Marketing Manager, Nicole Rosetti, talks with Forge Fitness Owner, Scott Grady about the recent gym expansion, gym equipment and classes taught.
Gulfport, Miss. (September 19, 2017) – Renaissance Community Loan Fund has received $976,500 in financial assistance from the Community Development Financial Institution (CDFI) Fund’s CORE Grant Program. The award will allow Renaissance, a Mississippi-based non-profit CDFI, to continue improving low-income communities in Mississippi through personalized lending and financial counseling services to underserved residents.
This year’s funding award will focus on expanding the availability of Renaissance’s mortgage and business lending programs and services in the Northern counties in Mississippi. In addition, Renaissance leaders are committed to investing in and building equity in minority populations in the state that have higher levels of poverty and need.
“We are honored to receive this award from the CDFI Fund,” said Kimberly LaRosa, president of Renaissance Community Loan Fund. “The award allows us to continue providing financing programs and support that people need to become homeowners, build successful local businesses and create vibrant communities throughout our great state and build on our successful track record.
Of 434 eligible organizations who applied for financial assistance through the 2017 round of the CDFI Program, 265 were awarded funding that totaled more than $171.1 million. This was the largest pool of awardees in the history of the CDFI Fund.
Marketing Manager, Nicole Rosetti, visits with David & Angela Skelton, owners of Overwatch Supply to talk about the outdoor & tactical equipment, emergency supplies and self-defense products they carry.
Tupelo, Miss. (August 29, 2017) – Renaissance Community Loan Fund, a Mississippi-based non-profit Community Development Financial Institution (CDFI), announced the grand opening of a new location in North Mississippi, which will expand access to its lending programs and services for underserved residents in Mississippi.
What began as an organization geared to facilitate growth and rebuilding in Mississippi following the devastation of Hurricane Katrina in 2015, Renaissance continues to grow as a nationally recognized leader in community lending programs and financial counseling services. The addition of the Tupelo location is the next natural step in Renaissance’s strategy to ensure convenient access to the organizations programs and services across the state.
“The new location in Tupelo was strategically chosen due to the growing number of residents in North Mississippi in need of our services,” said Kimberly LaRosa, president and CEO of Renaissance. “Opening this location is a testament not only to Renaissance’s commitment to bring affordable lending services to the entire state, but it is a milestone in our commitment to increase economic and community development in Mississippi.”
Then new office, located at 431 West Main Street, Suite 300 in Tupelo, is fully staffed and ready to assist Tupelo and North Mississippi residents with their affordable mortgage and business lending needs. Tupelo native John-Michael Marlin leads the office as Community Outreach Coordinator. “I was raised in Tupelo and I’m personally invested in seeing this community prosper through the availability of Renaissance’s lending programs and financial counseling services,” said Marlin at the recent ribbon cutting and open house. “The residents of the community will receive the personalized services from someone who knows the area and understands their needs.”