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New Neighborhoods Rising Fund Launched to Support Investment in Area Neighborhoods

New Neighborhoods Rising Fund Launched to Support Investment in Area Neighborhoods

April 6, 2015

FOR IMMEDIATE RELEASE

Kansas City, MO and Kansas City, KS – The new Neighborhoods Rising Fund (NRF) is a funding collaborative that will provide grants up to $3,000 for high impact community projects and neighborhood revitalization initiatives that help build stronger and more effective neighborhood organizations in low to moderate income areas throughout the Greater Kansas City region. The NRF will be managed by the Community Capital Fund (CCF) and Greater Kansas City Local Initiatives Support Corporation (LISC).

Formerly called the Neighborhood Self Help Fund, the NRF is being relaunched in 2015 with funding from its three key legacy funders: W.T. Kemper Foundation, H&R Block Foundation, and the Hallmark Corporate Foundation. Supplemented with additional funders, including the KCMO CDE and the Sosland Foundation, $100,000 is being raised annually to expand the collaborative.

“We are very excited to be a part of this highly successful grassroots funding collaborative that brings the funding community back together to support the basic needs of neighborhoods on both sides of the state line,” said Samuel Bennett, Program Officer for the William T. Kemper Foundation.

For many years, the Neighborhood Self Help Fund served as a longstanding, dependable resource for Kansas City neighborhood groups to fund small but vital projects and capital investments. Now, CCF and LISC are leveraging their existing grant management experience and community development expertise to redesign this fund into a leverage opportunity that will complement their existing programs and other investments being made by public and private partners.

“The relaunch of the Neighborhoods Rising Fund and the support it receives from some of the city’s largest companies and foundations is a testament to the importance of investing in neighborhood revitalization at the grassroots level,” said Ruben Alonso, Executive Director of the KCMO CDE.

The grant round will open Friday, April 10th with applications due May 8th at 5pm. Registered neighborhood organizations, Missouri and Kansas nonprofits, and 501c3 nonprofit organizations that are located in or serve low income areas in Kansas City, Missouri and Kansas City, Kansas are eligible to apply. Interested organizations can attend one of the two information sessions that will be held mid- April:

1.   Wednesday, April 15th from 4:30-6:00pm at the Mohart Center at 3200 Wayne in Kansas City, Missouri.

2.   Thursday, April 16th from 5:30-7pm at the Livable Neighborhoods office at 4953 State Avenue, Kansas City, Kansas.

For information about the new Neighborhoods Rising Fund visit the CCF website at  www.ccfkansascity.org or contact Amanda Wilson, Program Manager for the Community Capital Fund, at amanda@ccfkansascity.org or 816-502-9584.

Contact: Amanda Wilson
Program Manager Community Capital Fund
816-502-9584
amanda@ccfkansascity.org

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About Community Capital Fund: Founded in 2012, CCF is a community development 501c3 that  supports innovative and measurable community development in historically under-invested and under- resourced areas of Kansas City, Missouri. The CCF empowers and supports positive neighborhood transformation by building the capacity of neighborhood groups and community organizations through a unique grant program as well as community based programming such as our annual Community Development Workshop and the CommunityKC online mapping tool.

 

About Greater Kansas City LISC: LISC is the nation’s largest community development support organization that leverages local investments with national resources in 31 urban markets and across much of rural America. LISC's place-based approach to community development, NeighborhoodsNow, and its Financial Opportunity Center Network, builds the capacity of neighborhoods and the financial stability of families across KCMO and KCK. Since 1981, Greater Kansas City LISC has invested over $143 million in metropolitan Kansas City, which has leveraged nearly $610 million in total development. More information is at www.lisc.org/kansas_city/.

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