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
2020 was a challenging and full year. For Reinvestment Fund, the year included launching relief programs to respond to the economic hardships resulting from the pandemic. We leaned in as a dependable financing partner to help impactful projects stay on track and we continued to explore research-driven solutions for pressing policy issues, particularly around eviction. As our nation continues to grapple with the health, social and economic impacts of the pandemic, we are grateful for the collaborations and support that have been crucial to helping people and places in need. We closed 2020 with $205 million in community investments.
In the Philadelphia region, we provided $6.7 million in grants to 416 providers to minimize the loss of capacity and expertise in the early childhood education sector so that children and families continue to have access to quality early learning opportunities once this crisis has passed.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.