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.
The health and wellbeing of our staff, partners and the communities we serve are our priority and we continue to monitor the situation. Throughout, we continue to partner with stakeholders across the country who are working hard to bring their projects to successful fruition.
We have also been reaching out personally to our borrowers and partners to better understand challenges and how we can be helpful. We are currently supporting several small businesses and nonprofits in our portfolio to 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.
We are also working with investors and philanthropic partners to tailor responses to challenges we are seeing on the ground. The following are some new resources we have initiated to support communities impacted by the COVID-19 pandemic.
- Philadelphia Emergency Fund for Stabilization of Early Education (PEFSEE) is offering grants to support childcare providers in Philadelphia who are struggling to sustain their businesses through closures caused by the COVID-19 pandemic. The application period begins on April 6th.
- Home-Based Child Care Toolkit outlines actions funders and intermediaries can take now to establish emergency funds that can maintain the supply of home-based childcare for essential workers and stabilize the economic and housing status of home-based caregivers and providers.
- Information on Payroll Protection Program (PPP) — Reinvestment Fund has shared an information sheet on the program. Funding is available through banks or a lender that participates in the SBA 7(a) program.
We appreciate your support as we do our part to reduce the spread of the virus and hope that you, your families and loved ones remain healthy during this challenging time. Should you have any questions or need any additional information during this time, please do not hesitate to contact any Reinvestment Fund team member.
If you are a borrower and have questions about your loan, please send an email to: email@example.com
If you are an investor and have questions about your investment, please send an email to: firstname.lastname@example.org
For all other inquiries, please send an email to: email@example.com