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Cooperative Fund of New England
5533 Peden Point RoadHartford CT, 28409-4309
CDFI Awards for Cooperative Fund of New England
TA (2008) - $82,420
The Cooperative Fund of New England is a certified CDFI established in 1976. The Cooperative Fund makes loans and provides technical assistance to cooperative businesses, worker-owned enterprises, and nonprofit organizations. The Cooperative Fund serves a Low Income Targeted Population in six New England states and eastern upstate New York. Its FY08 Technical Assistance grant will enable it to: 1) procure contracting, 2) obtain new equipment, and 3) cover staff salaries.
FA (2007) - $207,718
The Cooperative Fund of New England (The Cooperative Fund) is a nonprofit 501(c) 3 certified CDFI. Established in 1975, the Awardee makes loans and provides technical assistance to cooperative businesses, worker-owned enterprises, and community-based nonprofit organizations in the New England area. The Cooperative Fund will use its FY07 FA Award to deploy a new patient capital, equity-like loan product called the Cooperative Capital Fund. The TA Award will help to launch and market the new product.
TA (2006) - $92,100
The Cooperative Fund of New England is a certified CDFI established in 1976. The Cooperative Fund makes loans and provides technical assistance to cooperative businesses, worker-owned enterprises, and nonprofit organizations. The Cooperative Fund serves a Low Income Targeted Population in six New England states and eastern upstate New York. The Cooperative Fund will use the 2006 TA grant of $92,100 to obtain a variety of technological, training, consulting and operating expense support. This support will enable the Cooperative Fund to add a new micro-venture capital product, upgrade its computer systems, and improve overall financial products and services for its clients.
CORE (1998) - $250,000
With the help of the CDFI Fund, CFNE will be able to expand its lending and build organizational capacity.
Other Community Development Financial Institutions in Connecticut
Bridgeport Neighborhood Fund, Inc.
Bridgeport
Cooperative Fund of New England
Hartford
Family Assets, LLC
Bridgeport
New Haven HomeOwnership Center, Inc.
New Haven
South Hartford Initiative
Hartford
Featured Government Grant Resources
Common Bean Productivity Research for Global Food Security Competitive Grants Program
In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.
Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
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