New Investment Fund Aims to Revitalize
Rhode Island Communities

The fund will offer loans or equity investments to first-time resident real estate developers and small businesses in neighborhoods that have historically been excluded

The Rhode Island Community Investment Cooperative has created a new community investment fund.
The Rhode Island Community Investment Cooperative has created a new community investment fund.
Jessica David
Share
The Rhode Island Community Investment Cooperative has created a new community investment fund.
The Rhode Island Community Investment Cooperative has created a new community investment fund.
Jessica David
New Investment Fund Aims to Revitalize
Rhode Island Communities
Copy

The Rhode Island Community Investment Cooperative has launched a new community investment fund.

The initiative is designed to encourage the creation of small businesses and real-estate projects in neighborhoods that have been historically excluded from traditional forms of investment.

Luis Hernandez of The Public’s Radio spoke with Jessica David, the president and CEO of the Rhode Island Community Investment Cooperative. They discussed the fund and how it will work.

This interview was conducted by The Public’s Radio. You can read the entire story here.

From a world-premiere play in Woonsocket to a 12-hour music marathon at Brown and Rhode Island’s biggest Armenian food celebration — here are our top picks for things to do this weekend across the Ocean State
Airport spokesperson Bill Fischer: ‘We are working with every airline that services PVD to understand local impacts’
Dr. Rasha Alawieh remains in Lebanon with five-year ban on her return
Superintendent Dawn Bartz is on paid administrative leave pending the outcome of a legal review that the Smithfield school district hired to investigate the incident of senior football players hazing a Jewish freshman
An independent monitor says the district and RIDE have met the terms of a 2023 settlement that required faster evaluations and placement for 3- to 5-year-olds with disabilities, effectively closing the federal class action case
Food insecurity is getting worse in Rhode Island, and the recent disruption of SNAP benefits is only partly to blame