Providence Revolving Fund allocated $1.6M in federal funds

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THE PROVIDENCE REVOLVING FUND has been awarded a $1.6 million grant from the U.S. Treasury's CDFI Rapid Response Program. Above, organization Executive Director Carrie Zaslow. / COURTESY PROVIDENCE REVOLVING FUND
PROVIDENCE – The Providence Revolving Fund was awarded $1.6 million in federal CDFI Rapid Response Program funds, state congressional lawmakers announced Monday. The announcement follows news last week that the Capital Good Fund also received a $1.3 million grants from the U.S. Treasury-run grant program. The Providence Revolving Fund and the Capital Good Fund were…

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