News & Events2021-04-13T14:35:56-04:00

Community Loan Fund – News & Events

Community Loan Fund News

Taofeek Abijako’s brand HEAD OF STATE+ returns to New York Fashion Week

Taofeek Abijako is a 22-year old entrepreneur who started his fashion line when he was just 17. He was a gifted artist who excelled in the graphic arts since childhood. In his early teens, Taofeek discovered his father’s old sketchpads from his days as a fashion designer in Nigeria. Soon, he was designing his own clothing line. He set up his clothing [Read More]

Community Loan Fund launches Capital Region Community Investment Trust

In its ongoing mission to promote financial inclusion, the Community Loan Fund of the Capital Region has launched the Capital Region Community Investment Trust (CIT). The Community Investment Trust (CIT) is an innovative investment model designed to build assets in economically distressed communities. The Capital Region CIT provides local residents with a low-dollar, tangible, and safe opportunity to collectively own a piece [Read More]

Town of Colonie Awards Small Business Grants: New grant program assists two businesses in first round, more to come

Today, the Town of Colonie announced its first round of small business grant recipients as part of its new “Small Business Low to Moderate Income Job Retention Grant Program.” The program is awarding $20,000 to two businesses in this, the first round of the grants. “These small business grant recipients are names and faces we all recognize, and I’m very pleased that [Read More]

Hearts and Mind Training Center graduates more trained phlebotomists at incubator

LaQuetta Ellis and Odaysia Burton- Garland opened their phlebotomy training center at the Community Loan Fund Small Business Incubator in February 2020, just in time for the COVID pandemic, a national health emergency that would challenge the healthcare industry and rock the new school. "I definitely thought about not doing it. I thought, 'Maybe this is God telling me not to do [Read More]

Meet more Troy Small Business Grant Recipients

Last week, the City of Troy partnered with Community Loan Fund to award $300,000 in grants and training to small businesses impacted by COVID. Mayor Patrick Madden explained, “While significant progress has been made to reopen our economy through vaccinations and science-based policy decisions, many of our small businesses are still reeling from the effects of the pandemic. This grant funding will [Read More]

Community Loan Fund wins $1.2 million from US Treasury’s Rapid Response Fund: Announcement made by Vice President Kamala Harris alongside Treasury Secretary Janet Yellen

The U.S. Department of the Treasury today awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs) – including the Community Loan Fund of the Capital Region. The Community Loan Fund will receive $1,278,385 to support our lending activities. The awards were announced by Vice President Kamala Harris at the White House with Treasury Secretary Janet L. Yellen. [Read More]

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