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 […]
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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 […]
