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Albany non-profit is finalist for Truist Foundation Inspire Award

CSRWire - Albany Community Together, Inc. Receives $1 Million Grant from Truist Foundation

Albany Community Together, Inc., a leading network for Community Development Financial Institutions, announced it has received a $1 million grant from Truist Foundation.

Albany Community Together, Inc. Receives $1 Million Grant from Truist Foundation

Large donation set to transform South Albany

The Sherrod Institute’s Southwest Georgia Project and Albany Community together are moving forward with their $15 million regional food hub project.

Albany Community Together to host women veteran's event

The event is open to guard and reserve members and their spouses.

Wells Fargo awards $3 million to CDFIs supporting minority-owned small businesses

The Most Important Small Business Lending Program You've Never Heard of is Back and Bigger than Ever – Next City

The pandemic hit Albany “like a bomb,” wrote the New York Times last year. Around 90,000 people live in and around Albany, and seventy percent of them are Black, including Johnson and nearly all of her clients. “You can imagine every Black family either knows somebody or is someone affected by COVID-19,” Johnson told me in a May 2020 interview. “Three or four generations of a family may live in one house, so you’re seeing families with multiple cases across generations at one time. It has been the craziest thing, so much grief, so much pain, but people are persevering with their businesses because they want to provide a life for their families.”

$1 million grant to assist small businesses in pandemic recovery

ALBANY — Area businesses, some of which did not receive federal funding provided during a coronavirus federal economic stimulus this year, could get a shot in the arm from an infusion of $1 million that will help them keep their doors open. The grant, provided to Albany Community Together by Wells Fargo, is expected to help more than two dozen small businesses adapt and keep employees on the payroll. “We’re looking to help at least 30 businesses,” said Thelma Johnson, president and CEO of ACT!, a private, non-profit community development financial institution operating in Albany since 2020. “It will help businesses that are funded to recover and reinvest.”

Albany organization receives $1M to help Southwest Ga. businesses stay open

Albany organization receives $1M to help Southwest Ga. businesses stay open By Kim McCullough | December 10, 2020 at 2:48 PM EST - Updated December 10 at 2:48 PM ALBANY, Ga. (WALB) - One Albany organization has received funds to help Southwest Georgia businesses stay open during this critical holiday season for small businesses. Albany Community Together (ACT!) is getting more than $1 million to help small businesses stay open and save jobs. The organization was among the first to receive funds from Wells Fargo’s new Open Business Fund. ACT! said they will primarily use the funds for lending capital, loan loss reserves, and subsidies for loans between $25,000 to $50,000.