REDC Awarded One Million Dollars from CDFI Program

Raymond, NH – The Regional Economic Development Center of Southern New Hampshire (REDC) is pleased to announce the U.S. Department of the Treasury's Community Development Financial Institutions Fund has issued a one million dollar award to REDC through the 2016 Community Development Financial Institutions FA Program (CDFI). The purpose of this award, which is part loan and part grant, is to ensure lending and investment activity in low-income and economically distressed communities. For the FY 2016 CDFI Program round, the CDFI Fund awarded $170.2 million in Financial Assistance and Technical Assistance to 158 organizations in 48 states, including the District of Columbia. REDC is the only or

The Regional Economic Development Center (REDC)

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