Community Loan Fund – News & Events
Community Loan Fund News
Community Loan Fund ready to support small businesses and nonprofits during COVID-19 crisis
March 17 - As the COVID-19 crisis continues to escalate, the Community Loan Fund of the Capital Region wants its clients, colleagues, and borrowers to know that the Community Loan Fund is here for them. “While the health of our staff, clients, and stakeholders is our number one priority, we are steadfast in our commitment to our mission and we are working [Read More]
Community Loan Fund provides training and impact investing opportunities for Millennials through Emerging Investors Network
March 5 - The Community Loan Fund of the Capital Region knows that Millennials want to be investors and philanthropists – there’s just a lot that gets in their way: student loan debt, credit card debt, unemployment, shrinking wages. On March 10, the Community Loan Fund, in partnership with Simmons Capital Group, will present a free workshop, “Financial Planning: 5 Tips for [Read More]
Local advocates urge federal government not to strip “Community” out of the Community Reinvestment Act
January 16 - The Community Reinvestment Act was a landmark civil rights law passed in 1977 to end discrimination that was once common in America’s banking and housing markets. The law made a huge difference. A trillion dollars or more went to low- and moderate-income neighborhoods that were once excluded from the American Dream. This year, the Office of the Comptroller of [Read More]
Governor Cuomo Proposes $25 Million in New Funding for CDFIs
January 8 - Governor Andrew Cuomo announced on Monday a proposal to provide $25 million in new seed funding over five years for New York’s CDFI Fund through the creation of the Excelsior Banking Network. Read full announcement here. The proposal, announced in conjunction with his 2020 State of the State agenda, will increase access to safe, affordable bank accounts and small-dollar [Read More]
New Fundraising Program: Loan Fund partners with ReWire
January 7 - ReWire Energy believes in the power of community and giving back. For each Community Loan Fund supporter that subscribes to community solar, they are making a $50 donation to our organization! Community Loan Fund of the Capital Region is proud to partner with ReWire Energy to provide our supporters with access to community solar. No, we are not asking [Read More]
Community Loan Fund of the Capital Region wins $800,000 in REDC funding for incubator facility onto Clinton Avenue
December 20 - The Community Loan Fund is proud to announce that the business incubator expansion project has received $800,000 as part of this year’s REDC Awards. The project is one of 120 project in the Capital Region, which was a top performer, snagging $84.1 million in funding. The Community Loan Fund of the Capital Region plans to construct a $4 million [Read More]
