Member News

Monday, July 20, 2020
CHEFA whiffs on $63M in tax credits for CT nonprofit developments

HARTFORD, CT -- Aquasi-public state agency that hoped to draw $63 million in federal tax credits to finance nonprofit development projects in low-income and distressed areas has struck out on its first attempt. The Connecticut Health and Educational Facilities Authority (CHEFA) was not on a list --  released by the U.S. Treasury last week -- of successful applicants for the so-called New Market Tax Credit program, created in 2003 to attract private investment for developments in poorer census tracts. CHEFA will try again when it submits an application later this year for the next round of credits, which will be awarded about a year from now.

Monday, July 20, 2020
Nellie Mae Education Foundation Announces Their Supporting Organizations Led By People of Color and Amplifying Youth Voice Grant Recipients

QUINCY, MA -- Nellie Mae Education Foundation announced their first grant awards under their new organizational strategy to advance racial equity in public education. The Supporting Organizations Led By People of Color grants will provide $100,000 annually for three years to organizations led by leaders of color who are working to transform barriers to racial equity in public education. The Amplifying Youth Voice grants seek to amplify the authentic voices of young people throughout New England, supporting their participation in decision-making that affects their futures. This grant fund will support youth organizing groups with three-year general operating support grants of $52,750 annually, as well as technical assistance focused on building their capacity, power, and voice.

Read more @ Nellie Mae Education Foundation >>
Thursday, July 16, 2020
Community Food Drive to Be Held on August 7 & 8 at Danbury Fair Mall

DANBURY, CT -- United Way of Western Connecticut is partnering with the Danbury Fair Mall to conduct a food drive to benefit the Danbury Food Collaborative and its member pantries. Pantries are in desperate need of donations, as their shelves have been emptied by an overwhelming need for food as families face the economic fallout of the COVID-19 pandemic.

Tuesday, July 7, 2020
The Partnership Loan Program for Minority- and Women-Owned Businesses in New Haven and the Lower Naugatuck Valley

NEW HAVEN, CT -- A new public-private partnership is offering low-interest and partially forgivable loans to local minority-owned and women-owned small businesses. The initial loan pool of $1.5 million will offer loans of up to $25,000 for small businesses located in New Haven and the lower Naugatuck Valley cities of Derby and Ansonia. The Partnership Loan Program for Minority- and Women-Owned Businesses in New Haven and the Lower Naugatuck Valley was created through a partnership among The Community Foundation for Greater New Haven, HEDCO, Inc., the Amour Propre Fund and The City of New Haven.

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