Huntsville, Alabama – October 20, 2015: North Alabama Revolving Loan Fund, LLC (NARLF), a subsidiary of Huntsville non-profit Neighborhood Concepts, Inc. (NCI), has been certified by the U. S. Department of the Treasury’s Community Development Financial Institution Fund (CDFI Fund) as a Community Development Financial Institution or CDFI.
Creating a Just Economy
Interested in creating a more just economic framework to improve the lives of American families by strengthening access to credit and capital? Then you won’t want to miss the National Community Reinvestment Coalition’s Annual Conference in D.C. in late March.
City of Huntsville’s Community Development Department Needs Assessment Survey Huntsville, Alabama 02/17/2015 The City of Huntsville’s Community Development Department is seeking citizen input in the development of their Consolidated Plan. Please take a few moments to complete the following needs assessment survey to help inform their report Needs Assessment Survey
$15,000 grant from Wells Fargo makes job-readiness program possible
Neighborhood Concepts, Inc. and Wells Fargo recently recognized eight graduates of the Housing Works program. The program, which is targeted to the unemployed and under-employed, provides skills and training necessary to compete in today’s job market with the goal of creating greater self-sufficiency.
Neighborhood Concepts has been nominated by the HOTCoffee community as one of the Rocket City’s top “Innovation Leaders” for its work in providing financing to small businesses and entrepreneurs through the North Alabama Revolving Loan Fund (NARLF). HOTCoffee is a startup networking community started by UAH’s College of Business Administration.
Article by Mike Kelley with AL.com
Huntsville, Alabama – October 10, 2014
You’re a small entrepreneur with a dream. A small loan would help get you get there, but your bank is not interested in your vision. Who do you call? The Neighborhood Concepts new Revolving Loan Fund may be your answer. Tailor-made for small start-ups or small businesses needing a microloan to expand, the new program makes “microloans,” from as little as $2,500 to as much as $100,000.
Opportunity Fair related to construction of Clarkston Square Apartments
Neighborhood Concepts is co-hosting an Opportunity Fair for prospective contractors and low and very low income residents of Huntsville on Wednesday, October 1st to make each aware of contracting and employment opportunities related to the construction of Clarkston Square Apartments.
A dream realized. That is how NARLF client Carmen Macias Erdman describes the beautifully renovated space that is now the Court Street Market in Florence. Home to local artisan vendors, the two-story indoor market offers variety under one roof.
City of Huntsville officials were on hand for the dedication of the Spring Branch community on Thursday, November 14th at 11:30 am. In 2012, local non-profit Neighborhood Concepts, Inc. spearheaded a revitalization of an aging apartment complex that resulted in 70 renovated affordable apartment homes, a community splash park and a community garden.
Red Gingham Gourmet, a Florence‐based producer of fully cooked, frozen cornbread muffins, recently received financing from the North Alabama Revolving Loan Fund (NARLF) that will allow the company to increase production and expand into new markets.
Neighborhood Concepts recently celebrated the grand opening of Franklin Hills Apartments in Huntsville, Alabama. Conveniently located at 5300 Millennium Drive, just minutes from University Drive and Research Park Boulevard, Franklin Hills offers 1 and 2 bedroom apartment homes for seniors 55 and older.
NARLF has partnered with Emerging ChangeMakers Network (ECN), a Mobile-based non-profit, to establish a pilot loan program to assist farmers in the Black Belt Region in accessing capital that will allow them to expand their production. This pilot program will provide funding to make multiple small loans between $1,000 and $5,000 to farmers in a value chain with the Deep South Food Alliance for their Leafy Green Value Chain Project.