New Investment Fund Aims to Revitalize
Rhode Island Communities

The fund will offer loans or equity investments to first-time resident real estate developers and small businesses in neighborhoods that have historically been excluded

The Rhode Island Community Investment Cooperative has created a new community investment fund.
The Rhode Island Community Investment Cooperative has created a new community investment fund.
Jessica David
Share
The Rhode Island Community Investment Cooperative has created a new community investment fund.
The Rhode Island Community Investment Cooperative has created a new community investment fund.
Jessica David
New Investment Fund Aims to Revitalize
Rhode Island Communities
Copy

The Rhode Island Community Investment Cooperative has launched a new community investment fund.

The initiative is designed to encourage the creation of small businesses and real-estate projects in neighborhoods that have been historically excluded from traditional forms of investment.

Luis Hernandez of The Public’s Radio spoke with Jessica David, the president and CEO of the Rhode Island Community Investment Cooperative. They discussed the fund and how it will work.

This interview was conducted by The Public’s Radio. You can read the entire story here.

Budget’s late approval means taxpayers have grace period to make first quarterly payment
As federal funding winds down, Steinberg steps down after helping launch Rhode Island’s push into the life sciences industry, highlighting early wins and long-term potential for economic impact
More than 200 residents packed City Hall as the Newport City Council urged Brown University Health to keep the Noreen Stonor Drexel Birthing Center open — a vital maternity unit where nearly 500 babies were born last year
Labor historian Scott Molloy, an emeritus professor at URI, says Coia was ahead of his time
The Senate voted by a razor-thin margin late Tuesday to advance debate on a package of funding cuts requested by President Trump that would claw back $1.1 billion previously allocated to the Corporation for Public Broadcasting