned by it. With 90% of our founding investors from the neighborhood, we’re creating a powerful model of economic inclusion.When East End residents invest in their own neighborhood’s growth, they gain more than financial returns—they’re building a direct stake in the future prosperity of their community.For investors, this is a rare opportunity to support a project that keeps wealth close to home, strengthening the local economy from within.Magnolia Fund HTX has:Raised over $250k from local Houston investors, with 90% having direct ties to the East End. Partnered with local businesses, establishing a foundation for community-centered growthSigned letters of intent with future kitchen members eager to bring their businesses to the East End project.Backed by strong support from residents and local entrepreneurs, we’re turning community ownership into reality.Magnolia Fund HTX’s project is designed to create sustainable revenue across several key areas:Commercial kitchen space for local food-makers who require affordable kitchen facilities to grow their businessDry, cold and frozen storage for food-maker members based on their specific food production needsEvent space for tastings and cooking classes for local businesses and organizations, bringing in steady incomeEach revenue stream supports our vision of a financially self-sustaining community hub, reinforcing our commitment to long-term economic stability.Future projections cannot be guaranteed.Expanding impact beyond the kitchen The Community Owned Kitchen is now live one part of a larger vision for the project. Our ideal commercial property would include space to host:A 2,000 sq ft Commercial Kitchen - Providing commercial grade kitchen space, food prep and storage space as well as access to mentors and training to help food-makers level up. sStorefront and Co-working - A proving ground for food-makers to pop-up or serve on site while also supporting local entrepreneurs with office-like amenities and meeting space.Indoor & Outdoor Venue Space - Encouraging programming, classes and special events to support community needs as well as major upcoming events and activations (e.g., World Cup ‘26, Astros, Rockets, and Texans games).By expanding, we not only increase revenue potential but deepen our impact, creating more opportunities for local ownership and reinvesting profits back into the communities that need it most. Investors today will also be owners in the future of the entire property.Magnolia Fund HTX believes that responsible development means considering our environmental impact. Our campus will be designed with sustainability at its core, including:Energy-efficient building materials that reduce waste and operational costsWaste reduction practices that support a cleaner, healthier environmentSupport for local food producers to reduce environmental impact and promote local economyBy minimizing our environmental footprint, we’re creating a community asset that future generations can take pride in. This commitment to sustainability isn’t just good for business; it’s essential for building a lasting legacy in the East End.Magnolia Fund HTX is pioneering a groundbreaking approach to creating wealth for a community that has long been excluded from its own economic growth.We’re giving residents the chance to reclaim ownership, share in the profits, and create lasting impact right where they live. By investing in Magnolia Fund HTX, you’re joining a movement that redefines community-driven development, building sustainable wealth from the ground up.Invest in Magnolia Fund today and support a future where prosperity is shared, and success is community-owned.Property Strategy for Magnolia FundOur next steps are to evaluate all available properties that meet our criteria in the East End. This includes neighborhoods such as Magnolia Park, 2nd Ward (Segundo Barrio) and others within the greater East End. We are considering spaces of 5,000 sq ft or larger. We are looking for space that can host our community kitchen, storefront space for food-makers and community space to hold events.How does this investment work and how do you receive a return?By investing in Magnolia Fund, you are becoming a non-managing member of Magnolia Fund HTX, LLC which grants you interest in the company. How much interest you have depends on how much we raise, up to $2.5M including off-Wefunder investors. For example, if we raise the full $2.5M and you invest $10k, you will own 0.4% interest.When we open doors to our shared kitchen and payments for costs, taxes, and contingencies have been made, we can start making distributions to investors. Please note that the timing and number of distributions is determined by the Manager in its sole discretion. That means that there is no guaranteed timing for investment returns and it is possible to never receive a return on this investment.Once we have generated sufficient cash flow, the first available funds go entirely to the investors. First, investors will receive 100% of their initial investment back. Then, investors will receive distributions until they receive an 8% Return on Investment per year. Distributions will be made proportionally to an investor's percentage interest in the company. This 8% return will continue year over year for the life of the fund. After the initial return of capital to investors and the 8% return per year, 100% of distributed cash flow will go to the fund Manager, until the Manager has received distributions equal to 20% of all distributions made to such date. Any available funds after that are split 70/30 with 70% going to investors.Investors will continue to receive 8% return income over the entire profit-earning life of the fund, until the property is sold or if there is a subsequent fund created for initial investors to exit.Future projections are not guaranteed.

## FAQ
1. **Hi there when could investor's make a possible gain many thanks**
   - Any investor returns are of course not guaranteed. The model for potential returns are described in the last section of the campaign and again are not guaranteed.
2. **hi there if i invest can i transfer my investment to someone else in the future**
   - At this point in time there would be no mechanism for you to transfer your investment to someone else in the future.
3. **Hello. I recently came across this incredible community oriented project and wanted to get an update on the organization's business model. I saw the original plan was a large build out at the Harrisburg property. I saw you had then pivoted and successfully purchased the Dwinne...**
   - Hi Ben, apologies for the late response here, but yes our goal is to create a shared kitchen first. While we can't promise anything in the future, our goals have always included a community hub/venue, space for co-working, and potential retail. As we find success with the current property future plans can become more of a priority. Additionally, our focus on the existing property will allow us to hone our abilities to create sustainable approaches (like you mentioned) that we can later scale ...
4. **When will the 2025 K-1s be ready?**
   - Apologies for the delay in responding but those should be in soon. We have our CPA working on it to provide Wefunder with the correct info and then Wefunder will be responsible for issuing you yours. This is my understanding but feel free to double check with Wefunder on this.

## Team
- Erik Ibarra (Founder)
- Marcelo Garcia III (Co-Founder Emeritus)
- Graciela G Saenz (Advisor, Board Governance)
- Veronica Juarez (Advisor, Fund Formation)
- Estella Gonzalez (Advisor, Equitable Economic Development)
- Victoria Elizondo (Advisor)
- Robert Lopez (Advisor)
- Jesse Martinez (Advisor, Ecosystem Builder)

## Recent posts
- What a journey it has been. (2025-12-18T21:28:06Z)
-  (2025-10-31T05:02:13Z)
- We Just Closed on Our Kitchen! (2025-07-25T16:00:03Z)
- We are Under Contract! (2025-04-25T16:15:40Z)
- Pivoting with 💯 Transparency (2025-04-04T14:14:59Z)
- Reserve Investors, Confirm Your Spot (action required) (2024-12-19T16:21:29Z)
- You're Invited - Celebrate our Community Round! (2024-11-06T19:32:12Z)

## Q&A
- Q: Hello. I recently came across this incredible community oriented project and wanted to get an update on the organization's business model. I saw the original plan was a large build out at the Harrisburg property. I saw you had then pivoted and successfully purchased the Dwinnell property for what appears to just be shared commercial kitchen space. Congratulations on that! Is the plan to start building out the food hub from this first property to be self-sustaining? Then branch out into the other areas like event and co-working space? Are there plans for future crowdfunding campaigns and property acquisitions? Also can you clarify if there are any sustainability considerations or future goals for the first property? Like energy efficiency, electrification, solar, etc.
  - A: Hi Ben, apologies for the late response here, but yes our goal is to create a shared kitchen first. While we can't promise anything in the future, our goals have always included a community hub/venue, space for co-working, and potential retail. As we find success with the current property future plans can become more of a priority. Additionally, our focus on the existing property will allow us to hone our abilities to create sustainable approaches (like you mentioned) that we can later scale to anything we do in the future. Thank you for your questions!
- Q: When will the 2025 K-1s be ready?
  - A: Apologies for the delay in responding but those should be in soon. We have our CPA working on it to provide Wefunder with the correct info and then Wefunder will be responsible for issuing you yours. This is my understanding but feel free to double check with Wefunder on this.
- Q: hi there if i invest can i transfer my investment to someone else in the future
  - A: At this point in time there would be no mechanism for you to transfer your investment to someone else in the future.
- Q: Hi there when could investor's make a possible gain many thanks
  - A: Any investor returns are of course not guaranteed. The model for potential returns are described in the last section of the campaign and again are not guaranteed.