Edward Waters College (EWC) is Florida’s first Historically Black College or University (HBCU), and has played an indispensable role in providing higher educational opportunities to thousands of students of color, many of them first-generation college students. Reinvestment Fund provided financing to the private, non-profit HBCU in Jacksonville, transforming the College’s financial health and positioning it for long term financial stability.Read Story
The communities we serve are feeling the deep financial and social impacts of COVID-19. Reinvestment Fund is working with our borrowers and partners to help them access local, state, federal and philanthropic emergency resources as they become available. Our goal is to help alleviate some of the immediate financial pressures and ultimately to preserve local assets.Learn more
Reinvestment Fund applauds news this week from the U.S. Department of Agriculture that it will invest more than $4 billion to strengthen critical supply chains in the food system. Part of the Biden Administration’s Build Back Better initiative, the new effort will strengthen the food system, create new market opportunities, tackle the climate crisis, help communities that have been left behind, and support good-paying jobs throughout the supply chain.
“COVID-19 shined a light on the need for stronger local food supply infrastructure, as grocery stores and food producers became essential businesses and lifelines for families,” said Don Hinkle-Brown, President and CEO of Reinvestment Fund. “We commend the Administration and the USDA for this transformational investment that recognizes the food system as essential infrastructure for local and regional economies.”Read More
A research brief by Reinvestment Fund and the Housing Initiative at Penn (HIP) that examines the experiences and perspectives of residential rental property owners and managers in Philadelphia. The brief examines challenges that landlords faced—including how they dealt with evictions—prior to the onset of the COVID-19 pandemic; new or increased difficulties stemming from the pandemic; and landlords’ engagement with and attitudes towards programs aimed at stabilizing tenants in rental housing. The brief also presents considerations for policymakers as they contemplate both short-term and long-term strategies to reduce housing instability.