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/PRNewswire/ The Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC), has reached its $250 million goal for. ....
LISC raises $400 million in early capital for Project 10X to address deep racial disparities, promote growth and opportunity National CDFI is rolling out first investments as part of $1 billion Project 10X plan News provided by Share this article Share this article NEW YORK, May 24, 2021 /PRNewswire/ The Local Initiatives Support Corporation (LISC) today announced that it has raised more than $400 million for its Project 10X initiative to bridge racial gaps in health, wealth and opportunity bringing it 40 percent of the way to its $1 billion goal for the 10-year investment effort. LISC, one of the nation s largest community development financial institutions (CDFIs), launched Project 10X in November 2020. The initiative builds on more than 40 years of LISC investments in affordable housing, economic development, health, safety, education and jobs, all designed to create opportunity for people and communities that have been excluded from full participation ....
May 10, 2021 Small businesses and nonprofits across Delaware can now get low-interest loans of up to $100,000 and free business support from the Southern Opportunity and Resilience Fund as they work to recover from the pandemic. Companies and agencies across Delaware can begin applying for very low-interest loans of up to $100,000 and free business support through the SOAR Fund, a new program created by a diverse group of community lenders aimed at helping small businesses and nonprofits navigate and rebuild from the COVID-19 health and economic crisis. According to the U.S. Census Bureau Small Business Pulse Survey, 47 percent of Delaware small businesses have less than two months’ cash on hand, and one-third of small businesses in the state expect to seek capital in the next six months. ....
Send Small-business owners and nonprofits across Arkansas can apply now for low-interest loans of up to $100,000 through the Southern Opportunity and Resilience (SOAR) Fund. Want the Full Article? Readers must pay to access articles older than 15 days. Articles newer than 15 days are not included in this offer. Purchase Now ....