Venturesouth, doing business as Sabre Finance, was awarded a $1,000,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024).
The two-year award will support Venturesouth's ability to provide financial products and services to communities in response to the economic impacts of the coronavirus pandemic. Specifically, the funding will allow Venturesouth to prepare for and support its clients through the crisis by responding to increased demand and needs. The CDFI RRP aims to bolster Community Development Financial Institutions' pandemic response efforts between June 2021 and September 2023.
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