The rapid changes that all of our organizations are facing are causing a great deal of financial stress. Federal interventions like the SBA Paycheck Protection Program are helping some members of the network, but more funding to stabilize your organization’s staff and activities is likely needed.
We’ve reached out to NeighborWorks Network members to understand their specific situations, and we thank everyone who responded to our COVID-19 Impact Survey last week – all of the conversations and survey results have given us a clearer picture of what will be most helpful right now. We are working on new financing solutions to offer to NWOs, and will be rolling them out soon.
Please stay tuned to your email for the latest. If you have questions or a specific need sooner, please reach out to your NeighborWorks Capital Loan Officer.