LINC is a program from the Federal Reserve Bank of Philadelphia designed to strengthen nonprofit knowledge and capacity on the Community Reinvestment Act (CRA) and to facilitate relationship-building between Third Federal Reserve District community development organizations and community banks. LINC builds on the Philadelphia Fed’s expertise and training on the CRA by creating an interactive online platform for groups to access information and training on this topic.
The Federal Reserve Bank of Philadelphia developed this program recognizing that there are a number of community-based organizations with project needs that support low- and moderate-income communities that could be met with CRA support. By pairing interested banks with eligible community development activities, LINC will facilitate communication and collaboration between banks and the community development sector, and it will create a community of learning about new opportunities and innovations in bridging capital and communities under CRA.
The application for the program is open now. Click here to apply. The application will close at 5:00 p.m. on Friday, April 27, 2018.
Interested participants from community-based organizations are asked to participate in two training webinars designed to enhance knowledge on the CRA’s application and to build a framework for discussing their work in the context of the CRA. Participants will be invited to submit an application with an organizational profile to be considered for an networking LINC event, where they will be have the opportunity to present their project and connect with community banks in the region.
Interested nonprofits that complete two webinar trainings will be invited to submit an application and organizational profile to LINC.
Click here to apply for the program.
More information on the program can be found here. Please contact Sydney Diavua (215-574-3854) or Tesia Lemelle (215-574-3931) with any questions.