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ARLINGTON, Va., May 6, 2021 /PRNewswire/ Washington, D.C. Mayor Muriel Bowser awarded Capital Impact Partners $1 million to manage the newly announced Nourish D.C. Fund. This fund, part of the $5.2 million D.C. Local Equity, Access, and Preservation Funds (D.C. LEAF) program, aims to support a robust ecosystem of locally owned food businesses in District neighborhoods by investing in BIPOC-owned businesses that otherwise struggle to access capital and also promotes health equity in the city. We invest in local businesses because they are the backbone of our economy, they are trusted and valued community partners, and they represent the dreams and aspirations of our residents, said Mayor Bowser. We are proud to support entrepreneurs that step up to help us build a more inclusive and diverse economy, and these LEAF grants represent a $5 million investment in our D.C. values.
New-yorkUnited-statesRosewoodCaliforniaOaklandMichiganBuzzard-pointDistrict-of-columbiaWashingtonMarjorie-nemes-galarzaHaroldb-pettigrew-jrKaty-changCDC Small Business Finance Program Brings Business Banking Opportunities Directly to the People
By Danny J. Bakewell, Jr. Executive Editor
Published April 8, 2021
Robert Villarreal, of CDC Small Business Finance, Elected to Opportunity Finance Network Board
Robert Villarreal is the Chief External Affairs Officer for the Los Angeles Branch of the CDC Small Business and Finance Program. Villareal is unapologetic about his passion for creating financial opportunities to local businesses and people in communities of color. He says that this pandemic has disproportionately affected Black and Brown people and as the organization’s external affairs officer, he and his team are determined to help turn these disproportionate occurrences in to opportunities for local businesses to rebound.
CaliforniaUnited-statesLos-angelesWashingtonAmericanMaurice-wilsonMarsel-wattsEllis-carrRobert-villarrealLos-angeles-branchProgram-in-los-angelesOpportunity-finance-network-board