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.

Summer reading, zine-making, a speculative horror book club and a chance to meet the Providence mayoral candidates – here’s what’s going on in July throughout the nine Community Libraries of Providence
After a powerful heatwave swept across the northeast last week, Possibly turned to its archive, looking for lessons about how to better prepare for extreme heat. We travel to Ahmedabad, India to learn more
Ocean State Media is partnering with 11 Rhode Island libraries on The Books That Grew Us, a new program that helps readers explore how books, media and storytelling shape their lives
At Ashawaug Farm in Hopkinton, Narragansett growers are preserving heritage crops while navigating cuts to federal programs that helped small and tribal producers
A fiscal watchdog group recommends tightening oversight of education spending as the state continues to struggle with improving educational outcomes
A new nonprofit owner has raised nearly half of its initial renovation budget and says more than 100 prospective tenants have expressed interest