Program Overview Launched in April 2021, the Southern Opportunity and Resiliency (SOAR) Fund provided affordable financing and free business support to services to eligible small businesses and nonprofits across the southern and southeastern United States to help them rebuild from the COVID-19 pandemic. The SOAR Fund included 12 Community Development Financial Institution (CDFI) participants that […]
Insights – California Rebuilding Fund
Program Overview The California Rebuilding Fund (CARF) provided flexible financing to California small businesses. Participating Community Development Financial Institutions (CDFIs) provided loans up to $100,000 to eligible California small businesses, which could be used for working capital, inventory, refitting for new social distancing guidelines, and more. Between January 2021 – June 2022, the Fund led […]
Insights – Chicago Small Business Resiliency Loan Fund
Program Overview 60 Decibels is partnering with CRF USA & Calvert Impact Capital to understand the impact of the Chicago Small Business Resiliency Loan Fund on small businesses. Partner organizations came together, via an innovative structure and collaborative funding model, to better understand and address common challenges in accessing and deploying capital for historically underserved […]
Insights – New York Forward Loan Fund Program
Program Overview Launched in 2020, the New York Forward Loan Fund (NYFLF) supported New York State small businesses with 50 or fewer full-time employees, nonprofits, and small residential landlords that experienced a loss of rental income. Through the fund, five local Community Development Financial Institutions (CDFIs) provided loans up to $100,000 to eligible New York […]
SOAR Fund
Launched in April 2021, the Southern Opportunity and Resiliency (SOAR) Fund provided affordable financing and free business support to services to eligible small businesses and nonprofits across the southern and southeastern United States to help them rebuild from the COVID-19 pandemic. The SOAR Fund included 12 Community Development Financial Institution (CDFI) participants that made loans […]