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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.

Peter Dolkart and Tiffany Hollin-Wright with the Richmond Fed share information in the replay of this recent webinar about the March 30 – May 1 application window for Investment Connection. The webinar was hosted by the Virginia Association of Community Banks (VACB) and the Community Reinvestment Coalition of Virginia (CRCVA). 

Webinar

Learn About the Application Process

Video is temporarily unavailable.

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

Proposals will be accepted from March 30 - May 1, 2020 from:

Thank you for your interest. Please return to this page on March 30 to begin submitting your proposals. If you have questions, please 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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