Browsing Category Archives

Based on “New Mexico”.

Drought in American Southwest worsens

Most of Arizona, Colorado and New Mexico are experiencing severe drought, and meteorologists are expecting conditions to worsen, according to the National Drought Mitigation Center.

W.K. Kellogg Foundation funding helps increase Native Community Development Financial Institutions’ capacity to work with Native American communities

West Sacramento, Calif. – The W.K. Kellogg Foundation recently made a $1 million Program Related Investment (PRI) and a $1 million companion grant to Rural Community Assistance Corporation (RCAC) in support of the Rainmakers Investment Collaborative (Collaborative). The Collaborative was established to increase impact investing in and improve access to capital by Native community development efforts in Arizona and New Mexico.

RCAC Loan Fund lends more than $10 million to rural communities

West Sacramento, Calif. — In the quarter ending Sept. 30, 2017, Rural Community Assistance Corporation (RCAC) closed 30 loans totaling more than $10 million to assist rural communities in Arizona, California, New Mexico and Washington. One loan will support a community health nonprofit organization in central California. Another loan will support a Washington tenant organization’s manufactured housing community acquisition.