Weinberg Foundation Partners with CDFIs on COVID-19 Response
Weinberg Foundation Enters New Grantmaking Space Through Partnership with Community Development Financial Institutions
The Harry and Jeanette Weinberg Foundation announced $7.5 million in grants to Hawaiʻi Community Reinvestment Corporation (HCRC), IFF, and NFF to provide affordable and flexible loans, technical assistance and financial counseling, and increased access to affordable capital for communities of color, including Native Hawaiian nonprofit leaders.
These loans will support economic and cultural opportunity by investing in nonprofit organizations such as local health centers, schools, and community centers in areas where conventional financing is typically unavailable or unaffordable. This partnership with the Foundation will support organizations across the country serving communities most severely impacted by COVID-19.