West Sacramento, California — The U.S. Department of the Treasury awarded $1.826 million in COVID-19 relief funds to Rural Community Assistance Corporation (RCAC).
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Based on “Press Release”.
California Bank & Trust invests $1 million in Rural Community Assistance Corporation’s (RCAC) Loan Fund
West Sacramento, Calif. — California Bank & Trust (CB&T) invested $1 million in RCAC’s Loan Fund and provided a $10,000 grant to support RCAC’s Re-Emerging Loan Fund (RELieF), which assists California small businesses as they become operational post COVID-19.
Sacramento CDFIs California Capital, Opening Doors and Rural Community Assistance Corp receive $3M from Wells Fargo Open for Business Fund to Help Minority-owned Businesses Recover
Grants to provide access to capital and technical assistance for entrepreneurs in immigrant, indigenous and rural communities hardest hit by the COVID-19 pandemic
U.S. Economic Development Administration grants RCAC $2.5 million revolving loan fund for California’s Sierra Nevada region
West Sacramento, California — The U.S. Economic Development Administration (EDA) granted Rural Community Assistance Corporation (RCAC) $2.5 million to establish a revolving loan fund (RLF).
NorthStar Asset Management invests $495,000 in RCAC’s Loan Fund
West Sacramento, California — NorthStar Asset Management invested $495,000 in Rural Community Assistance Corporation (RCAC). NorthStar, a fixed income manager, works with its clients to construct portfolios that integrate their commitment to social change with their financial goals.