The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced awards of $185.7 million to 196 organizations yesterday. Continue reading
We are excited to share that our $250,000 loan to Immersion Research in Confluence, PA was 1 of only 10 loans featured in the Summary of States’ 2014 Annual Report for the U.S. Treasury’s State Small Business Credit Initiative (SSBCI). Continue reading
The Tribune-Review did a great follow-up article about our Placemaking Award. Continue reading
The Progress Fund and the community of West Newton were recognized today at Urban Land Institute’s 3rd Annual Placemaking Awards for Excellence. Continue reading
Today, The Progress Fund reached another milestone. We’ve now provided over $60,000,000 in small business loans. Today’s loan to Birdsfoot Golf Club in Armstrong County pushed us over this milestone. Continue reading
Washington, DC – September 10, 2015 – The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced awards of more than $202 million to 195 organizations. The Progress Fund is excited to announce that it received $1,653,000, the maximum amount it was eligible for under this year’s competitive grant process. Continue reading
A nonprofit program addressing economic development in towns along the Great Allegheny Passage and other bicycle trails announced Tuesday it has been approved for a $140,000 federal grant. Continue reading
Business owners, trail partners and community members along the Great Allegheny Passage (GAP) and the Erie to Pittsburgh Trail (EPT) have been invited to summit meetings for updates on their respective trails and the economic benefits they bring to their communities.
The first meeting, a three-stage event that will focus on group tourism and packaging, will be Monday, April 27 at the Voodoo Brewery at 205 E. 9th Avenue in Homestead. Continue reading
A great article about the revival of Greensburg, home of our office, was published in the Tribune-Review newspaper. Continue reading
Riverfront dining is a special and memorable experience. In this region, the options are few and so they become local favorites and tourist destinations. Add Downtown West Newton to the short list.
Last week, Subway opened its best new restaurant, dare we say anywhere? Their opening is the culmination of The Progress Fund’s three-year effort to secure and rehab this exceptionally well-positioned property for a new commercial life. Continue reading