Advocate for & Protect Key Federal Financing Programs
Advocate for & Protect Key Federal Financing Programs
- Sign on to national advocacy campaigns working to safeguard and expand access to Community Development Financial Institutions (CDFIs), New Markets Tax Credits (NMTC), Low-Income Housing Tax Credits (LIHTC), and Community Reinvestment Act (CRA) reforms that support affordable housing and small business development.
- Engage state and local policymakers, as well as Georgia's congressional delegation, to push for maintaining or increasing allocations for these programs.
- Educate business leaders, banks, and other stakeholders on how to leverage NMTCs and LIHTCs in light of federal shifts.
Leverage USDA & EPA Funds for Community Investment
Leverage USDA & EPA Funds for Community Investment
- Proactively work with rural and urban communities to tap into USDA Rural Development Programs, including Rural Energy for America Program (REAP) grants and Water & Environmental Program (WEP) loans, which remain underutilized in Georgia.
- Advocate for greater state-level coordination to streamline access to EPA's Greenhouse Gas Reduction Fund, Brownfields grants, and other funding pools that can support environmental justice and infrastructure projects.
- Partner with regional planning commissions and local governments to unlock USDA and EPA funds for climate resilience, agriculture innovation, and clean energy initiatives.
Expand Bridge Lending & Working Capital for Nonprofits & Social Enterprises
Expand Bridge Lending & Working Capital for Nonprofits & Social Enterprises
- Establish or grow working capital and bridge loan funds for nonprofits that rely on delayed federal or state reimbursements, ensuring continuity of essential services in housing, healthcare, and workforce development.
- Encourage mission-driven banks, foundations, and investors to create flexible, low-cost loan products that support cash flow stability for organizations affected by grant and contract funding cuts.
- Develop statewide guarantee programs or pooled reserves that reduce risk for lenders extending credit to mission-driven enterprises.
Form Strategic Partnerships to Fill Funding Gaps
Form Strategic Partnerships to Fill Funding Gaps
- Facilitate coalitions between foundations, banks, corporations, and local governments to align capital where federal dollars are shrinking.
- Structure public-private partnerships that can deploy patient capital toward housing, climate resilience, community infrastructure, and economic mobility projects.
- Encourage philanthropic "catalytic capital" initiatives, where foundations and impact investors provide first-loss funding to de-risk community investments.