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NFF and Trinity Church Launch Faith in Our Communities Fund for Community Development Projects
Jul 10, 2024•almost 2 years ago
Contract Type
partnership
New YorkNon Profit
Description
Nonprofit Finance Fund (NFF) and Trinity Church have partnered to launch a pilot program serving faith organizations as they pursue community development projects. The Faith in Our Communities Fund will allow NFF to provide flexible pre-development loans, backed by Trinity’s credit guarantee, to faith organizations often unable to access mainstream sources of capital. The program will provide more runway to religious organizations to plan strategically for the use of their property without succumbing to the pressure to make short-term decisions with long-term assets.
Company Information
Company
Nonprofit Finance Fund (NFF) and Trinity Church
Location
New York, New York, United States
About
Nonprofit Finance Fund (NFF) and Trinity Church have partnered to launch a pilot program serving faith organizations as they pursue community development projects.
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New YorkNon Profit