The Renaissance Community Loan Fund (RCLF) Family has spent the past week watching the painful events taking place throughout our country, and we are heartbroken. At RCLF, we believe that Martin Luther King, Jr. was right when he said, “Injustice anywhere is a threat to justice everywhere.”
This country has been through so much this year with the COVID-19 pandemic, which has hit black communities harder due in part to the social inequities that exist in this country. We continue to witness racism, oppression, injustice and hate towards People of Color, which has led to the deaths of George Floyd, Breonna Taylor, Ahmaud Arbery, and many others before them. We share in the outrage of these deaths and mourn the destruction of communities and the division in our country.
The RCLF Family is going to listen, learn and advocate for the inclusion of People of Color in our communities. As a mission driven organization, we will continue to serve the underserved communities, building equity and relationships and providing needed financial education and resources. We will work together with those in the community to ensure the fair treatment and justice for all people, so that together we can benefit from the gifts of diversity. Our strength is our diversity and we must continue to build on this foundation, which is fundamental to our future as a society and as a business.
Renaissance Community Loan Fund stands with you.
In a strategic move to increase efficiency and customer service, Renaissance is now servicing its own mortgage and business loans in-house. This means that Renaissance is not only the mortgage lender for its clients, but also handles the day-to-day administrative tasks of the loans, including receiving payments and managing escrow accounts. This allows Renaissance to continue the personal, one-on-one relationships with our borrowers.
As a part of this growth, we welcome new team members, Jasmine Craft and Faith Farmer! Jasmine, the Loan Servicing Specialist, came to Renaissance with experience in loan servicing and mortgage lending. Faith, Collections Specialist, came to Renaissance with a background in banking and post-loan servicing. The combination of their winning personalities, knowledge and experience make Jasmine and Faith wonderful assets to the Renaissance team.
Renaissance Team Members Evelyn Ysais, and Nicole Rosetti, pictured with Mississippi Regional Housing Authority VIII Executive Director, Jesse Billups and Family Self Sufficiency & Homeownership Voucher Coordinator, Yvonne Blum at the 2nd Annual HUD Strong Families Initiative.
Renaissance currently partners with Housing Authorities within the State of Mississippi, so that participants in the voucher programs can pursue the dream of homeownership. Renaissance works with clients on financial and credit stability to achieve their goals. Homeownership builds community and promotes family self-sufficiency, which results in economic development for our State.
Murky Waters has received many accolades for their BBQ over the years. Now the guys behind it all, Brandon Atwell, Frankie Penn and Thomas Young, have been recognized for their hard work and dedication. The trio was recently named Young Entrepreneurs of the Year by the Small Business Administration. Additionally, Renaissance's Senior Lender, Vickie Rivers, was awarded the Rural Financial Champion of the Year. Congratulations to our winners!
Kimberly LaRosa, President & CEO, and Chuck Wall, CFO, visited Washington, DC where they had successful meetings with our delegates discussing Renaissance's programs and economic development in Mississippi.
Renaissance Community Loan Fund Celebrates Ribbon Cutting and Grand Opening of New Expanded Location in Gulfport
Larger corporate office allows for continued growth and expansion of products and services throughout Mississipp
Renaissance Community Loan Fund officials proudly celebrated the ribbon cutting of its new 10,000 square foot corporate office at 8917 Lorraine Road in Gulfport. The newly constructed facility nearly doubles the amount of space for the company, which was previously housed in the Knight Nonprofit Center since its inception in 2006.
Renaissance has grown tremendously from what began as a small nonprofit created to help residents get back into homes after Katrina. Now a nationally recognized Community Development Financial Institution, Renaissance specializes in assisting low-to-moderate income and credit-challenged borrowers achieve homeownership or become business owners throughout the entire state of Mississippi. The new office complements and supports this continued growth.
“We are very excited about the opportunities this new space provides Renaissance,” said Kimberly LaRosa, president and CEO of Renaissance Community Loan Fund. “In addition to investing in ourselves through equity in the building, we now have more work space for our team members, more meeting flexibility with multiple conference rooms and larger, more frequent homeownership and business classes in our beautiful new classroom. This is a huge milestone for us and will be a large factor in Renaissance’s continued success.”
Denise Carver, Director or Administration & Marketing
Renaissance Community Loan Fund
(228) 896-3386, ext. 107
“I’ve been renting so long, I never thought I would or could be a homeowner and today I closed on MY new house…”
Congratulations to mother and daughter, Allie and Sandra Williams, who are first time homebuyers! The Williams purchased their new home with their Section 8 Voucher from North Delta Regional Housing Authority (NDRHA) and financing from Renaissance Community Loan Fund. The CDC developed the three bedroom, two bath and carport with construction financing from Local Initiative Support Corporation (LISC).
Tunica County CDC New Housing Initiative moves families with Section 8 Vouchers from renters to Homeowners. Allie and her daughter, Sandra are the first family in Tunica County to qualify and purchase a home in the program. The New Housing Initiative converts the Section 8 Voucher to the Homeownership Voucher and qualifies the family for a mortgage loan through our credit counseling and financial education programs.
The CDC partners with NDRHA, LISC, and Renaissance Community Loan Fund to make homeownership a reality for Section 8 tenants.
For more information on the Tunica County CDC and the New Housing Initiative, visit www.tunicacountycdc.org.
For more information on Renaissance's Mortgage Program, The Dream Fund, click here.