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REDF Impact Investing Fund April 2021 Newsletter

Leadership Spotlight: A. Charlene Leach

Since joining Better Futures Minnesota just six months ago, CEO A. Charlene Leach’s strong leadership and new perspectives have helped strengthen the organization and prepare them for growth despite exceptionally challenging times. Learn more about Ms. Leach’s leadership ethos and how RIIF’s partnership has helped Better Futures on its journey. Read more here. 

 

New Borrower: Opportunity Construction

Opportunity Construction is a Black owned and led, for-profit employment social enterprise that specializes in highway and bridge construction. A $200k loan from RIIF supports the acquisition of two female-only sober living homes that, along with other rental properties in its portfolio, will house at least 20 individuals employed by Opportunity Construction annually.

 

We’re Hiring! Senior Loan Associate 

We’re seeking a Senior Loan Associate to support the loan originations function by managing the underwriting for our loans. Deep financial analysis, cash flow projections, risk identification/mitigation, and appropriate loan structuring are all core aspects of the role. We are looking for someone with 4-6 years relevant work experience in small business finance, community development finance, or impact lending and who’s committed to bringing a DEI lens into the loan underwriting and credit risk assessment process. Learn more and apply now!

Request for Proposals

Help us spread the word! REDF Impact Investing Fund is accepting proposals through Monday, April 12, for a consultant to help develop and implement a credit risk rating system. Click below to learn how you, or someone you know, can use your expertise to support our work providing loan capital to businesses that offer jobs and wraparound services to people overcoming employment barriers. Learn more!

Sign up to receive quarterly updates from REDF’s Impact Investing Fund. 

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