Community Loan Fund – News & Events

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Start: 2025-03-26
End: 2025-05-01

Community Loan Fund News

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]

Meet some of the Troy Small Business Grant Recipients

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 help businesses [Read More]

City of Troy awards $300K in Small Business Grants

June 7 – Mayor Patrick Madden today announced grant awards for 30 small businesses impacted by the COVID-19 pandemic. The city is awarding $300,000 in grants as part of its Troy Small Business Grant Program, a program administered by the Community Loan Fund in partnership with the City of Troy. Mayor Madden said, “While significant progress has been made to reopen our economy [Read More]

Keobi Restaurant celebrates one-year anniversary – receives Community Loan Fund grant

Obinna Nwagboso and his wife Kelechi opened their African restaurant Keobi in April 2020, just after the pandemic struck. It was a tough decision for them, Nwagboso says, but they had already come so far, it was unthinkable to turn back. "We tried to wait it out, but it didn't seem like it was getting under control. We had a plan, and [Read More]

NBT BANK CONTRIBUTES OVER $19,000 TO LOCAL COMMUNITY ORGANIZATIONS

NBT Bank recently contributed more than $19,000 to support the United Way of the Greater Capital Region, the Regional Food Bank of Northeastern New York and the Community Loan Fund of the Capital Region. The United Way brings together donors, volunteers and community organizations in a common mission to strengthen the community and improve social conditions in the Capital Region and beyond. [Read More]

Community Loan Fund, Godfrey Financial and Root3d launch financial/wellness workshop: New three-part series navigates financial trauma for women and BIPOC communities

The Community Loan Fund will partner with Godfrey Financial Associates and Root3d to present “Financial/Wellness: Overcoming Financial Trauma, Mapping a Path Forward” a three-part, healing-centered financial education series to help women and BIPOC. This free innovative new workshop series is presented in cooperation with Root3d, a wellness center that focuses on the liberation, healing and power of BIPOC through mind, body, and [Read More]

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