Social Investment Practice
Kresge Community Finance is a $30 million program-related investment (PRI) finance offering to certified Community Development Finance Institutions (CDFI) and quasi-public or private Development Finance Agencies (DFA) expanding opportunities for low-income people in America’s cities. The foundation will select applications through a competitive Request-for-Proposals (RFP). Successful nonprofit applicants also will receive an equity grant, equivalent to 5% of the amount of PRI financing disbursed. Information on how to apply can be found below. Download the full RFP for more information and to learn how to apply.
American Cities, Health