Renaissance Community Development Credit Union

Somerset NJ


Renaissance Community Development Credit Union is a CDFI and an emerging, community development Credit Union. It is devoted to serving the Renaissance 2000 Target Area of Brunswick and Somerset counties, New Jersey -- a CDFI Hot Zone.

CDFI Awards for Renaissance Community Development Credit Union


TA (2004) - $27,645

Renaissance Community Development Credit Union(RCDCU) will use the award to take the next step toward offering its members a full-time, full-service institution. Renaissance Community Development Credit Union will use its award of $27,645 to conduct strategic planning, provide training for Board and staff on loan program operations, to provide MIS support, to develop marketing materials in Spanish and increase its service to the Spanish-speaking community, and to increase its outreach to the community.



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Featured Government Grant Resources


Small Business Administration's Portable Assistance Program

The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.







Small Business Administration's Recovery Capital Loans

The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.




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