影响力投资
The Central New York Community Foundation's local impact investing program has closed on a $490,000 deal for WCNY’s Entertainment Academy−a 28-week workforce development training program−until funding from a state grant contract is fulfilled.
The Central New York Community Foundation provided $1.86 million in short-term, low-interest recoverable grants to Home HeadQuarters to sustain critical affordable housing programs while the nonprofit awaited state and federal grant reimbursements.
This project is receiving funding from a Certificate of Deposit (CD) the Community Foundation has established in partnership with Pathfinder Bank.
A new agreement will allow VLPCNY to continue funding legal aid and anti-poverty programming while awaiting grants reimbursement.
