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Rhode Island CDFIs

Community development financial institutions are a unique resource to assist businesses in economically distressed areas. The institutions offer financing as well as other resources to support affordable housing and economic development.
  • CTNext is Connecticut’s innovation ecosystem, like an incubator helping entrepreneurs validate their ideas
  • For entrepreneurs, CTNext has unique mentor programs, seminars and onsite workspaces
  • CTNext is a support system that steps in with customized help right when entrepreneurs need it most

The Washington Trust Charitable Foundation provides financial assets to programs and projects focused on affordable housing and revitalization, business and economic development, and hospital, health and human services that directly benefit underprivileged local residents.

The Trust Agreement establishing the Trust in 1981 mandates that the money and income received thereon be distributed for the charitable purpose of “promoting social welfare in Rhode Island” by aiding or assisting its citizens in the areas of housing, health, education, and welfare.

Dexter Donation

The Dexter Donation is a trust established in 1824.

Providence Bank & Trust (PB&T) was formed in 2004 as a de novo community bank in South Holland, IL, with 14 employees.  The bank is so sincerely committed to the neighborhoods it serves, that they incorporated the Providence Bank & Trust Stewardship Program into their corporate principles when the Bank was founded – promising that ten percent of the Bank’s profits would be donated to local civic, non-profit, and Christian organizations.

  • A CDFI for socially conscious enterprises in the New England region
  • A financing program with loans of up to $1.5 million
  • Offers resources to connect borrowers with technical assistance and more