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April 18, 2021

Find out about the Foundation??™s influence Investing effort; find out about Capital Good Fund.

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Our other impact assets

After are snapshots of extra effect assets, by date these people were made:

A loan was received by the Public??™s Radio of $1 million to pay for donor pledges during its money campaign. The loan permitted the place to buy and relocate its FM sign to assist expand its programming and audience. In the 1st 12 months, the place reported a 7% rise in listenership over 2018.

One neighbor hood Builders (ONE|NB) received a $806,000 loan to support the Protecting Providence Property system, a pilot work www cashland loans to give you affordable domiciles to middle-income group households. ONE|NB purchased and rehabilitated four properties (six housing units in total) and leased to six families making $45,000 – $75,000 each year. Financial counseling is given by ONE|NB when it comes to renters to sooner or later buy the domiciles these are generally leasing. Study our tale about this investment.

Urban Greens received a $300,000 equity investment to create an 8,000 foot that is square community-owned co-op food store at 93 Cranston Street in Providence. The store successfully exposed in June 2019 and it has skilled sales that are steady neighbor hood residents as well as others when you look at the Providence metro area. Urban Greens will continue to focus on supplying affordable natural choices, partnering with neighborhood food producers, and serving neighborhood residents with cooking demonstrations along with other academic occasions. (weiterlesen …)