
Brookline Bank Provides $1M Credit Line to MCCI for Small Biz Loan Program
Boston-based Brookline Bank has provided a $1 million line of credit to Mill Cities Community Investments that will fund the latter’s small business lending program.
Boston-based Brookline Bank has provided a $1 million line of credit to Mill Cities Community Investments that will fund the latter’s small business lending program.
Business leaders must continue to focus on communities of color, understanding that ongoing commitment to affordable housing and economic development is vital for equity.
Cambridge Savings Bank has provided a $750,000 corporate loan to Capital Good Fund, a Rhode Island-based community development financial institution, to fund small-dollar loans to low- and moderate-income families and individuals in Massachusetts.
Cape Cod 5 has partnered with a local community development financial institution to create a $2 million loan fund for child care and early education providers.
Fitchburg-based Workers Credit Union and Pittsfield-based Greylock Federal Credit Union were among eight organizations in Massachusetts to receive money awards from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund.