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Through Create Jobs for USA, a collaboration between Starbucks and Opportunity Finance Network (OFN), Nonprofit Finance Fund (NFF) is providing loans to nonprofits to create and sustain jobs in underserved communities. Create Jobs for USA is a nationwide effort to support community businesses. Loan funding will be distributed via Community Development Financial Institutions (CDFIs).
NFF is one of just 28 CDFIs in the nation to receive a grant in the inaugural funding round. The grant was made possible by a $5 million seed contribution from the Starbucks Foundation. Create Jobs for USA expects to raise tens of millions of dollars more, according to a spokesman, and one hundred percent of these donations will go to create and sustain jobs in communities across America.
Since 1980, Nonprofit Finance Fund (NFF) has made $250 million in loans to nonprofits in support of over $1.4 billion in projects. Our financing helps nonprofits manage growth, build and renovate facilities, balance government contract payments and cash flow and bridge capital campaigns, so organizations can better serve their clients and communities.To learn more about our loan program, click here. If you would like to inquire about a loan from NFF, please fill out our loan inquiry form. If you have difficulty with the form, please send an e-mail to CreateJobs@nffusa.org.
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Nonprofit Finance Fund® is a nonprofit 501(c)(3) Community Development Financial Institution (CDFI). © 2012 Nonprofit Finance Fund. All Rights Reserved