The RGVMB has been awarded two (2009 and 2013) CDFI Fund grants and loans totaling over $1.6 Million. These funds allowed the RGVMB to restart the CASALoan and create and launch the Community Loan Center.
In 2015 the RGVMB and its partner franchises in the Community Loan Center network were awarded $5.1 million from JP Morgan Chase for the Pro-Neighborhoods Award. These funds were used to increase lending in the three markets in Texas (Dallas, Brazos Valley and the RGV) as well as set up two new franchises in the State of Indiana.
In 2016 The RGVMB was awarded $1.6 million from the Wells Fargo/Opportunity Finance Network NEXT Award. These funds are used for lending capital in the RGV as well as lending capital for new and expanding CLC Franchises.
In 2017 The RGVMB was awarded a PRI of $1,000,000 from the Kellogg Foundation. These funds are used for lending capital in the RGV as well as lending capital for new and expanding CLC Franchises in Texas, Mississippi, New Orleans and Michigan.
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