West Sacramento, Calif. — California Insurance Commissioner Ricardo Lara appointed Rural Community Assistance Corporation (RCAC) Chief Executive Officer Suzanne Anarde to the California Organized Investment Network (COIN) Advisory Board this week.

West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) was awarded a $100,000   Morgan Stanley grant to support RCAC’s programs, specifically its new Re-Emerging Loan Fund (RELieF) to help small business borrowers recover from the COVID-19 crisis.

West Sacramento, Calif. — MUFG Union Bank Foundation awarded Rural Community Assistance Corporation (RCAC) a $25,000 grant, which will be used to support RCAC’s ongoing work with rural communities during the COVID-19 crisis.

WASHINGTON, D.C., June 10, 2020 – Twenty-eight organizations from 18 states and the District of Columbia will  elevate diverse voices and broaden the national conversation about poverty and economic mobility at a critical moment in our nation’s history as recipients of $100,000 grants in the Voices for Economic Opportunity Grand Challenge, sponsored by a group of eight philanthropic organizations.

West Sacramento, Calif. — In the quarter ending March 31, 2020, Rural Community Assistance Corporation (RCAC) closed 16 loans which totaled $35,171,466 in six states. The loans supported two water and wastewater connections for rural citizens, 177 housing units, 39,254 feet of community facility space, and created or retained 411 jobs.