Capital flows are important indicators of neighborhood, city, and regional economies. We examined investment into Cleveland, a city that has cultivated a rich network of capital sources outside of mainstream finance. Mission and federal capital made up 12 percent of investment from 2010 to 2020, a greater share than most cities. However, among the 100 largest cities in the US by population, Cleveland ranks 93rd in investment overall and low in residential, nonresidential, and small business investment. We also found disparities in neighborhood-level investment patterns, which suggest that development investments are not equitably allocated. Cleveland should continue to implement economic development strategies that focus on providing quality jobs, developing housing, and investing in local capacity.