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Community Loan Fund – News & Events

Community Loan Fund News

Community Loan Fund Granted $3.7 Million from Capital Magnet Fund

The Community Loan Fund of the Capital Region has successfully secured $3.7 Million dollars in grant funding from the Capital Magnet Fund to promote and fund affordable housing and economic development activities in areas of low socioeconomic status. The Capital Magnet Fund was established in 2008 by way of the Housing and Economic Recovery Act and grant funding comes from Government-Sponsored Entities [Read More]

Community Loan Fund Announces Partnership with Healthy Alliance Network

The Community Loan Fund of the Capital Region has joined forces with Healthy Alliance as part of their "Resource Network" to offer more support to residents in need within the greater Capital Region. Participation in this network will allow the Community Loan Fund to refer clients to the Healthy Alliance that may have additional social needs such as hunger insecurity, difficulty finding [Read More]

Community Loan Fund Purchases Building for Community Investment Trust

The Community Loan Fund of the Capital Region has successfully purchased 153 S. Pearl Street, Albany, NY 12202, to serve as the primary location for the Capital Region Community Investment Trust. The Community Investment Trust will serve as a low-dollar, loss protected investment opportunity for residents residing within Albany's South End Neighborhood. Originally founded in Portland, Oregon; the trust is based around [Read More]

Community Loan Fund Named Recipient of Community Involvement Award

The Community Loan Fund of the Capital Region was honored to receive the "2019 Georgia Van Dyke Community Involvement Award" from the Schoharie County Chamber of Commerce on Thursday, May 19th at the Chamber's Annual Dinner Event. This event was held for award winners over the past three years due to the ongoing COVID-19 Pandemic. The award is given to an organization who [Read More]

Community Loan Fund Announces 9-Week Childcare Accelerator Course

In partnership with Brightside Up, Inc. a Capital Region based child care resource and referral agency (CCR&R); the Community Loan Fund of the Capital Region is launching a innovative 9-Week Childcare Accelerator Business Course seeking to bridge the gap between families in need and the on-going child care desert in the Capital Region. Child Care deserts are defined as areas that do [Read More]

ACES Named 2022 Diversity, Equity and Inclusion in Business Honoree

The Albany Center of Economic Success (ACES) has been named one of six recipients of the 2022 Diversity, Equity and Inclusion in Business Awards from the Albany Business Review. In order to be recognized for this award, individuals and entities must show a commitment to promoting practices, that advance diversity, equity, and inclusion in the workplace and within the business community."The Community [Read More]

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