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Community Loan Fund – News & Events

Community Loan Fund News

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]

SRI Announces Small Business Recovery Program – Includes PPE Kits

As businesses begin the reopening process, many feel overwhelmed by the public health regulations and may not know where to turn. Strategic Response Initiatives (SRI) has launched a volunteer program aimed at helping small businesses reopen safely in response to COVID-19. These reopening kits will be donated by SRI and its partners to minority owned, disadvantaged, and small businesses located in New [Read More]

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