Community Corner

Hartford Nonprofit Secures $300K For Minority Community Organizations

Those organizations are located in Bridgeport, Hartford, New Haven and Waterbury.

Courtesy of LISC Connecticut

HARTFORD, CT — The Local Initiatives Support Corp. Connecticut, which is based in Hartford, announced recently it is receiving a $300,000 investment from JPMorgan Chase to support programs for seven Black, Indigenous and people of color-led (BIPOC) community development corporations and organizations.

Those groups are located in Bridgeport, Hartford, New Haven and Waterbury.

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According to LISC, nonprofit organizations often face challenges securing funding for capacity building projects like technology upgrades, staff professional development and communications or volunteer engagement strategies that hel serve the community and deliver on their mission.

Funding for these types of organizations is also difficult.

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With this in mind, LISC Connecticut is launching this program to ensure BIPOC-led groups can best meet the community development needs of the people and neighborhoods they serve.

These groups help address challenges of housing affordability, economic insecurity and community revitalization.

Those benefitting from the funding are:

Beulah Land Development Corp. – New Haven.

• Urban League of Greater Hartford – Hartford.

“LISC is grateful to JPMorgan Chase for making possible this program, which will empower community organizations led by people of color to better compete for funding, serve their communities, and close racial equity gaps,” said Jim Horan, LISC Connecticut executive director.

“LISC Connecticut recognizes the challenges faced by BIPOC-led organizations that often lack the funding, technical assistance and leadership development needed to fulfill their mission of stabilizing and revitalizing communities,” said Rafia Zahir-Uddin, vice president, global philanthropy, Connecticut, JPMorgan Chase.

“This investment furthers our shared commitment with LISC CT to foster greater economic opportunity for people of color and place racial equity at the center of our neighborhood revitalization work.”

For more information on JPMorgan Chase, click on this link.

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