This session for community-based organizations and nonprofit organizations will provide an overview of CRA-defined community development activities. Plus, learn how to submit an Investment Connection application, the do’s and don’ts of drafting your proposal, and about financial documentation required to submit a proposal.
From July 5-30, the Richmond Fed’s Investment Connection application portal will be open to community-based and nonprofit organizations serving rural communities in regions served by the Federal Reserve Bank of Richmond. Potential applicants are strongly encouraged to attend this live Application Training & Information Session via Zoom on July 8 or to view applicant training videos prior to applying.
Through Investment Connection, organizations may submit community and economic development projects through an online Request for Proposal application process. These projects are housed in an online database that is accessible to bankers, CDFIs, foundations and other funding entities seeking to invest in their region.
The Federal Reserve Bank of Richmond is not a grantmaking organization. The purpose of Investment Connection is to facilitate education, information sharing and potential opportunities related to the CRA. The Richmond Fed does not endorse or make any representations as to the propriety or suitability of the participating organizations investments or programs. Organizations should perform their own due diligence before engaging in any transactions with these entities to ensure that any such transactions meet the organization’s objectives.