Northland Foundation announces new loan capital available
Wednesday, July 21, 2021
The Northland Foundation announced today more than $2 million in new loan capital available to northeastern Minnesota businesses.
The Northland Foundation loan program has been a certified Community Development Financial Institution (CDFI) for more than 20 years. It is one of approximately 1,200 such entities scattered across all 50 states, the District of Columbia, and U.S. territories of Guam and Puerto Rico. As a CDFI, the foundation has successfully applied for upwards of $10 million for lending in its Northern Minnesota service area.
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