As the COVID-19 situation continues to evolve, we remain diligent in our efforts to protect the safety and well-being of our employees and those we serve. We will conduct our events via webinar or virtual meeting as the situation warrants.
Bringing community organizations together with bankers and other funders to address the current and future needs of low- and moderate-income, distressed, and underserved communities.
Investment Connection is a tool that employs an online proposal portal and in-person events to allow community-based organizations to present projects that are likely Community Reinvestment Act (CRA)-eligible to financial institutions and other funders (foundations, CDFIs, and government entities).* The projects and programs focus on supporting a resilient workforce in low- and moderate-income, distressed, and underserved communities. Projects and programs that support workers’ ability to prepare for, adapt to, and thrive in changing environments and those that address barriers that keep the current and future workforce from reaching their full potential are particularly important during this time, as the COVID-19 outbreak adds further, disproportionate strain to already vulnerable populations and communities.
Organizations may propose community and economic development projects in need of funding through an application process. Organizations with projects deemed eligible under the CRA may have the opportunity to present their proposals to multiple potential funders.*
We are no longer accepting proposals for 2020. Please check back in 2021!
Orientation and Community Reinvestment Act (CRA) training events
These originally half-day events provide community-based organizations and funders information on Investment Connection, CRA, and other potential funding sources.
- There are no additional training events for 2020. Please check back in 2021!
Community-based organizations, still have questions about the RFP process? Attend an informational drop-in call:
- There are no additional drop-in calls for 2020. Please check back in 2021!
Funders, view funding opportunities via the Investment Connection Funders Portal. Search projects 24/7 by geographic area or issue addressed. Potential funders interested in registering for future Investment Connection events can email firstname.lastname@example.org.
Investment Connection events
During these events, funders are pitched proposals that have been identified as likely CRA-eligible.*
2020: Supporting a Resilient Workforce
- November 10, 10:00-11:45 am: Lexington–Eastern Kentucky (virtual meeting) – Register
Please direct them to email@example.com.
Note: The Federal Reserve Bank of Cleveland is not a grant-making organization. The purpose of its presenting the Investment Connection program is to facilitate education, information sharing, and potential opportunities related to the CRA. The Cleveland 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.
* Subject to CRA performance evaluation