Community Loan Fund – News & Events
Community Loan Fund News
Community Loan Fund announces first round of COVID-19 Small Business Assistance Grants
October 29 - The Community Loan Fund of the Capital Region awarded $121,000 in grants to small businesses impacted by COVID. These grants are part of the City of Schenectady’s Small Business Assistance Program and will help businesses adjust to the challenges of the pandemic. The grants were awarded at a special ceremony on October 29, 2020 at 10am at the Schenectady [Read More]
U.S. Treasury Awards $788,750 to Community Loan Fund of the Capital Region
September 25 - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded the Community Loan Fund of the Capital Region $788,750 to increase lending and investment activity in low-income communities across the Capital Region. “This funding comes at a crucial time,” says Linda MacFarlane, Executive Director for the Community Loan Fund of the Capital Region. “We will [Read More]
City of Schenectady and Community Loan Fund Announce Funding for Small Businesses Impacted by COVID-19
SCHENECTADY – The City of Schenectady and the Community Loan Fund of the Capital Region announced a Small Business Assistance Program to award $250,000 in grants and technical assistance to local small businesses impacted by the COVID-19 pandemic. The program will offer small business grants up to $10,000 to help businesses adapt to the challenges of pandemic. “The COVID-19 pandemic and subsequent [Read More]
Presenting more COVID-19 grant recipients
The Community Loan Fund of the Capital Region is proud to continue our COVID-19 Small Business Continuity Program. We would not be able to provide these grant awards without the generous support of our funders: Neil and Jane Golub, John and Beverly Petiet, Capital Region Chamber, Berkshire Bank, Citizens Bank, KeyBank, as well as other community organizations and municipalities. With their support, we [Read More]
NY Forward offers loans for small landlords hurt by COVID
Recently Governor Cuomo announced the New York Forward Loan Fund (NYFLF), a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits, and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE. The NYFLF targets the state’s small businesses with 20 or fewer employees (90% of all businesses), nonprofits, and small landlords that have [Read More]
SRI donates recovery kits to MWBEs
June 9 - Strategic Response Initiatives (SRI) today announced the launch of a small business support program aimed at helping these businesses reopen safely in response to COVID-19. SRI’s kits include strategic guidance and access to Personal Protective Equipment (PPE) supplies. This new program from SRI is supported by the Upstate New York Black Chamber of Commerce, the Community Loan Fund of [Read More]
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