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.

The Providence-based bank says it will end its financial relationships with two companies that operate ICE detention facilities after months of protests and major withdrawals by customers and municipalities
Regenerative cattle grazing gained momentum as a way to make beef production more climate-friendly. But on the ground, the actual results get complicated
The Tartan Army drank New England dry, Cabo Verde made history and Providence threw one spectacular soccer party
Former Rhode Island House Speaker Joe Shekarchi hopes to land on the Rhode Island Supreme Court
A conservation effort based at South Kingstown’s Trustom Pond National Wildlife Refuge is helping American oystercatchers rebound along the Atlantic and Gulf coasts, even as rising seas threaten their nesting grounds
The proposed RENT program would pay landlords up to $3,000 on behalf of struggling tenants, but councilors want safeguards against rent hikes and evictions