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News November 8, 2022

Reinvestment News Fall 2022

 
 
News October 19, 2022

Reinvestment Fund Announces New Chief Diversity Officer

 
 
News August 8, 2022

Reinvestment News Summer 2022

 
 
News May 6, 2022

Reinvestment News Spring 2022

 
 
News February 2, 2022

Five Nonprofits Receive Reinvestment Fund’s Community Champion Awards

Reinvestment Fund announced five nonprofits as winners of its 2021 Community Champion Award: Georgia Justice Project , Southern Center for Human Rights, Youth Sentencing and Re-entry Project, Gangstas to Growers, and The Liberation Foundation.

 
 
News January 28, 2022

Reinvestment Fund Promotes Two Executive Leaders

Cheila Fernandez named Chief Operating Officer and Sara Vernon Sterman named Chief Program Officer

 
 
News January 25, 2022

Ivy Dench-Carter and Raquel Favela Join Reinvestment Fund’s Board of Directors

Reinvestment Fund is pleased to welcome Ivy Dench-Carter and Raquel Favela to its Board of Directors. Ms. Dench-Carter is Senior Vice President of Development of Pennrose, a nationally acclaimed developer and manager of high-quality affordable, conventional, mixed-income, mixed-use and master planned communities. Ms. Favela is Senior Executive Vice President at the nation’s oldest non-profit technical advisory services firm, National Development Council (NDC).

 
 
News December 10, 2021

Happy Holidays: Celebrating Our Community

 
 
News August 13, 2021

New Program to Help Early Learning Providers Gain Financial Success

Reinvestment Fund celebrates the graduation of the first cohort of 15 financial professionals from its Train the Trainer (TTT) program dedicated to the early childhood education (ECE) community.

 
 
News August 3, 2021

Support the proposed Community Revitalization Fund (CRF)

We urge you to add your organization to a sign on letter in support of the Biden-Harris Administration’s proposed Community Revitalization Fund (CRF).

 
 
News August 2, 2021

Reinvestment News Summer 2021

A new collaborative aims to level the playing field in education, health and workforce readiness for young people in East Tampa, Florida.

 
 
News June 10, 2021

Reinvestment Fund Applauds USDA’s Actions to Strengthen Food System

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.

 
 
News May 25, 2021

Reinvestment Fund welcomes Kareem Thomas as new Managing Director of Credit

Reinvestment Fund announced Kareem Thomas as its new Managing Director of Credit.

 
 
News May 11, 2021

Reinvestment News Spring 2021

Regardless of race, class or income, communities everywhere want to make things better for generations to come. The use of safe, clean, locally-made energy from the sun is a way to ensure the well-being of future generations while also helping homeowners invest in their homes.

 
 
News April 29, 2021

Wells Fargo Announces $8.35 Million in New Relief Aid to Help Pennsylvania Small Businesses Impacted by Covid-19 and Civil Unrest

 
 
News April 20, 2021

Justice for George Floyd

We at Reinvestment Fund hope that this moment of accountability will blossom to create a just future where all of us can truly thrive. A future where everyone is safe and protected, regardless of skin color or identity.

 
 
News April 15, 2021

Reinvestment Fund welcomes Steve Chung as new Senior Director for Clean Energy and Sustainability

 
 
News March 25, 2021

Reinvestment Fund stands with the Asian American and Pacific Islander community against racism, hate and violence

 
 
News March 10, 2021

Reinvestment Fund Selected to ImpactAssets 50 2021

Reinvestment Fund has been selected by ImpactAssets to the ImpactAssets 50 2021 (IA 50), a free online database for impact investors, family offices, financial advisors and institutional investors that features a diversified listing of private capital fund managers delivering social and environmental impact as well as financial returns.

 
 
News February 10, 2021

Reinvestment News Winter 2021: Expanding educational opportunities and more

Reinvestment Fund has been selected by ImpactAssets to the ImpactAssets 50 2021 (IA 50), a free online database for impact investors, family offices, financial advisors and institutional investors that features a diversified listing of private capital fund managers delivering social and environmental impact as well as financial returns.

 
 
News February 9, 2021

Strategies to Drive Community Development Capital to Small and Midsized Cities

 
 
News January 14, 2021

Two Nonprofits Receive Reinvestment Fund’s Community Champion Award

Researchers from the University of Pennsylvania Carey Law School and the Reinvestment Fund announced today the release of a pathbreaking research brief that proposes the use of fair housing law to work toward the end of segregation.

 
 
News January 13, 2021

Reinvestment Fund Earns Spot on Top 150 Impact Companies List of 2021

Reinvestment Fund is among the 150 newly selected winners of Real Leaders 2021 “Top Impact Companies” from around the world. The Impact Awards is a global ranking of companies whose products or services address social or environmental challenges.

 
 
News January 8, 2021

The People’s House

Our nation witnessed terror as a mob stormed the U.S. Capitol to disrupt the validation of the 2020 presidential election on January 6th. Our beautiful Capitol building and the democratic process did not instill awe or respect as it should. Instead we saw the crowd bring vandalism, Confederate flags, weapons and violence. The act was shameful and unpatriotic.

 
 
News December 15, 2020

Reinvestment Fund Launches Building Healthier, More Equitable Communities Initiative in New Jersey

 
 
News December 15, 2020

Reinvestment Fund Receives Catalytic Gift from Mackenzie Scott

Reinvestment Fund announced that it has received a major gift from philanthropist Mackenzie Scott. Reinvestment Fund is among 384 organizations who received a total of $4.2 billion today as part of Ms. Scott’s giving to organizations working to alleviate suffering for those hardest hit by the pandemic.

 
 
News December 9, 2020

Reinvestment Fund Awards $3 Million to Improve Healthy Food Access in Underserved Communities

Reinvestment Fund today announced $3 million in financial assistance awards to 20 projects through the 2020 round of America’s Healthy Food Financing Initiative’s (HFFI) Targeted Small Grants Program.

 
 
News September 24, 2020

Reinvestment News Fall 2020: Justice, Kauffman Knowledge Challenge and more

 
 
News September 21, 2020

Reinvestment Fund Announces Inaugural Nowak Fellow

 
 
News September 21, 2020

Honoring Justice Ruth Bader Ginsberg

We at Reinvestment Fund mourn the death of the indomitable Justice of the Supreme Court, Ruth Bader Ginsburg, who made it her life’s work to dismantle and eradicate the practice of systematic discrimination against women, Black and brown people, and LGBTQ people.

 
 
News September 21, 2020

Reinvestment Fund Announces Inaugural Nowak Fellow

“Jeremy had a deep appreciation for combining the richness and rigor of academia with an orientation of tangible accomplishment,” shared Don Hinkle-Brown, President and CEO of Reinvestment Fund. “With this fellowship in his memory, we are delighted to be able to give a student the opportunity to gain some real-life experience in their chosen field as part of their professional growth.”

 
 
News September 10, 2020

Learning to Change: Reflections of the CDFI Racial Equity Collaborative on Education

 
 
News July 23, 2020

Reinvestment News Summer 2020: New NMTC Award, Supporting HBCUs, and More

 
 
News June 3, 2020

Committed to Action: Our Response to Racial Injustice

Everything now, we must assume, is in our hands; we have no right to assume otherwise.

 
 
News May 20, 2020

Healthy Food Financing Initiative Announces $3 Million Available in Funding

Reinvestment Fund is inviting applications for financial and technical assistance through the 2020 round of the Healthy Food Financing Initiative (HFFI) Targeted Small Grants Program.

 
 
News May 19, 2020

HFFI Funding Round Opens and more

Reinvestment Fund is inviting applications for the 2020 round of the Healthy Food Financing Initiative (HFFI) Targeted Small Grants program. The 2020 HFFI round significantly increases the available funding compared to the previous round, making $3 million in grant funds available for food retail and food enterprises working to improve access to healthy food in underserved areas, to create and preserve quality jobs, and to revitalize low-income communities.

 
 
News May 7, 2020

Supporting Child Care, Small Businesses and more

Reinvestment Fund has begun awarding grants to childcare providers, early intervention and home visiting service organizations under the Philadelphia Emergency Fund for Stabilization of Early Education (PEFSEE) program. PEFSEE is a collaboration of the William Penn Foundation, Vanguard’s Strong Start for Kids Program™ and Reinvestment Fund to support Philadelphia childcare providers who are struggling to sustain their businesses and early learning support for families through closures caused by the COVID-19 pandemic.

 
 
News April 20, 2020

How you can help in the COVID-19 crisis

Reinvestment Fund today released a new analysis that identifies Rural Food Access Investment Areas (Investment Areas). These Investment Areas are places in rural America that do not have easy access to healthy food retail but have the market demand to support investments in new and existing place-based solutions. Reinvestment Fund has identified 1,472 Investment Areas that are home to 11.7 million people in the rural U.S.

 
 
News April 9, 2020

Our Response to COVID-19 (Update)

Given the significant measures in the U.S. at this time to lessen the spread and impact of COVID-19, Reinvestment Fund has activated its remote work policy for all employees.

During this time, all services are available and employees are accessible through their direct lines or via email during business hours of 9 am to 5 pm EST.

 
 
News April 7, 2020

Statement on Proposed Community Reinvestment Act Rulemaking

Early in 2020, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) published their proposal for comprehensive amendments to the rules implementing the Community Reinvestment Act (CRA). The following statement is Reinvestment Fund’s response to the proposed changes and was submitted to the OCC as part of our comments.

 
 
News March 16, 2020

Our Response to COVID-19 (Update)

Given the significant measures in the U.S. at this time to lessen the spread and impact of COVID-19, Reinvestment Fund has activated its remote work policy for all employees.

 
 
News March 12, 2020

Our Response to COVID-19

An update on the steps we are taking to ensure the wellbeing of our staff and minimize business disruption

We are carefully monitoring the evolving Coronavirus (COVID-19) situation and are taking steps to ensure the wellbeing of our staff, partners and the communities we serve. As we continue to plan on minimizing business disruption, we’d like to share with you some updates and steps we are taking to manage the potential impact.

 
 
News February 5, 2020

Atlanta’s Leading Social Impact Fund Invests $1.5 Million in Reinvestment Fund

GoATL Fund (GoATL), an impact investment fund launched by the Community Foundation for Greater Atlanta, announced $1.5 million in two investments to Reinvestment Fund. The first investment, $1 million, will expand Reinvestment Fund existing GoATL investment supporting a diverse portfolio of impactful projects throughout metro Atlanta. The second investment of $500,000 will target support to early childhood education (ECE) projects across the region.

 
 
News February 3, 2020

Reinvestment News Winter 2020: Advancing economic, social and health equity

We are grateful for another impactful year—your support and investment in Reinvestment Fund helped us originate $158.5 million in 2019 to finance homes that families can afford, schools where students can succeed, stores to get nutritious food, and strong businesses.

 
 
News January 29, 2020

CEOs of Four National CDFI Loan Funds Comment on CRA Rulemaking

We are deeply concerned by Comptroller Joseph Otting’s proposed changes to the Community Reinvestment Act (CRA), the subject of today’s hearing by the House Financial Services Committee. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have set forth a proposal that must be reevaluated to preserve the fundamental purpose of CRA – to address inequalities in bank lending and to drive investments toward impactful community development activities.

 
 
News January 23, 2020

Bread & Roses Community Fund receives Reinvestment Fund’s Community Champion Award

Bread & Roses Community Fund, the leading funder of grassroots organizing for racial, social, and economic justice in the Philadelphia region, is receiving a $15,000 Community Champion Award from Reinvestment Fund in recognition of its work supporting grassroots organizing for change, and to fuel that work in the future.

 
 
News January 15, 2020

Reinvestment Fund CEO Appointed as Chair of the Federal Reserve Board’s Community Advisory Council

The Federal Reserve Board recently announced Reinvestment Fund CEO, Don Hinkle-Brown, to serve as Chair of its Community Advisory Council (CAC). Mr. Hinkle-Brown previously served a term as Vice Chair beginning in 2018. The CAC is composed of a diverse group of experts and representatives of consumer, workforce, and community development organizations and interests, including from such fields as affordable housing, economic development, labor, small business, and asset and wealth building. CAC members provide information, advice, and recommendations to the Board on relevant policy matters and emerging issues of interest.

 
 
News December 20, 2019

FY 2020 Spending Package Boosts Farm Bill’s Healthy Food Financing

This week, the House and Senate cleared the fiscal year 2020 spending bills. The legislative packages include increased investment in the United States Department of Agriculture’s Healthy Food Financing Initiative (HFFI). HFFI is administered by Reinvestment Fund on behalf of USDA Rural Development to improve access to healthy food in underserved areas.  The bills now await the President’s signature. Read our full statement.