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.

Scientists warn that rising ocean temperatures have pushed northern shrimp to the brink, prompting regulators to extend a decade-long moratorium on a fishery that was once a New England winter staple
Developed to catch health issues emerging in the ‘fourth trimester,’ the van provides daily blood-pressure monitoring, counseling, and community-based follow-up for Rhode Island mothers
The Wilbury Theatre Group’s latest production, “Octet,” explores the many ways technology can damage our lives and relationships
With band members straddling the Seekonk River, the Providence-based Moonlight Ramblers released a single about a driver hoping to get home on a broken bridge
From choir takeovers to Krampus markets, here are our picks for what to see and do across Rhode Island this week