Alabama Foundations Help Communities Get Cares Act Funding

credit: pasadenanow

Alabama Foundations Help Communities Get CARES Act Funding - Barron's.

The Black Belt region in Alabama is known for its rich soil, but also for its struggling, disinvested, and poverty-stricken communities.

Seven foundations led by the Alabama Power Foundation agreed to provide loan backstops to Hope Enterprise Corp.

that are backed by the assets in their foundations.

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