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.

A $15.2 billion budget approved by the House would raise taxes on millionaires, create a state inspector general’s office and preserve Rhode Island’s 2033 renewable energy target
The Pulitzer Prize-winning scholar of the American Revolution taught at Brown University for decades and was one of the country’s most influential historians
The legislation comes after a scathing report that detailed decades of clergy abuse and potential cover-ups within the Diocese of Providence
Why is progress on the state’s top hurdles so elusive?
A new state report lays out the numbers behind a familiar problem: fewer doctors, longer waits and growing barriers to care
Wilbury’s ‘Girl from the North Country’ brings Bob Dylan’s music to a moving Great Depression-era story, while the Gamm’s ‘Cat on a Hot Tin Roof’ delivers big performances for a towering classic