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July Newsletter: Two Ways to Take Action, Lending Updates, and More

July Newsletter: Two Ways to Take Action, Lending Updates, and More

Take Action: Support Federal Funding for Employment Social Enterprise Since the start of the pandemic, REDF has been working with partners across the country to advocate for increased support for employment social enterprises (ESEs) in federal COVID-19 economic relief efforts. Earlier this month, five U.S. Senators introduced the Jobs For Economic Recovery Act, which would …

July Newsletter: Two Ways to Take Action, Lending Updates, and More

Since its formal launch one year ago, the REDF Impact Investing Fund (RIIF) has reached a number of important milestones –  deploying over $1.8M in capital, forging a new co-lending partnership in response to COVID-19, and expanding the portfolio to include eight loans closed to-date. These growth-focused businesses are using loan funds paired with REDF’s …