New Relief Loan Fund Available to Human Service Agencies Responding to the Effects of the Economic Crisis
Troy, Michigan, June 30, 2009
In response to the current economic crisis, The Kresge Foundation has established a new Community Relief Fund, a program-related investment fund that will make interest-free loans of $250,000 to $500,000 to human service organizations providing food, shelter and other emergency services.
The loans are 24- to 36-months in duration. Homeless and domestic-violence shelters, safety-net providers, affordable housing and supportive services, legal aid services, emergency assistance providers, and multi-service health and human service organizations are encouraged to apply.
Kresge has purposely designed the application process to facilitate speedy review and decision-making. Please visit the Community Relief Fund page for eligibility criteria and application information.
If you have questions, e-mail our Grants Inquiry Coordinator or call 248-643-9630.