New York State Small Business Fund Shows Promise Reaching the Unreachable
October 6, 2020 LISC managed New York Forward Loan Fund (NYFLF) making a difference for diverse small businesses. NYFLF has focused on those small businesses that other programs haven’t. Seventy-four percent of the businesses funded so far are owned by women or people of color, and 86 percent have five or fewer employees.
Charlotte Housing Opportunity Investment Fund Suprasses its goal raise of $50M
September 5, 2019 In less than 18 months, a coalition of nonprofits, local government and businesses has pulled in $250 million worth of grants, land donations and low-cost financing to help solve Charlotte’s affordable housing crisis. The leader of the campaign, Foundation For The Carolinas CEO Michael Marsicano, on Thursday evening disclosed a combined $15 million in commitments to push a pair of housing funds past their target amounts.