GRCF backs foreclosure rehabs with loaned funds

Slovik, Elizabeth
July 2009
Grand Rapids Business Journal;7/27/2009, Vol. 27 Issue 30, p3
The article reports on the federal Neighborhood Stabilization Program of Grand Rapids Community Foundation which is producing 2 million U.S. dollars from its endowment available for loans to assist developers fix up foreclosed houses. The money is being administered by Great Lakes Capital Fund and Capital Fund Services. The fund is intended to help local nonprofits and for-profit businesses acquire foreclosed houses for rehabilitation.


Related Articles

  • Illinois Announces Two Rounds of Counseling Funding to Protect Homeowners.  // Pratt's Mortgage Compliance Letter;Dec2012, Vol. 12 Issue 12, p8 

    The article reports that the Illinois Housing Development Authority (IHDA) will make two new rounds of funding available to allow community-based organizations provide housing counseling to more families to protect their homes from foreclosure.

  • One list where we're happy not be at the top.  // Inside Tucson Business;4/27/2009, Vol. 18 Issue 48, p5 

    The article provides information on the foreclosure condition in Tucson, Arizona. Accordingly, the highest foreclosure rates have been cited in the four states of the U.S. including Arizona, California and Florida. However, Tucson was not included in the four states' cities having the highest...

  • Homeowners out in the Cold. Nguyen, Tram // Progressive;Nov2010, Vol. 74 Issue 11, p23 

    The article discusses many issues related to the housing and mortgage crisis in the U.S. It is stated that Contra Costa County of California has been badly hit by housing crisis. The area has seen a 290 percent increase in foreclosures. Highly impacted cities like Richmond and Antioch, have...

  • Banff Foundation provides money for school program.  // Alberta Sweetgrass;Feb2010, Vol. 17 Issue 3, p2 

    The article reports on the 52,000 dollars grant for the Banff Elementary School in Alberta given by Banff Community Foundation for active living and lifestyle program.

  • United Bank Supports Several United Ways.  // BusinessWest;1/30/2012, Vol. 27 Issue 19, p65 

    The article focuses on the support extended by United Bank's employees and its United Bank Foundation to the United Ways of Pioneer Valley, Hampshire County and Central Massachusetts as part of their commitment to the community.

  • Community foundation urges people to support organizations they care about, even in the slow times. Keegan, Theresa // Hudson Valley Business Journal;12/19/2011, Vol. 22 Issue 51, p3 

    The article focuses on the move of the Community Foundations of the Hudson Valley which urges people to support the causes and needs in the region, despite the down economy.

  • THE POWER OF A WISH. SAWICKI, STEPHEN // Greenwich Magazine;Dec2011, Vol. 64 Issue 12, p89 

    The article offers information on the support and assistance given by Make-A-Wish Foundation of Connecticut. It mentions that the foundation helped and realized the wishes of more than 2,000 individuals. Moreover, Michael Dominick states that the Make-A-Wish is well remembered and enjoyed by...

  • Community Foundation announces grant availability.  // Hudson Valley Business Journal;1/15/2007, Vol. 18 Issue 3, p21 

    The article reports on the grant availability from Community Foundation of Duchess County. It describes the Duchess County Bar Association Fund including where application forms can be found. The Foundation's mission is to link people with community causes. Information is provided about the...

  • Foundation shifting from flood recovery. Shaver, Pat // Corridor Business Journal;8/22/2011, Vol. 8 Issue 5, p5 

    The focuses on the Greater Cedar Rapids Community Foundation (GCRCF) in Cedar, Iowa, mentioning its efforts in providing assistance to several organizations affected by the flood in 2011.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics