The Federal Reserve Bank of St. Louis is kicking off the second full year of its Investment Connection program on May 21 in Memphis, to be followed by other live events around the Eighth Federal Reserve District in 2019.
The program provides community development organizations with an opportunity to present their Community Reinvestment Act (CRA)-eligible projects to financial institutions and other funders for potential financial support.
Since its inception in November 2017, more than $1.1 million in grants, loans, and investments has been committed to CRA-eligible projects with help from the program. Since the program started, 75 organizations have responded to its request for proposals. Of those, 40 presented their pitches live to more than 230 bankers and other funders.
This year’s Investment Connection events schedule is as follows:
- May 21 – Memphis.
- July 24 – Little Rock.
- Sept. 24 – Columbia, Missouri.
- Oct. 17 – St. Louis.
- Nov. 14 – Louisville.
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