West Sacramento, Calif. — The PNM Fund, a division of the PNM Resources Foundation has awarded a $10,000 grant to Rural Community Assistance Corporation (RCAC). The New Century of Service Centennial Grant award will support RCAC’s Building Rural Economies (BRE)/Entrepreneurial Leadership Program in New Mexico’s Cochiti Pueblo.
Cedar City, Utah – The drive along Interstate 15, which meanders from the Mexican border in California to the Canadian border in Montana, can get plenty lonely. After 30 miles of virtually no services, there’s a reprieve: the well-stocked and clean convenience store and smoke shop, Cedar Band Trading Post, which the Cedar Band of Paiutes opened in 2012.
@InesPolonius, @CommunitiesU: 3 Policy Recommendations for Congressional Consideration
1.The $1 billion dollars for the CDFI Fund as laid out in the Heroes Act on May 12th to capitalize the very CDFIs that support rural communities is an essential strategy for recovery.
2.Additional legislation in #COVID19 response to create dedicated funding streams for micropolitan areas and small towns with populations below 50,000, targeting rural health care infrastructure, struggling water and wastewater systems, rural small businesses
and minority-owned businesses is critical for an equitable recovery.
3.Finally, a strong and modernized Community Reinvestment Act (CRA) that incentivizes the banking industry to invest alongside us in rural communities is now essential for recovery.