The Community Investment Guarantee Pool (the Pool) was launched to offer funding risk mitigation.
The Pool, with guarantee commitments totaling $33.1 million, is a new tool for community development finance and the first of its kind in the U.S.
Organizers hope that it will catalyze more than $150 million in new community investments in small businesses, climate and affordable housing.
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Empowerment Plan is a nonprofit aimed at helping countless homeless people find jobs. To combat the country’s homeless crisis, the Plan hires homeless people and teaches them how to make coats for the homeless suffering on the streets.