Stories

Economic Development

  • Creating new opportunity for communities with innovative lending

    This article originally appeared as a blog post by Virginia Community Capital.

    In 2016, Fahe, a regional Network, financial intermediary, and CDFI, received $50 million in loan awards from the USDA Community Facilities Relending Program to pursue its mission: ending persistent poverty in Appalachia. Among its numerous initiatives, Fahe sought to build several...

    Fahe
  • Advancing Racial Equity With State Tax Policy

    This post is adapted from one that originally appeared on the Center on Budget and Policy Priorities' website . The Center is a nonpartisan research and policy advocacy institute, and one of the Babcock Foundation's grantee partners.

    States and localities can do more to help undo the harmful legacies of racism and the damage of continuing racial bias and...

    States Can Use Tax Policy to Advance Racial Equity
  • Congratulations to our New and Returning Grantee Partners

    Congratulations to our new and returning grantee partners who received funding in June 2018:

    Advocates for Community and Rural Education dba Rural Community Alliance

    Appalachia Funders Network

    Appalachian Citizens' Law Center

    Blueprint NC

    Coalfield Development Corporation

    CommunityWorks

    Homes of Hope, Inc.

    ...

  • A Proven Way to Battle Rural America’s Poverty

    This originally appeared as an op-ed in the Chronicle of Philanthropy on July 11, 2018.

    A county in Mississippi with a 28 percent poverty rate is about to boast the state’s first and only year-round, fully accessible camp for disabled children and adults. A rural county in South Carolina will soon have a dedicated high school to prepare students for health careers...

  • "As the South Grows" series highlights opportunity in the region

    The National Committee for Responsive Philanthropy and Grantmakers for Southern Progress have teamed up on a series of reports highlighting some of the promising systematic change efforts at work across the South. MRBF supported the project and Program Director Lavastian Glenn served on the advisory committee.

    As the South Grows highlights stories of potential, impact and...

    As the South Grows