Equitable Wilmington CDFI Collaborative announces that eight nonprofit organizations have been awarded a Capacity Building Fund grant, a one-time grant made possible by the JPMorgan Chase PRO Neighborhoods program. In total, the Collaborative issued $100,000 in grant funds to nonprofits who support equitable development in one or more of the neighborhoods of Westside/West Center City, Northeast and East Wilmington to expand their ability to sustainably meet the needs of their communities.
The grants may be used to support the organizations in capacity building activities such as assessment of management and governance systems, evaluation of service effectiveness, strategic planning, board or staff development, fund development planning /implementation, establishment of a fund development program, succession planning, mergers or restructuring, technology upgrades, and external communication strategies.
Congratulations to the Capacity Building Fund grant recipients:
- Be Ready CDC
- Collaborate Northeast (DCF Fiscal Sponsor)
- Cornerstone West CDC
- Delaware Community Reinvestment Action Council
- Habitat for Humanity of New Castle County
- Latin American Community Center
- REACH Riverside
- Wilmington Neighborhood Conservancy Land Bank
Equitable Wilmington is proud to support each of these outstanding organization’s continued success and looks forward to their continued work in the Wilmington community.
About PRO Neighborhoods
JPMorgan Chase & Co. provided a $4 million, three-year investment to Equitable Wilmington. JPMorgan Chase PRO Neighborhoods competition is part of the firm’s $125 million, five-year national commitment in neighborhood revitalization. The initiative helps equip community leaders with the tools needed to transform underserved neighborhoods into neighborhoods of opportunity – where diverse individuals and families at all income levels can live.
About Equitable Wilmington Collaborative
Equitable Wilmington CDFI Collaborative is an effort to promote inclusive growth in Wilmington’s West, East and Northeast neighborhoods to stimulate economic opportunity and mobility. Equitable Wilmington provides lending resources and technical assistance for transformative projects such as building affordable housing, community facilities, and supporting small businesses in these key neighborhoods.
The Equitable Wilmington CDFI Collaborative is a partnership of Cinnaire, NCALL Loan Fund and True Access Capital and is supported by JPMorgan Chase through the PRO Neighborhoods initiative.