Washington, DC (June 25, 2020) – The Washington Area Community Investment Fund (Wacif) today joined the Potomac Electric Power Company (Pepco), the energy division of Exelon Corporation, to announce a $350,000 grant supporting Wacif’s mission to promote equity and economic opportunity, with a focus on underserved entrepreneurs of color in Washington, DC, and more specifically,…
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Washington, D.C. (June 18, 2020) – The Minnesota Avenue Main Street (MAMS), a program of the Washington Area Community Investment Fund (Wacif), today shared the impact of the Minnesota Avenue Small Business Resilience Fund (the Fund), supported by DC Department of Small and Local Business Development (DSLBD). Grantmaking through the Fund helps underserved entrepreneurs along…
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Washington, D.C. (June 17, 2020) – Today, Opportunity Finance Network (OFN) announced that Washington Area Investment Fund (Wacif) was one of six Community Development Financial Institutions (CDFIs) nationwide to receive the first round of unrestricted grants from Google.org. The grant will help Wacif better serve minority- and women-owned small businesses. “CDFIs make the investments in small…
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Washington, D.C./Arlington, VA (June 4, 2020) – The Washington Area Community Investment Fund (Wacif) and Capital Impact Partners today announced $40,000 in grant awards to support cooperatively owned businesses through the inaugural D.C. Co-op Impact Grant. The awards will advance the growth of emerging and existing cooperatively owned businesses led by communities of color and…
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Washington, D.C. (June 3, 2020) – The Washington Area Community Investment Fund (Wacif) today joined Morning Consult, a global data intelligence company, for the launch of a small business resilience fund to support equitable economic development in the Washington area’s underserved communities. The partnership will support Wacif’s mission to build an equitable economy, with the…
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Washington, DC (March 13, 2020) – Wacif has been closely monitoring federal, state, and local updates about the coronavirus disease (COVID-19) and has decided to close our office effective Monday, March 16th for two weeks through Friday, March 27th. Please note that although our offices will be closed, Wacif staff will telework during that time. You can find email addresses…
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Washington, D.C. (January 24, 2020) –The Washington Area Community Investment Fund, Inc. (Wacif) announced additions to its staff and Board of Directors. Wacif’s expanded staff and Board leadership will facilitate Wacif’s efforts to expand access to capital products and capacity building technical assistance to low- and moderate-income entrepreneurs. “Wacif is growing to meet community need,…
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