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Investment Connection

Investment Connection brings together nonprofit organizations, bankers, foundations, and public and private funders in the regions served by the Federal Reserve Bank of Richmond to explore community development opportunities that fit their mission, especially in low- and moderate-income, distressed and underserved communities. The Richmond Fed serves Virginia, Maryland, Washington D.C., North Carolina, South Carolina and most of West Virginia. Investment Connection was launched in the Maryland-Washington D.C. region and is expanding in 2020 to parts of Virginia.

Invest in your Community

Learn More About Proposals

View these concise videos about some of the proposals we’ve received, then visit the Funders Portal to discover more high impact projects. Register here to participate in the July 23 Baltimore Pitch Session and here for the July 30 Washington, D.C. Pitch Session.

For Organizations

Organizations with projects deemed eligible under the Community Reinvestment Act (CRA) may submit community and economic development projects through a Request for Proposal process. Organizations may submit multiple projects for consideration, but only one project per CRA specified category.

Typical issues addressed include, but are not limited to:

  • Asset building/financial education
  • Community facilities
  • Small business development/micro lending
  • Healthy neighborhoods/affordable housing
  • Workforce development

The spring 2020 application season concluded on May 1 and proposals from Virginia are currently under review.

Proposals from Maryland and Washington, D.C. also remain active in the Funders Portal and are accessible for review by potential funders.

If you have questions about this year’s process or future Investment Connection opportunities, contact us through the Investment Connection mailbox.

Video is temporarily unavailable.

Disclaimer: The Federal Reserve Bank of Richmond is not a grantmaking organization. The purpose of its convening the Investment Connection program is to facilitate education, information sharing and potential opportunities related to the CRA. The Richmond Fed does not endorse or make any representations as to the propriety or suitability of the participating organizations investments or programs. Organizations should perform their own due diligence before engaging in any transactions with these entities to ensure that any such transactions meet the organization’s objectives.

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