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Capital Available for Rural and Appalachian Community Facilities

Asset ClassRural, Health Facility, Commercial Real Estate, Community Facilities - Childcare, Community Facilities - Education, Community Facilities - Healthcare, Community Facilities - Other
GeographyAlabama, Kentucky, Maryland, Tennessee, Virginia, West Virginia
Amount$50,000,000
Interest Areas
Education
Environment/Energy
Food
Health
Housing
Impact Investing
Minority
Program Related Investment
Small Business
Transit
Veterans
Women

Uplift America has awarded $50 million to an established CDFI intermediary to fund nonprofits across the Appalachian portion of Kentucky, Tennessee, West Virginia, Virginia, Alabama, and Maryland. The new loan program will finance essential rural facilities such as healthcare centers, transitional housing, town halls, courthouses, libraries, food banks, street improvements, childcare centers, public safety services, and educational facilities.

The CDFI intermediary seeks nonprofit organizations working in high-poverty or persistent-poverty rural areas in Appalachia and will provide low-interest, long-term, fixed-rate loans as well as technical assistance and financial expertise.

The intermediary will add Uplift America funds to its existing resources for a more prosperous Appalachian region. The Uplift America Fund is a collaboration of government, philanthropy, and finance aimed at addressing poverty in rural America by directing significant capital toward creating needed community services and strengthening community-based lenders.

Interested nonprofits should click on the contact button to email the sponsoring organization.