Stories

Rural

  • 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
  • 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.

    ...

  • "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
  • Uplift America Partnership Bearing Fruit in Rural Communities

    This post originally appeared on the website of Prosperity Now, an organization dedicated to ensuring everyone in our country has a clear path to financial stability, wealth and prosperity. A key partner in Uplift America, Prosperity Now conducted research to guide the initiative’s design and implementation and now tracks Uplift’s impacts on local lenders and the rural...

  • Sparking Development where it’s Needed Most

    Big-money real estate developers are flocking to the American South, lured by aggressive economic development policies, generous tax incentives, lax regulations, low-cost land, cheap labor and a booming population. Investors are pouring considerable dollars into large real estate funds that typically target the same five to ten big cities. These dominance of these so-called “mega-funds,” which...